Q&A: Can you recieve payday loans if you are collecting unemployment?
Question by * RESA *: Can you recieve payday loans if you are collecting unemployment?
Best answer:
Answer by Dwight K. Schrute
No, you can’t
Give your answer to this question below!
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Nope, they want people with a paycheck, not someone whose income will stop with the end of unemployment benefits. Now more than ever you need to find a job. Any job. Good luck.
no
you probably could based on the amount of your uc. But do yourself a favor. DO NOT get involved with pay day loans. take it from someone who knows. the interest kills you. you could end up paying over 300.00 or more for payments every pay day and the interest only puts your payment down about 20 dollars. you will end up paying back probably ten times more than what you borrow.. I have been down that road and I am paying for it now. I have fell behind on my bills and am struggling to get them caught up. PLEASE for your own good, do not deal with these lenders.