Cheap personal loans for unemployed people

If you’re not working then the personal finance market can seem like a tough place to be. Many lenders will specify that they are looking for a borrower with an income in order to be able to lend. Given that new industry rules require the personal finance sector to ensure that short-term loans in particular are not extended to anyone who doesn’t have the ability to pay them off, it is often assumed that anyone without a job is simply excluded. However, this is not the case as there is a range of options when it comes to cheap personal loans for the unemployed in the UK. Other types of income Whatever the reason that you may not be working whether that’s because you’re retired, you’re taking care of children or you’ve been unable to find your next role you’re not necessarily excluded from being able to obtain credit. There are a large number of lenders who are happy to offer cheap personal loans to someone who is unemployed, as long as you have some other type of income.
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