Getting hit by an unexpected expense or emergency when you’re already unemployed can feel like the universe kicking you when you’re down. If you’ve already been unemployed for a while before being hit by an emergency, then you’ve probably already had to dip into your savings, which means money is tight. And worse, without a job most places won’t loan you any money.
So what do you do? One option you may not have considered is a payday loan. It may seem counterintuitive (how do you get a payday loan without a payday?), but not all payday loans require you to be employed. This makes them a strong option if you’re unemployed and need fast cash.
Usually, a payday loan is a short-term loan that you pledge to pay back as soon as your next paycheck comes in. So how does that work if you’re out of a job? It works because a paycheck isn’t the only form of income you can receive.
Other forms of income payday stores will often allow you to secure a loan with include social security, pension, and unemployment benefits. So long as it’s a legitimate form of steady income, many companies will accept it as a valid basis for issuing you a payday loan.
Just because a paycheck is the most common form of income doesn’t mean it’s the only form, and doesn’t mean that if you don’t have one all your options for getting a loan are gone.
To get a payday loan while unemployed you’ll need to bring the same items you would when getting one while employed: a driver’s license or other form of government issued I.D., a blank check from an active checking account in your name, and some form of proof of income.
At Texas Car Title and Payday Loan Services Inc. they’re committed to helping you get the emergency cash you need, regardless of your employment status. They offer a variety of borrowing options, including payday loans, title loans, and signature installment loans. All three are convenient short-term loans that could put emergency cash in your hand by the end of a day.
Speed is key when it comes to getting a payday loan, and at Texas Car Title and Payday Loan Services Inc. they understand that. One question many people have when they need cash in a hurry is, “where can I get a payday loan near me?” To that end, they’ve made the process of finding a licensed vendor near you fast and easy with their easy online request form.
It’s simple and fast and won’t take you more than a few minutes to complete. After you submit it, a representative from the location you select will get back to you promptly to help you through the process of getting the cash you need. Life is hard enough when you are between jobs, so don’t be afraid to reach out for the extra help you need getting back on your feet.