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Yes. You are able to get a payday loan if you do not have a job. To be eligible for a loan in the US it is a requirement to have a regular source of income. Therefore for customers who are unemployed, lenders are able to consider other forms of income such as benefit payments.

When applying with Harpsey, you must have a stable income of $800 or more to be eligible for being matched with our pool of lenders. This is in place so lenders can be confident that your income is enough to meet the repayments of the loan you request. 

You do not need to be employed, but you must have a regular income.


What Are The Other Requirements To Be Eligible For a Payday Loan?


In the US, there are a few simple requirements that you must meet in order to be eligible for a payday loan. Make sure to check you fit the following before beginning your application to avoid any disappointment. 

  • You must be a citizen of the US
  • You must be over 18 years of age
  • You must have a regular income of minimum $800 per month (from employment, benefits or some other source of steady income)
  • You must have a live checking account for your loan to be deposited into

If you meet the above criteria, begin your application today from your phone, tablet or laptop, wherever you are located, and you could have access to funds in your account within one business day. 


What Should I Consider If I Am Unemployed Before Getting a Payday Loan?


The main consideration to make is that you are able to meet the repayment terms of your loan. Failing to meet a repayment for your loan can have serious consequences for your credit rating and your ability to take out future loans. 

Payday loans should only be used for emergency payments such as unexpected medical bills or unforseen housing repairs. Explore if there are other ways you could borrow to cover your urgent costs, such as from family or friends. 

Consider how much you can afford to repay. Borrowing too much, particularly if you are relying on benefit payments, could mean you will struggle to make it to the end of the month. 

loan with no job

If I Am On Benefits Can I Get a Payday Loan?


Yes – if you receive benefits as a regular source of income you can receive a payday loan. With Harpsey, you can fill in our simple online form today if you receive a minimum of $800 per month. 

Therefore being unemployed should not prevent you from applying . Furthermore, there is no difference in loans for customers who are receiving benefits to loans for those with regular employment. 

More information on benefit support in the US is available here


Will I Need a Cosigner For My Payday Loan If I Am Unemployed?


No. Harpsey does not require you to have a cosigner on your application form for a payday loan. As long as you meet the requirement of having a steady income of $800 or more per month, we will work to match you with a lender most likely to approve your application. 


Am I Able To Get a Guaranteed Loan If I Am Unemployed?


Although we cannot fully guarantee that you will be able to secure a loan, we will work our hardest to find the lender most likely to approve your application and who fits your requirements. If you are unemployed, your application will be reviewed equally to those who are in full time employment. 

Do not let worries of your credit history be a barrier from applying for the financial help you need. Harpsey works with lenders who specialize in customers who have bad credit or even no credit at all. Our partners can also consider loans with no credit checks.


How Fast Can I Get a Payday Loan With Harpsey?


At Harpsey, we understand that if you are seeking a payday loan, there is likely to be some urgency and you will need money now. With our fully online application process, our application takes only five minutes before you get an instant decision on your screen. We have removed the time consuming process of going out and searching lenders in your area and filling out paperwork. 

Harpsey works to match you with qualified and reputable lenders with the most competitive rates. If you choose to accept the offer, you could have access to $100 up to $35,000 in your live checking account the very same day or by the next working day. A payday loan could be the solution to getting your finances back on track.