Did you even expect this? Did you prepare yourself for this? Did you know how pathetic it can make your financial situation? Yes, the unemployment. Just look at it, how disgraceful it looks in your employment status. Biggest worry is, your money mess becomes monstrous with every passing day and a practical solution is the only need of the hour. ExtraMile Finance can help you here with loans for unemployed according to your need of money and capacity to repay the loan.
The job loss is a duration of uncertainty and may be you have your savings but how long can they last? As an alternative, friends and family can also become last minute rescuers. However, both of these may not stay as a strong support for long. In that case, why not manage things on your own?
Few reasons on why unemployed loans :-
We specialise in a wide range of personalised deals on the short term loans for unemployed in UK. Some of these are explained here:
People on benefits can borrow – We also have unemployed loans for people on benefits. You may have encountered experience where your loan application was rejected due to living on benefits. But this is certainly not the case with us.
Unsecured loans: Our deals also consist of unsecured funding where no collateral is required and availing the funds become lot easier. The unemployed people can find these funding sources very useful by considering the no risk factor.
Doorstep Loans: Under unemployed loans, the funding access is given at the home of the borrowers. In fact, ExtraMile Finance brings a specialised deal on them, which is available as the doorstep loans to your door for unemployed people.
Our efforts are to offer you the maximum possible amount. Here also we have a range of choice to offer just like the tenure. £500, £1000 and maximum £5000. Just like tenure, your affordability decides the amount that you can qualify for.
The rate quote we offer is never intimidating and it is decided according to your financial capacity to repay a loan. The deal is tailored according to your ability to pay back. We know, hefty instalments can create a big mess in your already pathetic financial situation. The repayments always fit to your pockets.
Unemployed loans are short-term and such loans are never backed by guarantor or collateral. Just show us that your current situation in finances is such that you can afford the loan and then you can get a right amount. By the way, do not worry about the interest rates due to the absence of the obligation. They never go high. Personalisation feature is always there to calm down the rates.
Guaranteed approval – If you want to provide a guarantor on your choice
This denotes that you get an assured approval on the loan. We get applications from some fund seekers who can afford to provide a guarantor. If you are among them and have this backing then assured approval is sure to come. To get this, search us with the guaranteed loans for unemployed and we are sure to appear on the internet.
Fair credit score, bad credit score – we are OK for all
We do understand that after job loss your finances become prone to vicissitudes of credit score performance issues. Excellent may become good, good may become fair and fair may become bad due to pending obligations in the absence of regular income. But you are accepted in all these situations and people on benefits are also part of this.
Perhaps this time there is no need to make you recall the reason behind this. Yes! The repay capacity factor wins here too. Just perform good on this aspect and you are good to go for the loans on benefits with bad credit. By the ways, this is equally applicable in case you are self-employed after job loss.
Income that we consider in your repayment capacity
There are certain things that you can present to prove that you have the adequate efficiency to pay back the loan. Following points can help you.
Note – For people on benefits we have more things of offer in the form of our loans for bad credit with no guarantor on benefits. Apply with no stress and we are determined to clean the mess from your financial life.
ExtraMile Finance is destined to work for the well-being of its borrowers. We transform your trust into lucrative and practical financial solutions. Why not try it on your own?
You can borrow minimum £500 to maximum £5000. However, the prime reason is your affordability against a loan amount. You get what you can pay back. Just show all the possible sources of income after job loss and get the amount you want.
Yes despite bad credit you can apply and best thing is that it is better if your bad credit rating is inconsistent. This helps to get more relaxation in rates with customisation.
Yes, you can be accepted but you just need to find the lender precisely with the phrase ‘no credit check loans for unemployed’. Such loans do not leave any search footprint on your credit score status and borrowing funds become easy.
Of course you can apply and avail funds even if you are self-employed. The lender just needs to see a repayment capacity, if that is there at the right place, approval comes easily. Whatever work or business you are doing, if it is giving your sufficient returns to afford the loan you have applied for, getting approval is not an issue.
For an urgent situation, you can apply for the payday loans for unemployed without any collateral and guarantor. No obligation means no time consuming formalities. The approval decision comes in only 30 seconds and fund disbursement in 10 minutes. This is surely fast.