Can You Get a Payday Loan When Your Job Status Says Unemployed?
Depends, payday loans are usually ONLY available for people who are employed. Even though you may be getting unemployment subsidiaries from
your state, they are not considered income and therefore cannot be approved for a payday loan. However, some lenders may be willing to grant
you a cash advance.
Currently CitiFinacial and PLS Loan Stores, offer cash advances on unemployment benefit checks, some other online payday lenders may also be
willing to fund you the money. If you are looking for a cash advance online, make sure to visit a multiple-lender payday loan
website that can shop lenders for you cutting down you research time.
However, instead of getting a cash advance, it is best to contact your local Department of Labor
for tips and advice on how to speed up the unemployment benefits process. Generally, it is always best to file online as opposed to in person
for unemployment benefits. And always apply ASAP, because unemployment claims are high and currently there is a longer waiting period, from the
day you lose your job to the actual day you receive unemployment funds.
In the meantime, it may be best to apply for a credit card to advance you the funds you may need immediately. OR you can always sell or
pawn some of you items, to get you through the waiting period until your unemployment benefits are granted.
Read more about getting payday loan funds