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Get Emergency Payday Loans For Unemployed On Benefits with DirectLoanTransfer
Getting laid off or struggling to find a job is difficult, especially if you have sudden emergency expenses. No matter how carefully you plan, there are always situations where you need extra cash. While it might be difficult to borrow money because you have no job, it is not impossible. Get the quick cash you need today with a loan for people with no jobs.

Can I Have Loans for Unemployed With Bad Credit?
Yes, you can get bad credit loans while unemployed, even if you have low credit scores. Some loan providers offer this feature to people with poor credit. However, be aware that these types of emergency loans have a high annual percentage rate (APR), increasing the loan costs. Therefore, you need to evaluate your financial capabilities first before getting loans for unemployed.
Can I Have Loans for Unemployed With No Credit Check?
Yes, you can. While DLT has several types of loans that look at your credit report, our lenders only utilize soft credit checks. Your credit history does not greatly impact your loan approval, as lenders rely on other requirements like proof of income and a bank account for approval.
Because loan providers take a risk to let you borrow money even with a very low credit score, they might charge higher interest rates. Some lenders might even require a guarantor or collateral.
Can I Get a Loan for Unemployed if I Just Started a New Job?
There are situations where a lender might consider your loan application if you have just started a new job. You can still avail of loans for unemployed people if you show proof of a pending job offer. Other possible situations that can help you secure unemployed payday loans are proof of an upcoming inheritance or sale of an investment or house.
Can I Have Loans for Unemployed With Instant Approval?
Yes. While it might not be instant, DirectLoanTransfer and the lenders in our network aim for quick approval of your loan application. We understand that you need the cash, so we do our best to give you the money you need ASAP.
Are Loans for Unemployed a Good Choice for Me?
Whether or not you will get loans for unemployed, unsecured personal loans, or credit card cash advance, it all depends on your financial circumstances. Remember that you will be taking a loan without a regular monthly income. To put things into perspective, here are some pros and cons of payday loans for unemployed.
Advantage | Disadvantage |
You have quick access to funds | Unemployed borrowers are given higher interest rates |
You can use this as a debt consolidation tool | Could increase your debt burden if you have other loans |
Usually has a fixed term and fixed interest rate | Could damage credit rating if you default on your repayment |
Why Get a Loan for Unemployed Through DLT?
Quick and Easy | Flexible Terms | Same Day Approval |
Your past will not impact your application. Receive your cash advance even with bad credit history. | Our lenders understand your financial situation and can give you repayment terms based on your capacity, | Our lenders generally approve loans within the same day. |
How Can I Get Emergency Loans for Unemployed?
Getting an emergency loan for the jobless will not take you more than 10 minutes to complete. Here are four easy steps how to do that:
- Get Your Personal Information Ready — This streamlines the application process.
- Go to the DLT Website — We do everything online, so you don’t have to leave the comfort of your home.
- Fill Out the Application — Provide basic personal and financial information.
- Submit Your Loan Application — Read the loan agreement carefully before signing it
Borrowing money without a proof of income is possible. While loan providers would like to know if you have a steady income, they are more interested in your credit score. You can find several short-term loans that do not need verifications, allowing those who are unemployed to avail of a cash loan.
Take note, however, that these types of loans could have high interest rates.
Most online personal loans for unemployed get processed fast, and you can receive confirmation within the same business day. Some of the lenders in the DLT network deposit the cash into your bank account within an hour after the approval of your application.
Generally, you can withdraw cash advances like this in 24 hours. There are some situations, however, where a loan approval takes three business days.
- Proof of address — includes utility bills, mortgage payments, etc.
- Credit score and history — lenders set different score requirements for each loan type
- Debt-to-income ratio — represents the portion of your income that goes to debt payments
- Valid ID
Since you don’t have a job, some lenders might require alternative income sources, such as disability income, Social Security benefits, child support, unemployment benefits, recurring interest in dividend payments, and more.
According to the Consumer Financial Protection Bureau (CFPB), most lenders require the following to get a personal loan when jobless:
- Must be at least 18 years old
- Must provide proof of regular income
- Must have an active checking account
- Must have a valid ID
In order for us to find the best match for you, we need as much information about you as possible. DLT has a network of lenders that have different loan offers for the unemployed. As a third-party loan service company, we match lenders and borrowers together.
Payday loans for the unemployed offer loan amounts between a few hundred dollars to a thousand. The amount you’ll receive depends on the risk assessment the lender conducted using the information you provided.
Banks need to know whether you have the capacity to pay back the money you will borrow. The credit checks will also show them how well you handle your finances and pay your debts. Furthermore, it gives them insight how much they will lend you and whether you are still capable of paying off another loan.
Lenders usually require borrowers to have an active checking account for two things—it’s where they will deposit the loan amount you borrowed and it’s where they’ll get the payment for your loan.
Not having a bank account will not totally disqualify you for a loan. Some alternatives to a bank account is a debit card to receive the money. Payment, on the other hand, can be done by check or electronic wire transfer.
Lenders will send you either a text message or an email. The confirmation usually happens within the same business day.
To ensure your loan application impresses the loan provider, here are a few things you can do:
- Improve your credit score — That means pay any existing loans on time and do not apply for too much new credit. >
- Lower the loan amount you are borrowing and opt for a shorter loan term — Since you are unemployed, the lender might have second thoughts giving you a larger loan amount. >
- Opt for shorter loan terms — It will help establish trust between you and the creditor. >
- Get a co-signer — Ask someone with a better credit and higher income to cosign for you. >
- Get a home equity line of credit — It allows you to borrow a portion of your equity and repay it with interest. Be careful, though, because if you default on your payment, you can lose your house. >
Loans for unemployed give you access to fast cash not seen in bank loans. An unsecured loan or secured loan like this takes only a few hours to get your cash. Although some lenders perform soft credit checks, they do not have hard credit inquiries like the bank, so the chances of getting approved is higher.
Most of all, you get your money within a few hours.
The best way to find that out is to visit the Payday Loan Locator. Simply provide your ZIP code and city, and DLT will find the best online loans for unemployed people in your area. After that, choose which one fits your needs. Please take note that DLT is not a direct lender but a third-party loan service.
If you didn’t get approved for a loan for no jobs, here are some alternatives to help you get the money for your financial needs:
- Cash advance — Some credit cards have features that allow you to get cash from your credit card
- Car title loan — Use your car as a collateral in exchange for cash
- Pawn title loans — Use valuable items as collateral in exchange of cash
A prepayment penalty is a fee imposed if you pay off your loan earlier than expected. While payday loans generally do not have a penalty on early repayment, some loan providers include it in their terms. To find out whether your no job loan has one, read the loan agreement first or ask the lender before signing the contract.
There are several methods of how you can pay back your loan. The most common is allowing the lender to deduct your repayment from your bank. Another is paying via electronic wire transfer or by check. Make sure that you pay on time because some creditors issue a finance charge for the delay or extension of your credit.