Where to find a loan when unemployed

Where to find a loan when unemployed

  • Disability and Social Security benefits.
  • Investment income.
  • Rental property income.
  • Retirement income.
  • Child support.
  • Alimony.
  • Self-employment income.

With even a little bit of reliable income from an unconventional source, you could have a better chance of obtaining a loan.

If you are unemployed, searching for the right lender will be a little different than normal. You’ll need to seek out a lender that is willing to work with your income or lack thereof.

Monevo is a free platform that will allow you to shop for a personal loan quickly. After entering your information, you’ll find offers from multiple personal loan providers in one place. As a part of the initial questionnaire, Monevo will ask you about your annual income. With that, they can help you narrow your search to lenders that can work with your level of income.

You won’t have to impact your credit score when you fill out a questionnaire with Monevo. But the platform will search through more than 30 top lenders in under a minute. That should help you find the loan you need with a lender that is willing to work with you.

How do you qualify for a loan if you don’t have an income?Continue reading