Digido Philippines - 0% interest rate for the 1st time loan up to PHP 25.000, if borrower pay back in due time. Apply loan online with Digido and solve your urgent financial issue right now. If you need cash loan in a 15 minutes, Digido is the right solution.
CashXpress Philippines (CXPH) - apply loan online and get you money on bank account in 10 - 15 minutes.
Loanonline Philippines doesn´t provide loans. Service only recommends the best options for it to Filipinos.
Finbro Philippines is a reliable micro finance company that can solve urgent financial issues in 15 minutes for people all over the country. Apply for the 1st loan up to PHP 15.000
OLP or Online Loan Pilipinas - apply your online loan 24/7. Your loan can be for any purpose, just read terms before, and, if everything ok, get your money with the help of microloan company.
Robocash is an international loan company which operates in the Philippines. It has great offer for new customers 0,01% loan up to PHP 10.000. Maximum loan period is 180 days! Only for Filipinos 21 - 70 years old. Remember to repay loan in time, so you were able to avoid late fee and pay less commission for the interest rate. If you apply for the loan PHP 20000; period 6 months, monthly payment will be PHP 5000 and total cost 2383 per month.
Today if you are looking for a new workplace, it is necessary to have some money. No matter what you are seeking, whether you are interested in a regular job or plan to be a freelancer at home, you just will need money and limited cash can become
It is usually important to have a net banking income refining before applying to any of the companies you consider appropriate. Do not forget to get some pocket money for transportation as the planned interview can definitely be somewhere far from home and it will be necessary to get there by transport. When you have a great desire to work as a freelancer, be sure you have a stable and quick internet connection, as well as a good laptop with all the essential programs packaged. Otherwise, no one will be interested in your application.
But again, if you do not have any work and stay at home as a housewife of a seaman, and suddenly it happened that your children have problems with health, it can be very difficult to find the necessary cash for treatment and medicals when your allotment is too far for several weeks. That is why Filipinos really need a loan for the unemployed.
Still, here is an interesting question:
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How to get a loan being unemployed
…and where are these loans available?
According to the statistics of a special Philippine Authority, there
The category of unemployed Filipinos may encompass the following:
- The students of the college who have the desire to work, in most cases as employees of a part-time schedule to gain money for allowance and normal living. Too many students from the provinces who currently have some work to earn for living end favor to keep body and soul together and, at the same time, want to graduate to be sure they will have a great future.
- Filipinos who a short time ago resigned from their last workplace and are in expectation of a call from a work-giver abroad to become an overseas foreign worker.
- Women who stay at home for various reasons as housewives in most cases caring for the kids. Of course, they very often may have former careers, but now they are setting them aside to concentrate on their family members and life inside of the family.
- Graduates who have just finished their education and are looking for a new and starting job to move ahead and get some experience in their careers but it is necessary for them to fulfill diverse requirements. The majority of them aim to become high-level professionals but they need to pay a lot for exams and licensure reviews.
- A working population who became the victims of a stuffing cut or whose contracts have been closed require money to come with the problems and feed their families and simultaneously search for a new job.
Despite all these people being from various population groups, they all have one common feature, and that is a temporary absence of stable income. This very condition makes the process of receiving a loan even more complicated. We do not like any financial troubles but need to cope with them reasonably from time to time.
In case you are unemployed, Filipino banks and common lenders will not approve your loan application as you have such a permanent status. It goes without saying that lenders provide loans most of all to those who have a stable salary per month and can use it for paying back the necessary sum of money timely.
Thank God, everything has changed from that austere times. We have currently many reliable online lending services that can even approve loans for students, senior citizens, new graduates, and housewives. Moreover, those people who do not work at the moment and need unexpectedly for them some sum of money can easily get a personal loan to solve different financial questions, for instance: to pay for utilities, housing rent, domestic repairs, college fees, treatment bills, and so on.
Where Can You Find a Loan for the Unemployed in the Philippines?
Without any doubt, every lender will state before the borrower to be ready to present their monthly income, namely – the salary they get. This fact will guarantee that the person can pay the loan timely without delays. And it does not implicate that the unemployed borrower can’t be proper for taking a loan.
The most popular are Digido, Tala, Online Loan Pilipinas, Finbro, Cashxpress, etc.
What to do if you do not have a bank account in the Philippines: Loan opportunities
According to the special financial survey, there are only 23% of the population in the Philippines have stable bank accounts. In terms of the following statistics, almost 53 million adults in the Philippines do not have an account in a bank and they recognize that they are not able to have one because of a lack of money. Thanks to contemporary financial approaches there are still several ways of getting some cash even if you are unemployed or do not have a
Ask your friends and family
It’s a common thing for everyone to ask a friend or relative for financial assistance. As this is not anything new in every culture. On the whole, when we want instant loans, we can visit our neighbors and close people to borrow cash in such a way that they can help. But, to tell the truth, this method of getting money quickly and without future problems is not very convenient. It may even provoke various unpleasant moments, conflicts, and arguments among close people. Relationships are above all things.
Pawnshop is a good-old way of getting money
The sort of places like pawnshops
- It is very easy to find a pawnshop if you need it right now;
- If there is a necessity to get cash instantly, you can do it even without a bank account. As soon as your valuable thing has been evaluated, the person who works there will give you the money at once;
- It is possible to pawn whatever you want, for example, a smartphone, PC, some expensive watches, branded bags or jewelry;
- In most cases, the sum of money that you can actually borrow is extremely narrowed to the value of the appraised value.
