How to Get Bad Credit Loans if You're Unemployed

Trying to get bad credit loans when unemployed can seem like a difficult task. However, there are ways out there for you to get access to money even if you are unemployed. Here are the basics of how to get bad credit loans if you are unemployed.

Pawn Shop Loan

One of the best ways to get a loan if you have bad credit and no income is through a pawn shop. By doing this, you are going to be able to get quick access to the money that you need. These types of loans require you to put up some type of collateral. Therefore, the lender is basing their decision on how much lend you on the value of the property that you bring them. If you cannot repay the loan, they are simply going to keep a property that you gave them.


You might also try to secure a cosigner when trying to get a bad credit loan. By getting a cosigner, you are going to substantially increase your chances of getting some type of loan. The lender is going to look at the income level and the credit score of the cosigner instead of focusing on yours.

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