Unemployed loans

Try our Smart Search to find your chance of acceptance
Advanced Filters
Employment status
Residential status
Pay frequency
Show me
Showing providers for £300 over 3 months Shortlisted results
Sort by:
Generating your results

Our chance of acceptance rating is intended to help point your search in the right direction.
A positive rating does not guarantee that your application will be accepted. Approval of any application is solely at the discretion of the provider.

The maximum APR from the loans above is Representative 1575% APR. Maximum term available is 12 months and minimum term available is 3 months.
Default fees of up to £15 may apply to certain loans.

Representative 1575% APR. Representative Example: If you borrow £400 over 26 weeks at a Representative rate of 1,575% APR and an annual interest rate of 183.00% (fixed), you would pay 26 weekly payments of £29.46. The total charge for credit will be £365.96 and the total amount payable will be £765.96.

Unemployed loans

Getting a loan when you’re unemployed or rely solely on benefits is challenging but not impossible. There's a range of lenders who will lend to you, but as you're considered a medium to high risk, you can expect higher rates with APRs starting at 39.9%.

Types of benefit loan

There are a number of different lender types who will consider customers that are unemployed or on benefits. I've provided an overview of each of these loan types below. We've decided not to feature logbook loans or doorstep loans in the comparison table below due to their extremely high cost. However, you can find out more about these types of high-cost loan be clicking the relevant

Guarantor loans

Most guarantor lenders offer loans to those on benefits. If you’ve got someone who’s willing and able to back your loan application, then a guarantor loan could be a great option. We’ve included them in the comparison table below and have a page dedicated specifically to guarantor loans here.

Logbook loans

If you have your own car which is under 10 years old, then a logbook loan is an option. Logbook lenders are lenders of last resort so be careful when looking at this option - find out what that means here. We haven't included them in the comparison table below but you can find out more information about logbook loans here.

Doorstep Lenders

Several doorstep lenders will be able to offer you a cash loan of up to £500 regardless of where your income comes from, delivered and collected on your doorstep. Doorstep lenders are lenders of last resort so be careful when looking at this option. We haven't featured Doorstep Lenders on this comparison table but you can find out more information about them here.

What not to do

Nearly all lenders who accept customers who are unemployed or rely solely on benefits won’t rely on your promise to pay back what you've borrowed, and will instead ask for an additional form of security such as a guarantor or a car (see logbook loans). Applying for a loan on benefits comes with a severe health warning - it is absolutely vital that before committing to a loan you are positive you can safely meet the repayments. Any doubt, DO NOT apply as you will be putting those closest to you at risk.  

Final Word

If you’re unemployed and your only form of income is from benefits, it's going to be tricky to get a loan and you may need to reassess your options before applying. There are lenders out there who will lend to you but they come with a warning.

You can personalise these results with our loan search.

Warning: Late repayment can cause you serious money problems. For help, go to