How To Get A Payday Advance For Unemployed Workers

July 5, 2021 | Mason Roberts

payday advance for unemployed

Considering what we’ve been told about getting a loan, it might seem impossible to get a payday advance for unemployed people.

And it’s kind of true when it comes to traditional financial institutions like banks. However, that doesn’t mean there are no loan options for unemployed people out there. Getting payday loans at Carolina Payday Loans, Inc. is one of these options.

Here’s why.

How Is It Possible To Get A Payday Advance For Unemployed People?

Payday loans typically require the prospective borrower to provide their most recent pay stub as proof of income.

The pay stub acts as proof of their ability to repay the loan and plays a part in determining the amount of loan they qualify for and when they’ll be paying off the loan (typically on their next payday – which is where the name payday loan comes from in the first place).

Since having a regular paycheck seems to play such a role in the process, getting a payday advance for unemployed people might sound a bit like an oxymoron. And yet, it’s still possible to get a payday loan even while unemployed.

This is because, unlike traditional financial institutions, private lenders are flexible when it comes to qualifying requirements. With payday loans, it’s not so much about having a stable paycheck that matters, per se, as proving your ability to repay the loan down the line.

You can use any active or passive income you have on hand to do that. For example, Carolina Payday Loans, Inc.’s borrowers have used different benefits, compensations, pensions, and even savings to do so in the past.

What Do I Need To Qualify For A Payday Advance For Unemployed People?

  1. A government-issued photo ID or driver’s license proving you’re over 18.
  2. A blank check from an active checking account in your name.
  3. Alternative proof of income – correct documentation for any alternative means that you plan to use for loan payoff.

How Much Cash Can I Get With A Payday Advance For Unemployed People?

The maximum payday loan amount you can get in South Carolina is $550 – which is also the maximum loan amount you can qualify for at Carolina Payday Loans, Inc.

get cash with payday advance for unemployed

How Do I Find A Payday Advance For Unemployed People Near Me?

Carolina Payday Loans, Inc. has all payday loan store locations listed on our website. You can choose the store you wish to work with and send in your information with the help of an online form.

How Long Will The Application Process For A Payday Advance For Unemployed People Take?

It shouldn’t last more than an hour if everything’s in order.

You’ll need to spend a few minutes filling the online form, and a few more minutes on the phone with the loan representative.

After that, the most the application process will take is around an hour (but it could be as little as 30 minutes), during which the loan representative will need to assess your documents and finalize the loan.

Can I Still Get A Payday Advance For Unemployed If My Credit Is Bad? What If I Have No Credit At All?

Carolina Payday Loans, Inc. is open to clients of all credit situations. We don’t judge your ability to qualify for a loan solely depending on your credit score. We also understand how it can be more difficult to maintain a high credit score when you are unemployed.

Whether your credit is good, bad, or even if you have no credit to speak of – you can qualify for a payday loan, as long as the qualifying items you provide match the lender’s standards. 

Will My Credit Score Go Down If I Get A Payday Advance For Unemployed?

Getting a payday loan at Carolina Payday Loans, Inc. won’t influence your credit in any way.

Carolina Payday Loans, Inc. has a strict information privacy policy and never reports its loan information to any credit agencies. Without being reported to a credit agency, the loan cannot influence your credit history or go onto any credit reports.

Rest assured your loan information will stay completely private when you get your payday loan with us.

apply online for payday advance for unemployed

How To Get A Fast Payday Advance For The Unemployed

First things first – make sure you’ve got all the correct documentation for your alternative income means you’re planning to use.

If you do, the rest of the process should go over pretty smoothly.

You can choose the store on Carolina Payday Loans, Inc. and send in your information by submitting a filled-out quick cash online form.

When the form gets processed, a loan representative from your preferred location will give you a call. Talk the loan details over with them, and make sure the documentation you’ve got matches their requirements.

After that, you’ll need to take all the required items (the ID/driver’s license, the alternative proof of income, a blank check from an active checking account in your name) to the appointment the loan representative arranges. They’ll need to assess all the documents to determine if you qualify for the loan.

If they approve you, you’ll finish the application process and get your loan the same day!

Submit Your Online Payday Loan Form Today

If you need cash for an urgent problem but you don’t currently have a job, you can get a payday advance for unemployed people. You could get up to $550 in less than a day!