Apply for a Payday Loan

Representative example: APR 407.39%. If borrowed $1000 for 62 days, interest $692. Total amount repayable $1692. Interest rates: Maximum nominal APR of $1000: 407.39%. Rates from 278% to 1576% (3 – 12 month repayment)

Can I Qualify for a Payday Loan if Not Employed?

It can be difficult when you're facing a financial crisis and are unemployed. The question arises -- can you borrow if you are unemployed? This type of funding refers to someone "employed", as they repay their loan from money earned on their payday. However, there are other circumstances where you could qualify to borrow, even if you don't have a job. To be certain, lenders will need assurance that you can afford to repay it. If you are not employed, there are a few more circumstances where you could qualifyn. An example of this would be if you are receiving loans for beneficiaries.

Loans for People with No Job

If you need an emergency loan for unemployed and do not know where to turn for cash to get you through to your next pay cheque, and if your credit is poor, consider submitting your application with us. You can apply for amounts ranging between $100 and $1000. Following are hypothetical amounts you could qualify for.

Loans for UnemployedAmount
Payday Advance for Unemployed$100
Unsecured Loans for Unemployed$200
Loans for No Job NZ$300
Same Day Loan$400
Guaranteed Approval NZ$500
Quick Loans for Unemployed$600
No Credit Check$700
Unsecured Loans$800
No Security Loans$900
Fast Loans$1000

Every situation people find themselves in when needing a payday loan is different. There are variables which differ between applicants. Some things which are different include whether you receive any kind of benefits, whether you have a good credit score, how long you have been unemployed and whether you anticipate being employed again soon. We submit your application to many different loan companies, and some have different criteria as to what types of people they will lend to.

Generally speaking, if you have bad credit, no benefits and are not employed, chances are you will not qualify for a loan. Your chances greatly increase if any of those aspects improve. Keep in mind that it is completely free to submit your application, so we encourage you to submit your application and we will pass it along to many lending companies to find the best deal for you.

Following is more information on things to consider if you are wanting to borrow short term:

  • Payday Loans for Benefits

    It is possible to borrow, even if you have no job, if you are a recipient of benefits. There are many types of income in the form of benefits. There are approximately 59 different types of government benefits, many of which would assist you in obtaining a payday loan.

    Other types of benefits would include things such as settlement from a court case, structured payments from a will, and any other type of consistent income from government benefits or other types of income (other than employment). If you receive any of this type of income, and need an emergency loan, consider applying today.

  • Payday Loans for Unemployed with Excellent Credit

    Some of our lenders have payday loans with no credit checks, others do. If you have excellent credit and are in need of funds, apply to see whether you qualify for a loan. While not guaranteed, it is possible you could borrow when unemployed if you have good credit.

  • Unsecured Loans

    People who have bad credit, receive no benefits and are without job have the most difficult challenge in getting a loan for unemployed. If you have found yourself in this situation and are still in need of a loan, consider getting a secured loan. Secured are where you put up collateral, such as a vehicle or home, in order to secure to lender that you will repay your loan. This is something consider if you need an emergency loan. Another term for this type of lending is "logbook loan", because lenders will send you a log book with the number of payments you have remaining before your funding is resolved. One good thing about this type of funding is that you get better interest rates and can borrow larger amounts of money.

How to Apply Without a Job

It is free to apply, and it only takes a few moments of your time to submit an application for a guaranteed quick decision. Payday Today has helped thousands of people in an emergency situation receive quick loans. Submit your application with us today!

Representative example: APR 407.39%. If borrowed $1000 for 62 days, interest $692. Total amount repayable $1692. Interest rates: Maximum nominal APR of $1000: 407.39%. Rates from 278% to 1576% (3 – 12 month repayment)

Warning: Late repayment can cause you serious money problems. For Help and Advice with money trouble, visit http://www.familybudgeting.org.nz