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Can I Get A Loan Right Now Without A Job Or Bank Account?

9 Answers

Monica Stott Profile
Monica Stott answered
Without either a job or a bank account the chances of anyone successfully getting a loan are not very good. 

Loans are usually given to people who can prove that they have either a bank account or a job or both.  This is because it gives the lender a place in which they can deposit the money and it gives them a way to check that you have a regular income coming in so they can see that you have a means of making the repayments. You cannot blame any lender for not wanting to loan money to anyone if they think they are not going to get it paid back.

Without a job how are you going to make the repayments?

Without either, getting a loan from a high street bank or building society is not an option as they will most definitely require you to have both.

It may be possible to obtain a loan online without either a bank account or a job but you will have to prove to the lender that you do have an income as they will need assurance that the repayments on the loan will be met.  

There are plenty of lenders that will give you a loan if you have a job but no bank account and plenty that will give you a loan if you have a bank account but no job.

An online search on the internet will throw up plenty of Payday Loans which are short - term loans only that are to designed to help you out in an emergency if you find yourself short until you get to your next pay day.  They are not to be seen as or used as, a long term loan.  The chances of getting a Payday Loan without a job again are very slim as without a job the lender will want to know how you are going to make the repayments.
Anonymous Profile
Anonymous answered
Soo I get a 355 dollar check from welfair  and I'm trying to get in to my own place but I need a boost to help me in. After I'm in I got it. I just don't have enough for the deposit. Do you think that I can get a loan with the welfair check as my income? Just like a job?
Anonymous Profile
Anonymous answered
I would honestly say no, due to the fact that you don't have a way of paying the money back but then again I would say yes because who knows what will happen you may find a really great job so that you will be able to pay the money back.
Anonymous Profile
Anonymous answered
Think of it this way. Would YOU give a loan, out of your own pocket, to someone without a job or a bank account? Do you have any collateral to put up? You've got to give the lender an assurance that they will get their money back.
thanked the writer.
Anonymous
Anonymous commented
I have an account but no job and i've been approved for a house from the city for 5000
Anonymous Profile
Anonymous answered
I would not think this was possible but no harm in trying because all they can do is not approve you but if you do find someone to give you a loan let me know.
Anonymous Profile
Anonymous answered
I am afraid that is not possible. They need proof you have a job in order to pay back your loan. You can put your title to your car or home if you really need the money.
Adrian Masters Profile
Adrian Masters answered
Fantasy land. Seriously though you can try those car title loan people. But be warned, if you borrow $500 you will pay back $1,500 or you will loose your car. These people are very serious!!
Anonymous Profile
Anonymous answered
I hope thats possible! I really need it now to help me pay for my ged testing online so I can attend medical school asap.

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