Loans for people with no job may be necessary for:
- Basic needs
- Starting a business
- Paying for unexpected expenses
- Buying a house
- Paying for expenses in between jobs
No credit check loans can be useful for those with bad credit. Having bad credit may be as a result of different factors, including:
- Losing your job
- Never having had credit before
Qwiek loans for unemployed people:
This lender provides loans of up to R150 000. Repayment terms are flexible and range from 6 to 8 months. Even if you have a bad credit record you may qualify.
The fast online application process may be quite beneficial for you – allowing you to attend to your urgent financial needs. Repayments can be arranged to be made via debit order at the end of every month for the duration of the loan term.
Self-Employed Loans:
Self-Employed Loans is a lender that specialises in providing loans to SME business owners. Applying for this loan is simple as there is no payslip required. You will only have to produce your ID as well as your latest 3 months’ bank statement. Credit of up to R100 000 is provided.
Visit www.selfemployedloans.co.za for more information.
First National Bank (FNB):
FNB is one of the few banks in South Africa that offer short-term loans to self-employed individuals. These individuals are required to produce their latest 6 months’ bank statements. Their chances of approval will improve significantly if they have a good credit record and are able to prove their affordability.
What it means when you are approved for fast loans with no credit check and no job is that you may have be subjected to a higher interest rate and more stringent qualifying criteria (especially if you are applying with a mainstream lender).
