Emergency loans with no job

If you're seeking a loan without a source of income, such as emergency loans with no job or unemployment loans with no job verification, it is possible. However, obtaining an unsecured loan without proof of income may not be the wisest decision if you lack any form of income. Still, if you urgently require funds and need the money now, loans without income and quick loans for unemployed could be your only solution in a challenging situation. Find out more about solutions such as same day loans without proof of income that may be available for you.

Cash loans without proof of income

You have no income but need money now? The most obvious path for cash loans without proof of income is to ask friends and family, but in the US more options may be available to you, such as ZippyLoan and PersonalLoans.com for cash as soon as the next business day, while online payday loan companies as well as unsecured loan companies are also available in Australia and the UK if you are looking for loans with no credit check and no employment verification.

If you're struggling to pay rent, there may be better options than credit, see Low Income Housing Help (only in the US).

Personal loan with no income verification

It's also possible to opt for personal loans without proof of income. Check with companies such as PersonalLoans.com or ZippyLoan, where you can start the process online. You enter your personal information, possible proof of income you have (or not), how much money you need for how much time (this could be one business day) and the website will match you with someone who is willing to lend money to you in the personal loan network. Annual percentage rates are roughly between 6 and 36 percent.

Some Personal Loan Options

Lender Amount Type Cost Action
Vivaloans $100 to $15,000 Payday Loans & Personal Loans APR Apply
Personal Loans.com $500 to $35,000 Personal Loans up to 35.99% APR Apply
Bad credit loans $500 - $5000 Personal Loans 5.99% to 35.99% Apply
Loan Pioneer $100 - $5000 Personal loans & Payday Loans APR Apply
CashAdvance.com $100 - $1000 Payday Loans 200% to 2,290% Apply

Getting a personal loan without income: is it possible?

Getting a personal loan without income proof is possible, and this is your "how to get a loan with no income" guide. There are lenders that will consider your application from you even If you do not have income currently, or if you are in a "need cash now no job" situation. For more information about Emergency Loans With No Job or Emergency Cash Loans for Unemployed, check out emergency loans.

If you would want to apply for a loan without income you are often required to provide a form of income or a collateral. Though in some cases not. Examples of loans that you can apply for without income include Pawn Shop Loans, some payday loans, in-store loans, loans from friends through various apps and even bitcoin loans.

How to get a loan with no job: the basics

Loans without income proof

    How to get a loan with no job: this is how it is done.

    There are a few options that are attractive and smart that should be considered before you take a short-term loan without income proof.

  • Try for a JOINT application. All you need is to talk to a friend, partner, or spouse about your situation and start the process as two people. The entire loan will be on your name. The other person will be the cosigner and thus will share the responsibility for the loan's repayment. This cosigner option is also used often for personal loans with bad credit.
  • Taking a LEGAL loan from a friend (with a simple notarized personal loan agreement). Go to this link and create your own contract. Then take it to a notary and you are done.
  • See the advice on our "I need money now" page. There are valuable tips regarding alternative ways of making a living that have been collected over many years and via many knowledgeable financially independent people.
  • Find a good pawnbroker which is a form of loan with no job required. If you have anything that has any value, you could bring this to a pawn shop online or close to where you live. Pawn shops are really everywhere to be found. The great thing about these shops is that the risk you run is much lower than with regular loans. This is because you can't really make more debts. Here is how it works: you bring something that's yours and leave it behind in the shop. As an exchange, you receive a loan. Bring back the loan including the extra cost and you get back your stuff. Are you unable to give back the money in time, then what was yours will be sold.
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    What you need to pay attention to and be careful about

    It is paramount that you are aware of the risks of taking any type of unsecured personal loan such as a prepaid debit card loan, payday loan, title loan or any of these. At best, they are toxic and therefore need to be taken seriously and treated with care.

    Please consider anything else apart from such loans, and only sign on the dotted line if you absolutely have no other option. What makes these dangerous propositions?

