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5 Apps That Loan You Money Instantly Without a Job

Need to borrow money between jobs? You may qualify for one of these unemployment loans or cash advance apps.

It can be tough to get a loan when you’re unemployed, because most lenders require proof of income. The good news? You can find legitimate lenders who may approve you as long as you have steady income, even if it’s not from a job — such as unemployment benefits, child support, retirement income or disability benefits.

Our top 5 picks for unemployed borrowers

These loans for unemployed borrowers could be a match if you need cash quickly.

For gig workers

Cleo

8.2 Great

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Cleo is an AI-powered budgeting and cash advance app, offering 0% interest cash advances up to $250. While its advances are handy, Cleo's strength lies in its ability to help you budget and save money. Set targets based on your income and spending habits, and its quirky AI assistant will help you stay on track.

And unlike some cash advance apps, you don't need recurring direct deposits or W-2s to qualify for cash advances with Cleo. With its combination of cash advances, budgeting, round-up saving and credit-building tools, Cleo is ideal for anyone who wants to take greater control of their finances.

Loan amount$20 - $250
Turnaround time3 to 4 days or instant for a fee.
  • Available in all states

For a cosigned loan

OneMain Financial personal loans

6.8 Standard

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The top concern for personal loan lenders is your ability to repay the loan, and usually, that means having steady income from a job. But OneMain considers other sources, such as government benefits, alimony, child support or other forms of income. It also offers a cosigned loan, which can greatly increase your chances of getting a loan, and funding is possible as soon as one hour after approval. But it charges origination fees, its lowest rate is 18% and you may have to visit a branch office to complete the loan process.

Min. credit scoreNot specified
APR18% to 35.99%
Loan amount$1,500 to $20,000
  • Not available in: Alaska, Arkansas, Connecticut, Massachusetts, Rhode Island, Vermont

For low fees

Chime MyPay

9.4 Excellent

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While many cash advance apps require monthly subscriptions and charge hefty fees for instant transfers, Chime's MyPay feature has no mandatory fees and only one potential fee — $2 for an advance of any size. If you can wait a day or two, this app is totally free to use and offers advances up to $500. Plus, it accepts income from alternative sources, such as government benefits, so you're eligible for a cash advance with no job. But it's not available everywhere, you have to get your earnings by direct deposit and you need to have a Chime checking account to qualify for advances.

Loan amount$20 - $500
Turnaround timeWithin 24 hours or $2 for instant transfers
CostsNo subscription fees
  • Not available in: Colorado, Connecticut, Georgia, Illinois, Maine, Maryland, Massachusetts, Minnesota, Montana, Nevada, New Jersey, New Mexico, South Dakota, Vermont, Washington, Wisconsin, Wyoming

For poor credit

OppLoans Installment Loans

9.4 Excellent

Go to site Read review

OppLoans doesn't have a minimum credit score to qualify for a loan, and it's open to income from numerous sources besides employment. It also only requires a soft credit check, so there is no impact on your score — whether you're approved or not. But rates can be steep, you need to receive your income source by direct deposit and it's not available in all states.

Loan amount$500 - $5,000
Turnaround timeAs soon as the same business day
Online applicationYes
  • Not available in: Colorado, Connecticut, Georgia, Iowa, Maryland, Massachusetts, New York, South Dakota, Vermont, West Virginia

For help managing spending

Vola Finance

Read review

Vola Finance provides an unemployment loan of up to $500 when you connect a bank account that meets three eligibility requirements:

  • At least three months old
  • Average balance of $150
  • Proof of income and activity

The app also features spending analytics and tools to help you better manage your money. However, how much you'll pay for Vola's subscription fee is anybody's guess. Third-party and customer reviews say it's anywhere from $1.99 to $28.99 a month. But the company doesn't clearly disclose a fee structure before you sign up.

Loan amountUp to $500
Turnaround timeWithin 5 hours or instant to Vola card
  • Available in all states

Methodology: How we chose these lenders

Our team of loan experts looked at dozens of cash advance apps and personal loans before narrowing them down to the best ones for unemployed borrowers. We also regularly review and update our selections to make sure our picks are the best in the market and ideally suited for their categories.

Here are the criteria we considered when choosing the best loans and apps that loan you money instantly without a job:

  • Turnaround times
  • Interest rates
  • Monthly fees
  • Origination fees
  • Transaction fees
  • Credit requirements
  • Income/deposit requirements
  • Loan amounts
  • Repayment plans
  • Better Business Bureau ratings and reviews
  • Trustpilot ratings and reviews

How to compare loans and cash advances for unemployed borrowers

Whether you’re looking for a small cash advance to tide you over or a larger loan amount, here are some key factors to compare.

