Q&A: Does anyone know where to get an installment loan if you’re receiving Unemployment benefits?
Question by 2NewHips: Does anyone know where to get an installment loan if you’re receiving Unemployment benefits?
I am currently out of work and in desperate need of a loan. I’d like an installment loan that I can pay back over time because I’m receiving unemployment benefits and money is really tight.
Best answer:
Answer by Satisfied Mind
I’m not entirely sure you can get a loan when your not working, at least not from anywhere legitimate. I am sure, however, that it is not a good idea to put yourself in a deeper hole.
Give your answer to this question below!
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No way…….would you loan money to someone who is not working……and no way to pay it back………not………..
Report all spammers………like the one who did not answer your question…..I’ll start.
No where. Loans are different now then before.
No job, no loan. Personal loans are extremely hard to come by these days. You need amazingly high scores, high income in a long-standing and secure job, plus a long track record with the bank — your banker needs to know you very well.
You need a job and income, and you need to slash your living expenses. Pay off all your existing debt, and do not borrow anything anywhere. If you do not pay off all your debt, remain debt free, generate a good income and have very solid savings, you are not going to survive this depression. Get a grip — on your wallet.
And note your unemployment benes are extremely vulnerable since so many states’ UI funds are drying up, tax revenues are drying up, and you cannot count on getting any sort of social services anymore. There is no money except what you earn now.
please tell us,who in their right mind would lend someone money who is not working….please we want to know….