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  • Yes, you can get a loan if you are unemployed.
  • Usually, you will need to prove a regular source of income.
  • The income does not need to come from employment.


Can I Get A Payday Loan if I Am Unemployed?


Unlike more traditional loans,  if you are unemployed you can borrow a payday loan. Although you will still need a regular form of income, a payday lender will accept other forms of regular income such as benefits,  as long as it is considered enough to repay your loan.

To receive a payday loan with Finger Finance, you will need to have a regular income of at least $800 a month. This money does not need to come from employment, however it will need to be stable.


Am I Eligible for a Payday Loan with Finger Finance?


Finger Finance makes payday loans quick, clear and simple. There are just four things you need to be eligible for a payday loan:

  1. You must be a US citizen
  2. You must have a regular income of at least $800 a month (although this does not have to be through employment)
  3. You must have a checking account
  4. You must be over the age of 18 years old

If you want to apply for a payday loan, an application will take you less than 5 minutes to complete and you will receive your money within one business day of being approved.


Can I Receive a Payday Loan if I am on Benefits?


If you are receiving benefits which total $800 a month or more, you are eligible for a payday loan in exactly the same way as somebody who is employed. Being unemployed is not a barrier to receiving a payday loan with Finger Finance.




A regular source of income from benefits can mean you are eligible for a payday loan.


Will I Need a Guarantor for my Payday Loan?


The simple answer is no. Finger Finance does not require customers to provide a guarantor when they apply for a payday loan. As long as you can prove that you will be able to repay your loan, we are happy to consider you for a payday loan.


How Quickly Can I Get My Payday Loan?


With Finger Finance, payday loans are incredibly quick and speedy. Our application process is completely online which means we can offer an instant loan offer. Completing the form takes no more than 5 minutes of your time.

Once you have been approved for a payday loan within the finance, your loan will be paid into your live checking account in one lump sum on the same day that you were approved. It can take as little as one hour from starting your application process to receiving your loan into your account.


Am I Guaranteed A Loan If I Am Unemployed?


Like any responsible payday lender, we cannot guarantee that you will be accepted for a loan if you are unemployed. The reason for this is that responsible lenders carry out affordability checks, which mean only customers who can afford to take out a loan are offered one. In this way, a payday lender protects customers who cannot afford to repay their loan from ending up in more debt.


Should I get a Payday Loan if I am Unemployed?


For anyone considering a payday loan there are lots of factors to take into account. One of the most important things to think about when considering a payday loan is how you plan to repay the loan. Payday loans are only designed to be used in the short-term, and you should not enter into a payday loan agreement if there is a chance you will not be able to afford the repayments.


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Charlotte Diffey

Charlotte is an expert writer with lots of experience in the financial world. Read her articles for useful guides on payday loans and advice on how to boost your savings.