You face more challenges, yet many have successfully navigated this path. The primary issue with lenders would be whether you are able to make regular payments. They require evidence that you can take up monthly expenses without conventional employment. This becomes more likely in case you demonstrate other reliable sources of income. Not all lenders …
Securing Loans for Individuals without Employment: A Step-by-Step Guide
Having a steady paycheck makes getting a loan easier. But it’s not the only way lenders decide if you can pay back a loan. They look at all your income sources and assets. If those look good, you can qualify for a loan without a formal job. Do you have retirement funds or social security …
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Debt consolidation when unemployed – Is it a good idea?
Considering the pain the debt gives you, along with unemployment, it is a good idea to repay your lenders as soon as possible. Actually, the main issue here comes in the form of unemployment. If we can make it work, i.e. tackle unemployment smartly to manage debt consolidation, then we need not be appalled. But …
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