In case you are late with your payment for a loan, you will not get back your pawned thing, as all the items the borrowers have not paid for
Emergency Loans for Unemployed
Life is unpredictable, which is why unemployed people in the Philippines have an additional saving method to get cash loans for emergency needs easily. You can feel relief when you know that there is a way out of certain financial circumstances, especially when you need some cash at the moment.
State Security Service (SSS): Unemployment Insurance
It is usually unpleasant and very frightful to lose a job, especially if you have a big family and need to feed them. Thank God here is a special public service that provides the unemployed with certain benefits for living for the time of finding a new job. Such kind of financial assistance as SSS unemployment insurance is not perceived s a loan but still, it is some cash you can use if suddenly you were terminated or downsized. People who simply resigned from their workplace are not in the following category of getting state benefits. It comes only about those who have been forced set apart from work. Due to this opportunity, one can obtain up to 50% of an average wage for a month but, as practice shows, it is usually not more than P10 thousand per month. A person can take this money for 2 months which can definitely help everyone to take a new good job.
Some facts important to remember:
- It is not necessary to pay back the following SSS benefit. In case of a sudden redundancy, this kind of financial assistance can really help
- Take this financial aid for 2 months at no greater than P10K per
one month - The following sum of money may not be enough if you have many family members to feed and care
- You will not be eligible if you give up your job personally.
Allottee Loan on the Internet
Those who are unemployed and get a systematic remittance every month from parents, children, husbands, or wives are qualified to apply for an Overseas Foreign Workers allottee loan or, in other words, a so-called Seafarer allottee loan.
Here, on this website, you can find out different types of loans to solve your temporary financial troubles. Speaking about the online allottee loan, this kind of loan can be helpful for college students, housewives, and citizens of advanced years who may need sometimes additional cash for personal purposes.
If you belong to the list of OFW allottees, all you need before getting some extra cash is to sign up in the online system and submit the following documents online (through uploading):
Active ID issued by the Government- The Passport of OFW
- Valid Work Visa
- Most recent proof of Billing
- True certificate on remittance (under the allottee’s name)
- Marriage or birth certificate (to show that you are standing with someone).
Personal Loan and Everything About It
One more way to receive a loan if you do not have a job is to ask your beloved to take on a loan. As a spouse, child, or father/mother is employed, he or she has no difficulty with getting a loan and obtaining cash during the day.
It is important for them to have:
- Active ID issued by the Government
- Company ID
- Salary slip per last month
- Most recent billing proof
Essential information on getting a loan
- Advance Loans website contains a list of financial companies where personal loan application is available in online version.
- The necessary sum of money will be disbursed in about an hour or sometimes up to one day depending on the period of submitting the full pack of docs online.
- Try a special loan calculator to estimate all possible variants of getting a loan and see what is good for you and easy to pay back.
- Widespread fixed
low-interest rates are really very attractive for many users, as they offer convenient payment variants: every week, twice a week or once per month.
Advantages of online cash loans for unemployed clients
Do not want to wait long for getting the cash? Due to top-notch technology, Filipinos can currently apply for and receive loans through the Internet. All you need is to choose the right online service before applying, sign up there online and deliver the list of the necessary documents. These simple steps will guaranty that today you will receive the required sum of money quickly and without any troubles and delays.
Despite the fact of your unemployment, you can still have many great advantages from cash loans, for example:
- Loan approval the same day as applying,
- Rally flexible conditions of repayment (every week, month or twice a week) according to your preferences,
- Safe and guaranteed transactions,
- Loan account privacy for every user,
- Loan calculator availability that provides full transparency of future actions and payments,
- Rival interest rates,
- There is no necessity to grant any collateral or guarantor at all.
Moreover, online cash loans presented by registered services are diligently designed for borrowers interested only in micro-financing. It becomes possible for everyone to loan from P5,000 to P30,000 pesos.
Loan Services for Unemployed: Online Loan Calculator
Sometimes it happens when people are not able to repay the money they get, because the traditional loan offers, especially those in banks, hide many nuances the borrowers should know before applying. The information concerning the period people have to pay and the general interest is essential for every loan borrower.
Thanks to new technologies we can easily evaluate these aspects and understand practically how much it is possible to take, the charge of interest, and the day of final payment back. Loan calculators will definitely give you a more convenient view of your loan application because:
- You do not need to go to the office for applying, just choose here what services are available in the Philippines online for getting a loan and use a special calculator to be more confident.
- Simply count and decide how much you need to borrow online.
- Various payment conditions will help you to analyze everything, compare and see what is the best for you personally.
- It is also possible to choose the disbursement date as well as dates of payment in accordance with your own financial capacity.
Something More for Consideration
We all understand that life is not a bed of roses, and the absence of a job can bring desperate financial conditions. Such an easy cash loan is a real “safety ring” for people to close the gap when daily living needs are becoming very expensive as well as current tuition fees. It’s a traditional thing for Filipinos to get a loan, and according to the survey, approximately 8 in every 10 adults there know how to borrow some cash.
Although a lot of neighboring countries are striving to live with virtual money, all the same, a cash loan is considered a numero uno option of go-to funding in the Philippines. Look through the list of offered trusted online lenders on the Advance Loans website.
