Easy Loan for Unemployed Updated on August 2022
Pautang para sa walang trabaho? Mahirap talaga pag walang regular na trabaho.
Looking for a new job these days is quite tough and requires money. Whether you want to find a new regular job or a work-from-home job, there will always be a reason why limited cash can get in the way.
Most of the time, you will need to get an NBI clearance before applying to a company. You’ll also need cash for your transportation when going to interviews. If you decide to work as a freelancer at home, you will also need a stable internet connection and a laptop.
On the other hand, if you are a housewife of a seaman and your kids get sick, it will not be easy to find additional cash when your allotment is still two weeks away.
Thus, Filipinos definitely need an easy loan for unemployed individuals.
Credit: https://www.dotproperty.com.ph/blog/13-month-pay
But the question is:
Philippine Statistics Authority estimates the unemployment rate at 10 percent as of July 2020.
Technically, the unemployed are all people 15 years old without work but currently looking for a job or available to work but choose not to look for a job yet for various reasons.
Unemployed Filipinos may include:
Though they are from different walks of life, they all do not have their own income source. This makes getting a loan more difficult during financial difficulties.
Banks and traditional lenders will decline loan applications if you are not employed with permanent status.
Understandably, lenders mostly give people a monthly salary loan, which they can use to pay their debt on time.
Luckily, times have changed. Online lenders now approve personal loans for unemployed like housewives, students, fresh graduates, and even senior citizens.
Even those who do not have a permanent job can now get a personal loan to pay for tuition fees, hospital bills, home repairs, maintenance medications, utility bills, job requirements, or housing rent.
Saan nga ba pwede mangutang?
Where I can borrow money with no job?
Understandably, lenders will require their borrowers to have a regular monthly salary. This ensured that the loan would be paid on time. But this does not mean there is no easy loan for unemployed. Still, they can be eligible for a cash loan.
According to the latest Bangko Sentral ng Pilipinas (BSP) survey, only 29 percent of the population have bank accounts.
This means 51.2 million Filipino adults do not have a bank account, and most admit they do not have enough money to open one. If you have no bank account yet and are unemployed, you can still borrow cash differently.
Borrowing from family and friends is not new in our culture. When we need emergency cash loans for unemployed, we go to our neighbors and relatives to borrow cash from them. Not surprising. If you consider, our culture has always been family-centered.
Pawnshops have been around for decades. A lot of pawnshops also eventually became remittance centers. Also, you can find them on almost every street in major cities.
Even the unemployed Filipinos need easy cash loans for emergency needs and necessities. It is quite a relief to get extra cash when you need it the most.
Tanggal sa trabaho?
Losing a job all of a sudden is a real pain. Nobody wants that, but we should accept that things are beyond human control. And Coronavirus is one of those.
If you’re a family breadwinner, sustaining your daily needs would be your biggest struggle once you don’t have a regular job. Good thing there’s an SSS Unemployment Benefit or Insurance.
SSS unemployment insurance is not a loan. It is a cash benefit given to SSS members who suddenly got laid off or terminated. You would not be eligible if you resigned from work since this is only for those involuntarily separated from employment.
It would be best to have at least 36 months’ worth of contributions, and your last 12 months of contributions should have been remitted within 18 months before your involuntary unemployment. You must be an active SSS member to get this SSS unemployment benefit.
You can receive up to 50% of your average monthly salary but not more than P10,000. Also, you can get this benefit for two months, which could be enough to find a new job.
If not employed but get a regular monthly remittance from your spouse, children, or parents, you can apply for an OFW or Seafarer allottee loan.
Cash Mart offers easy loans with no job. It helps housewives, college students, and senior citizens get much-needed extra cash.
If you are an OFW allottee, you have to sign up on Cash Mart‘s website and upload the following requirements :
If you are a seafarer’s allottee, here are the requirements to upload.
Another way to get an easy loan for unemployed is to ask your loved one to get a loan.
Your employed spouse, children, or parents can get a loan and receive the cash within the day.
All they need are the following:
Credit: https://www.forbes.com/advisor/in/personal-loans/basics-of-a-personal-loan/
Saan pwede umutang ng mabilis?
Gone are how you have to wait days to get your loan.
Thanks to ever-advancing technology! Filipinos can now apply for and get loans online. You must visit the website, sign up, provide the required documents, and have the money transferred to your bank account within the day.
Even if you are unemployed, you can still get a lot of benefits from cash loans, such as:
Are you wondering how to get a money loan with no job? You can get the best financial assistance from a licensed moneylending company. It offers an easy loan for unemployed, so you’ll surely get the quick cash you need. But never forget your obligation to repay on time.
