When someone is unemployed and need financial aid immediately, one can try relying on family members for assistance. But what if you are a single mother who is not working, and there is no one but yourself and with a child in tow, you desperately need to find 800 loans for single moms.
Take my uncle as an example. He is recently retrenched from his company and had been getting pension ever since. With the ailing economy, he is finding it difficult to compete for jobs with so many people who are also unemployed. Recently, his child was down with an illness and had to be hospitalized for a few days. With no wages except the free government money he has been receiving, he was unable to pay for the hospitalization stay for his son.
And that's when he found out that there are actually no collateral loans for people receiving supplemental security income, and he managed to get a shorter term 800 dollars loan for people who are jobless. These unemployment private loans are crafted similarly to an immediate loan with the only marked difference being that instead of using your monthly salary to secure the cash advance, you will be using your regular stream of supplemental security income payouts to get a shorter deadline cash loan.
Make sure that if you are jobless or on pension, the funds from the government is received through direct deposit to your bank account as this is a requirement from the unemployment lending companies. With a 800 dollar loan you can borrow against your SSI, you can have another option when it comes to getting cash while unemployed. For more info, connect with an online lender here.