  • Companies that give out loans without income proof will take over your paycheck and your account. It means they will control your financial life.
  • Interest rates can reach 1000% a year and beyond if you roll over. Imagine taking out 100 dollars and having to pay $1000!
  • You will have to really close attention to fees, and that can be time-consuming and tiring.

  • Where you can apply for loans with no job required

  • Loans with no job verification may be available for you through PersonalLoans.com or ZippyLoan, where you might be able to get a loan without a job or income verification.
  • Get a car title loan. Companies such as Check Into Cash will loan you money if you have a car in your name. It is not too difficult to get approved, and you don't need a job. However, you will still be required to have some form of income proof such as unemployment, Social Security, worker’s compensation, alimony, annuity payments, court settlements, a regular deposit from investments, inheritance in cash or property, severance pay, etc.
  • Consider these unsecured loan providers.

  • Loans with no bank account: it is possible to get one, too.

    if you are one of the millions of Americans that do not have a bank account, you can still get a loan. here is how..

How to get a loan without income proof: a safety notice

You will be required to have some ability to repay even with loans that require no job or income proof, and this could mean having assets, proof of welfare payments, self-employment income or any other form of regular incoming payment. Some companies accept unemployment, social security, worker’s compensation, alimony, annuity payments, court settlements, a regular deposit from investments, inheritance in cash or property, severance pay, etc. Some alternatives to find loans with no job required and these are covered below. They are RISKY. Consider yourself warned.

Loans without income proof

    Loans with no job required: here are some options

    These are companies that could approve your application even if you don't have a job at the moment. There are many variables, such as municipal and state laws, that makes it impractical to point which one will provide you with a loan in your area.

    Lender Amount Type Cost Action
    Vivaloans $100 to $15,000 Payday Loans & Personal Loans APR Apply
    Personal Loans.com $500 to $35,000 Personal Loans up to 35.99% APR Apply
    Bad credit loans $500 - $5000 Personal Loans 5.99% to 35.99% Apply
    Loan Pioneer $100 - $5000 Personal loans & Payday Loans APR Apply
    CashAdvance.com $100 - $1000 Payday Loans 200% to 2,290% Apply

Loans without income proof

    Credit card without income proof

    One way to get a loan quickly is to get a credit card without credit checks. With Horizon Gold Card you can get a card with a $500 limit, guaranteed Approval, no credit or employment check. Be aware of the interest rates and additional costs involved around this as it can easily become a problem down the line. You will still need to meet various criteria:

  • Earn regular income. You don't have to have a job, but you have to have something coming in.
  • Your credit. Having somewhat of a positive credit history increases your chances of being approved for a loan without income proof.
  • If you have equity in a property, a paid off car or a boat, you increase your chances to be approved.
  • You cannot be a member of the military. The government prohibits members of the military to acquiring short term personal loans.

Loans without income proof

    Social banks

    Besides friends and family, there are so-called social banks, also known as ethical banks, sustainable banks and so on. They are available in many countries, as you can see on this list. If you have this possibility, go for it. Social banks look at your personal situation and sometimes allow borrowing money to buy new things, such as a washing machine, a TV or furniture.

    Social banks located in the United States

  • Urban Partnership Bank, located in Chicago
  • RSF Social Finance, located in San Francisco
  • New Resource Bank, San Francisco
  • City First Bank, Washington, DC
  • Spring Bank, New York
  • Beneficial State Bank, with locations in Sacramento, East LA, North Hollywood, Fresno, Bakersfield, Santa Rosa, Porterville, and Visalia, as well as Portland, OR and Seattle, WA.

    Bitcoin loan without verification

    A bitcoin loan could also be a good alternative. You can even get free Bitcoin online. Some companies also provide quick bitcoin loans without verification and this page talks about it.

    Get a bitcoin loan: here are some options.

