Elvira
was a single mother who had lost her job and just could not get another job for
quite some time now. Fortunately for her, last week she met an old friend who
threw her a lifeline. Her friend Janet ran a hot dog stall in the Central
Business District and made a decent living that way. Janet said that one of the
men running a candy cart was getting old and wanted to sell his cart and his
business to someone who he liked. Janet had offered to buy it buy she was $300
short of the whole $800 he had asked for. If Elvira could come up with this
$300 then Janet and Elvira could own the cart jointly and Elvira could run it.
They
could share the earnings and profits and over time Elvira could even buy
Janet’s share. It sounded like a levelheaded offer. But where could Elvira get
the $300? She had been jobless and totally broke. She had no collateral or
security deposit to offer. She certainly did not want to offer the cart as
security deposit because that would mean dragging Janet into her mess again.
Elvira wondered who would lend her the money.
Elvira
is in for a stroke of luck. She can apply for loans for jobless people.
What
are loans for jobless people? These are basically small loans given for short
periods. There are lenders in the US who give out such loans even if you are
jobless. In fact, they can give you a loan even if you have a bad credit record
or you still have debts to be repaid or arrears to be cleared. What’s more,
they can give you these loans without taking any security deposit or collateral
from you.
How
can you or anyone apply for these loans? Application forms for these loans are
available online at several different lenders’ websites. If you are an adult –
18 years old or older, you can apply. You have to give the lenders your
permanent residential address in the US. This could be the address of the house
you own, or the one you live in as a tenant. Additionally, it would be useful
for you to hold a bank account. If you do hold a bank account, the lenders can
transfer the loan amount directly into your bank account.
These
lenders do not ask for any documents to be faxed to them. They do not ask for
collateral, nor do they ask for any security deposits. They can give you a loan
even if you have a bad credit rating because they do not consider this factor
when disbursing the loan.
For
someone like Elvira, these lenders can be a very attractive option.