  • Advance or loan limits. Loans have higher limits than cash apps, but only borrow as much as you need — especially if you’re on a tight budget.
  • Fees. Be sure you’re aware of any fees that come with unemployment loans, such as monthly charges for cash advance apps or origination fees for personal loans.
  • Credit score. Cash advance apps typically don’t check your credit, but personal loan lenders may have minimum requirements to qualify.
  • Loan terms. Consider how long you think you’ll need to repay the loan. You usually only get a couple of weeks with cash advance apps, but personal loans give you the opportunity to spread out your loan payments.
  • Turnaround times. Cash advance apps and loans can both offer fast funding, but if you need money instantly, you might have better luck with a cash advance app.

Pros and cons of cash advance apps and loans for unemployed people

Consider the benefits and drawbacks of unemployment loans.

Pros

  • Fast funding possible
  • Some options don’t require credit checks
  • Cash advance apps typically don’t charge interest or late fees
  • Personal loans offer larger loan amounts

Cons

  • Cash advance apps may require a monthly subscription fee
  • Personal loans can come with high rates
  • Fees for expediting cash advances can be steep
  • Risk of hurting your credit if you can’t make your loan payments

When to consider a loan

If you’re unemployed, you might be wondering if taking out a loan is a good idea. It might make sense if you:

  • Need to cover essential living expenses like food, rent or utilities
  • Have a medical emergency and need to pay for treatment
  • Have urgent home or car repairs
  • Are facing some type of expense that can’t be put off
  • Have a job offer letter with a start date in the next six months

Avoid taking out a loan that you aren’t certain you can repay. If you miss payments, you could end up owing multiple times what you borrowed in fees, hurt your credit and even risk facing a lawsuit from your creditor.

When to consider alternatives

Likewise, taking out a loan while you’re unemployed may not be the right option if one of these situations applies to you:

  • The thought of adding one more monthly payment to your plate stresses you out.
  • You don’t have a regular income.
  • You could sell something you own to come up with the cash instead.
  • The item you need to pay for is a “want” rather than a need.

Compare cash advance apps

Product Finder Score Max. amount per pay period Turnaround time Costs
Finder score
Up to $150/day, with a max of $750 between paydays
1 to 2 business days or within 30 minutes for a fee
Free to use or within minutes with a fee as low as $2.99 per transfer
Access up to $150 per day, with a max of $750 between paydays. Subject to EarnIn terms & conditions.
Finder score
$500 to $5,000
As soon as the same business day
160% - 195% APR
Not available in: CO, CT, GA, IA, MD, MA, NY, SD, VT, WV. Comes with the option to change your due date so you won’t fall behind on repayments.
Finder score
$50 to $750
Up to 3 days or within an hour for a fee
Free
Get up to $750 before payday, once you qualify. Paycheck Advance is an earned wage access service and is not a loan or credit product. Subject to Paycheck Advance Terms and Conditions.
Go to site
Varo logo
Finder score
Up to $500
Instant, once qualified
No membership fee, instant transfer fee up to $40
Varo Advance (VA) is a small dollar line of credit. Initial limits range from $20-$250. Work your way up to $500 over time. Fees range from $1.60 - $40 based on loan amount.
Cleo logo
Finder score
Up to $250
3 to 4 days or instant for a fee.
$5.99 monthly membership fee to access cash advances
Automatically monitor your spending plus access cash advances up to $100 at a time.
Chime logo
Finder score
Up to $500
Within 24 hours or $2 for instant transfers
No subscription fees
Access up to $500 of your pay before payday fee-free within 24 hours. See Chime terms and conditions.
MoneyLion logo
Finder score
Not scored yet
$300 to $5,000
1 to 2 business days
Fast online funding up to $5K, but you won't know about rates and terms until after you apply.
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What is the Finder Score?

The Finder Score crunches 3+ types of short-term loans across 65+ lenders. It takes into account the product's interest rate, fees and features, as well as the type of loan eg investor, variable, fixed rate - this gives you a simple score out of 10.

To provide a Score, we compare like-for-like loans. So if you're comparing the best short-term loans for all credit types, you can see how each short-term loan stacks up against other short-term loans with the same borrower type, rate type and repayment type.

Read the full Finder Score breakdown

Alternatives to cash advance apps and personal loans for unemployed people

If a cash advance app or personal loan isn’t the right move for you, consider these alternatives to borrowing money:

  • Government assistance. Programs like the Supplemental Nutrition Assistance Program (SNAP) and Temporary Assistance for Needy Families (TANF) can help with food or cash needs if you’re not working and need help making ends meet.
  • Payment plans. If you have a major car repair or a large medical bill, see if you can set up a payment plan rather than borrowing money.
  • Negotiate with creditors. If it’s existing debt that’s causing a shortfall in funds, ask your creditors about pausing payments for a month or two, getting an extension or lowering your monthly payment.
  • Sell your stuff. Make some money by decluttering your home or garage and selling your old belongings to people who can use them.
  • Find a side hustle. Whether you’re between jobs or retired, there are a ton of ways to make a little extra cash in today’s gig economy.

