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16y ago

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What is rural credit?

rural credit is a small amount of money which give to the poor peopls including small scale farmers and unemployed person as loan to start there own work by development banks or any other finencial institutions.


Can a unemployed cosigner be used to buy a home?

No. There would be no reason to allow an unemployed person to co-sign a loan. A co-signer is required by the lender when the primary borrower has a poor credit record and /or doesn't earn enough money to pay the loan. A co-signer is fully responsible for paying the loan and guarantees the loan will be repaid. If they are unemployed they are not a good credit risk and would not be acceptable to the lender.


Where do businesses get money from?

They get a small business loan.


Can you still get a pay day loan if you are unemployed?

YES


How much in bank loans can you get while unemployed?

It is very difficult to get a bank loan if you are unemployed. A bank is going to want you to have a way to pay back the money you borrow so they are going to be very wary of lending money to someone without a steady source of income. If you have no money coming and are in need a loan a good place to turn to would be a pawn shop. You can trade your items for a short time and when you have money coming in you can buy them back again.


How do you Get a payday loan unemployed and bad credit?

You can't get a payday loan without a payday. The loan is made as an advance on your next payroll check. If you are unemployed they have nothing to lend on and have no reason to believe you have the means to pay it back.


Can I file for a government loan even if I am unemployed?

Government loans are aimed at people starting up small businesses. You will need to have an idea and create a business plan to show how you aim to succeed. You can then apply for a loan.


How do you get a bank loan for the unemployed?

It's difficult for an unemployed person to get a bank loan with today's economy. If a loan officer sees that a person does not have a steady source of income, he will be very inclined to not give you a loan. Some predatory lenders may give you a loan, but they will charge outrageous interest rates.


What exactly is payday advance?

Payday advaced is a small loan company that will loan you money until your payday. Usually they set it up to where the money they loan you comes out of your payday check.


Is it possible to refinance an auto loan?

It is possible to refinance an auto loan. Refinancing offers the opportunity to lower your interest rate and save money over the term of your loan, which lowers your monthly payment.


What are requirements are needed to get money now loan Do you have to be emloyeed?

See there are some lenders who give loan to those who are employed as they consider unemployed borrowers as high risk borrower. But if yoiu are employed then there are many online lenders who can help you find money with ease. You can check out: www.personalloansforpeoplewithbadcredit.org.uk


What is the use of a miniorty small business loan?

The use of a minority small business loan is to give a small business a small amount of money which later will have to be re payed. These are mostly used when a business starts out.