  • BTCpop.co
    This is a well known online marketplace to apply for loans in Bitcoin, offering instant Loans, investment pools and collateral loans.
  • Nebeus.com
    Another P2P bitcoin loan place. You can get a loan right from your phone. They have a bitcoin wallet and exchange and a well-designed interface that is liked by users.
  • bitbond.com
    Here you can get small business loans in Bitcoin, available in many countries around the world. It is not that easy, but it is a highly credible bitcoin loan institution.

Loans without income proof

Cheap loan without income: borrow from a friend

To borrow money from friends may really be one of the cheapest loans you can possibly get, especially if you choose to borrow from friends or family. It's very important to make clear agreements about how you will pay off your debts, e.g. the time and the amounts. You don't want your friendships to suffer or that a loan will lead to a fight.

I, personally, have been in a situation without income when I suddenly needed money. I didn't have any income and no money, so suddenly I had to change my situation when the rent had to be paid and a baby was on its way. I needed a new source of income, started my own business, but I needed time to bridge the period in between. I already had some work, but not enough income yet.  
So I decided to borrow extra money from a friend. I knew the period was going to be short, so I took the risk of borrowing money without income. I was several months late with my rent and a credit collection agency was on my tail. Thankfully, I had a friend who was willing to lend me a hand.

Of course, there may be some risks involved of borrowing from friends. You may even lose your friendship if you don't pay back your loan. Therefore, it is important to follow a few rules:

  • Put your agreements down on paper. If you can't make a specific commitment, don't wait to talk about it. Often there's understanding of your situation, and it's possible to adapt made agreements such these which are free to download.
  • Notarize the loan agreement and make it official. You must take responsibility for your debt and handle it with even more care. You don't want to ruin a friendship.

A golden tip is to set clear agreements ahead and put these down on paper. Every time you pay off a part of your debt it's important to both register this on paper. Create a schedule for redemption payments and every time a part of the debt is paid back you can both put your initials.

Loans without income proof

    Borrowing money and debt

    If you're in debt, you should stay in control. But don't avoid it. Debt can quickly increase, and before you know it, you think you should borrow more to pay off debt. Don't panic, and things will be alright. Here are some tips for you:

  • Visit your local credit union. These are wonderful financial institutions that have your back and tend to be much more flexible.
  • Check out some more tips on Moneyless.org and find out about how you can live well without money!
  • Look at this report by John Oliver on Last Week Tonight on what is called "predatory lending". This is a fair warning!

Cash loans for unemployed no bank account

Let's talk about loans for the unemployed, including loans for the unemployed with no income. Few banks offer loans for unemployed people with no income. If you are unemployed and need a cash loan, be sure to also check out this page with information about quick loans for unemployed. However, if the problem is the lack of a bank account, we also have additional information on how to get a loan for unemployed without a bank account, especially if you need to borrow money fast, but you are unemployed.

Further reading

Can you get a loan without a job?

Can you get a loan without a job? If we are talking about taking a loan with a bank, then the answer is yes: you do not have to have a job that provides you a regular paycheck. With that said, you need to either have a source of income of some kind, some collateral such as your car, or another person that will cosign the loan for you. These are the only realistic alternatives to get a loan without a job.

Emergency Loans

Emergency loans are available for many different situations. We discovered emergency cash loans for unemployed people as well as bad credit emergency personal loans. Depending on your situation you may find the information that we gathered useful for your case. Especially if you find yourself in the situation of I need money now emergency then investigate the options available for you and choose wisely.

Cheap Personal Loans without income proof

Cheap loans, cheap equity loans, cheap home equity loans, cheap mortgage loans and cheap student loans without a cosigner are available online as well as through various financial institutions in every main street in the USA, UK and Australia. Similar offers for fast cheap loans can also be found via online vendors, including cheap payday loans online and cheap refinance loans online. Remember that what seems cheap at a first glance could become too expensive for you to carry in the future.

Car loans

It is more and more common for people to buy a car on credit. You see more and more ads for cars and the cost per month. But is it really a good choice to borrow money to purchase a car? And which loans are available?