Frequently asked questions

Are cash apps payday lenders?

No, but they share some similarities. Both options offer short-term loans, which are usually paid back within two weeks. But cash advance apps don’t charge interest or late fees, whereas payday loans charge both.

How to get $200 instantly without a job?

Most likely your best option to get $200 fast is with a cash advance app that offers loans for unemployed people. You’ll have to pay a fee to get the funds transferred instantly, but at least you won’t have to pay interest.

Megan B. Shepherd's headshot
To make sure you get accurate and helpful information, this guide has been edited by Megan B. Shepherd as part of our fact-checking process.
Lacey Stark's headshot
Written by

Writer

Lacey Stark is a freelance personal finance writer for Finder, specializing in banking, loans, investing, estate planning, and more. She has 20 years of experience writing and editing for magazines, newspapers, and online publications. A word nerd from childhood, Lacey officially got her start reporting on live sporting events and moved on to cover topics such as construction, technology, and travel before finding her niche in personal finance. Originally from New England, she received her bachelor’s degree from the University of Denver and completed a postgraduate journalism program at Metropolitan State University also in Denver. She currently lives in Chicagoland with her dog Chunk and likes to read and play golf. See full bio

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92 Responses

    Default Gravatar
    TonielAugust 30, 2017

    Hi, I’m umemployed but i braid hair. I have bills i need to pay asap. Would i qualify for a loan???

      Default GravatarFinder
      MayAugust 31, 2017Finder

      Hi Toniel,

      Thank you for your inquiry.

      Your approval would depend on the lender’s assessment of your circumstance. I’d suggest that you contact a lender featured above to discuss your options and eligibility.

      Hope this helps.

      Cheers,
      May

    Default Gravatar
    KierraAugust 14, 2017

    Hi, Im unemployed right now and I receive child support but I’ve became behind on my bills and would like to request for a loan of $1000. Am I qualified?

      Default GravatarFinder
      AnndyAugust 14, 2017Finder

      Hi Kierra,

      Thanks for your question.

      If you are on welfare, we do have lenders that accept all types of income and who may consider you for a loan.

      Kindly review the related terms and conditions and eligibility criteria of the loan before submitting your application.

      Cheers,
      Anndy

    Default Gravatar
    DaveonAugust 5, 2017

    i do not have a job or credit and I need a loan for school fees and just to get back on my feet will I be able to apply for a loan because i really need it. I need to know where to look.

      Default GravatarFinder
      AnndyAugust 5, 2017Finder

      Hi Daveon,

      Thanks for your question.

      The lenders above may consider you for a loan even if you are currently unemployed, subject to other eligibility criteria.

      Alternatively, you may also compare student loans.

      Cheers,
      Anndy

    Default Gravatar
    EricaJuly 30, 2017

    I need a loan of 8,000 to catch up on bills and a car to get to and from a job. I receive social security every month. Will I be able to get a loan?

      Default GravatarFinder
      HaroldJuly 30, 2017Finder

      Hi Erica,

      Thank you for your inquiry.

      Generally, people on social security benefits can apply for loans as there are lenders that accept welfare as income. You will have a higher chance of getting approved if you meet all the eligibility requirements.

      Before applying, you can contact the lender to make sure they accept government benefits as a source of income before you apply. Please also read through the Product Disclosure Statements/Terms and Conditions to see whether it is right for you.

      I hope this information has helped.

      Cheers,
      Harold

    Default Gravatar
    Jaque'LynnJuly 29, 2017

    I recently moved out of my hometown but was offered a chance to return to MY old job. I just need a car to do so. I would also be able to get a part time job as well. MY credit score is fair and I only need about 2200. Would I qualify?

      Default Gravatar
      LiezlJuly 29, 2017

      Hi Jaque’Lynn,

      Thanks for reaching out.

      Whilst, I’m unable to tell if you’ll qualify for a loan, you may go through the eligibility criteria of those lenders with a tick next to their names and see if you meet them. Generally, lenders will look at your general financial situation including your credit history, any assets you hold, your income, your expenses and your debts. They will use this information to see if you can afford the repayments. As long as you meet their minimum criteria you will be able to apply and your application will then be judged on a case-by-case basis.

      Kindly note that every time you apply for a loan that application is listed on your credit file and will affect your ability to be approved for credit in the future so make sure you confirm that you meet the eligibility criteria before you submit your application.

      Kind regards,
      Liezl

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