Though personal loans are generally unsecured, meaning that there is no need to submit collateral, if one does not have proof of income, he/she can negotiate with the bank to disburse the loan amount following the submission of collateral.
Hereof, can I get a loan if I have no income?
Can you get a loan if you have no income? You can get a loan even if you have no income. Most no-income loans carry higher interest rates, but with Instacash cash advances, you’ll have access to up to $250 without having to pay any interest for an entire month!
Keeping this in view, does one main financial require proof of income?
Myth 1: It’s hard to apply for a personal loan
Some people think all loan applications require a lot of documents. … In fact, at OneMain we only require three basic documents: a valid government ID, proof of residence and proof of income.
How can I get a instant loan without proof of income?
Steps to Apply for an Instant Personal Loan without Salary Slip from Money View
- Check Your Eligibility. Find out the maximum loan amount you’re eligible for online in 2 minutes.
- Select Your Plan. Choose a custom loan amount and the repayment period that suits your financial needs.
- Upload Your Documents. …
- Get the Loan Amount.