Are you out of work and claiming Jobseeker's Allowance? Being unemployed and relying on benefits can be a challenge, especially when you get unexpected expenses. But if you're looking for an unemployed loan, and you're confident that you'll be able to make loan repayments, there are a number of lenders out there for you. In this section, you can use the comparison table to see your options, or read more about lenders with in-depth information and reviews in our product catalogue.
What's an unemployed loan?
After noticing that many of our customers were searching for 'unemployed loans', we put together a comparison table for them. There aren't any specialist unemployment lenders and you won't usually see these products described as 'unemployed loans' elsewhere. But these lenders have said they'll consider applicants in part-time employment or out of work.
How to choose unemployed loans wisely
If you're unemployed and looking for a loan, the best place to start is our unemployed loans comparison table, where you can see lenders side by side. Another good place to go is the simple and easy Choose Wisely Eligibility Checker, which will identify suitable lenders for you. It's important to check that a lender will accept you before applying, as getting declined for a loan will impact your credit rating. Lenders' acceptance criteria are listed on their product catalogue page, where you can also find customer reviews.