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Many unemployed people are in dire need of money for various financial emergencies, and the reality is that the average jobless person cannot realistically obtain a low cost personal loan. Lenders need to know that borrowers have the means to pay them back. People without jobs might be tempted to apply for unsecured unemployed loans, but this might not always be the best option.
Problems with Loans for the Unemployed
According to Washington State’s Attorney General AG McKenna, many lenders advertising unsecured unemployed loans are fraudulent. Organizations offering quick loans for unemployed people often want nothing more than to take advantage of people who are both jobless and …
Read This Article →When you’re unemployed and you need a loan, the situation looks pretty hopeless. After all, who is going to give you money when you don’t have a job? It might really seem like no one in their right mind would want to take a chance on you paying back a loan when you’re out of work. Before you totally give up on the idea of finding quick loans for unemployed people, explore all your options. You might be surprised to learn that there are actually a few things you can do.
20 Minute Payday Loans
Payday loans are normally approved for most people in 20 minutes or less, but it …
Read This Article →Finding yourself suddenly jobless with a desperate need for quick cash is no doubt a pretty unpleasant situation. You may believe that getting a loan while you have no income to prove is impossible, but it’s not. Before you panic about your current situation, understand that emergency loans for unemployed people like yourself do exist. Here are a few things you can do to get money when you’re out of a job:
Take Your Valuables to a Pawn Shop
If you have anything valuable, a pawn shop will give you a short-term loan for something at least close to what your valuables are worth. You will have to pay back …
Read This Article →Unemployment presents a lot of problems. Having no salary and having no money to afford things is never pleasant. Being unemployed is a downright nightmare. There is always the lingering question of where to find money for basic necessities, such as food and electricity. A lot of people fear unemployment, and rightfully so. Unemployment is indeed a very difficult situation, as well as as a setback that individuals have to work through. There are loans for the unemployed available that people can apply for as they look for jobs. These loans can help people without jobs get by while they look for work.
Types of Loans for Unemployed Individuals
Before …
About The Editor
Maria Schubert is the editor of Instant-Loans.org. Originally from San Diego, Maria graduated from USC with a Bachelor's in Accounting, Certificate in Banking, and Certificate in Entreprenurship. Before joining our website, Maria spent time as a lender at a prominent Florida bank.In addition to working with our staff and contributing to Instant-Loans.org, Maria enjoys golfing, asian cuisine, thrifty shopping, the beach, and a great novel.