Unemployed loans

Roverthehill

Has anyone any good advice/info on getting a loan while unemployed?

Fonz_2

How would you pay it back?

samhuzz

Roverthehill wrote: »

Has anyone any good advice/info on getting a loan while unemployed?

Only places I can think of are Shopacheck, Provident and the like, but they only lend up to about £500 quid and the interest is astronomical! My mum works for one of them.

Roverthehill

Savings etc till back at work

DizzleUK

If you have savings why do you need a loan? (Obviously you want more money than you have saved lol).

Anyhoo, as mentioned, the only loans available to you as unemployed is something like a Provident loan, as they don't actually credit check you. The amounts are small in comparison to what you can get from a "normal" lender. Yes, their interest rate is high, but on the plus side, they don't add charges or extra sums if you fall behind on your payments. What you owe at the start of the loan is what you owe, not a penny more.

If, however, you can prove you have an income (pension etc) other than a wage, you might be considered for a loan elsewhere.

If all you're getting is £65 a week JSA you're basically pi$$ing in the wind.

Emmzi

credit union