A strong economy is scant consolation if you find yourself struggling with unemployment. Millions of Americans are out of a job right now and are contending with having enough money to live on. Some turn to loans to get them over the rough patches, but what do you do if you are unemployed and have bad credit? Believe it or not, you do have options, and we?ll explore them in this article.
Before you apply for a loan, consider whether you?ve exhausted your other options. These include collecting unemployment insurance, welfare benefits, and help from family and friends. If you decide you need a loan, you?ll have a menu of choices, such as personal loans, cash advances, and lines of credit. We?ll show you the best online personal loans available right now if you?re unemployed and your credit is bad, plus we?ll discuss alternative types of loans.
Darryl founded Smith Financial Advisors Inc. in 2006 after over 30 years experience in financial services including Mergers & Acquisitions, Investment Banking and traditional Commercial Banking activities at Bank One. Smith Financial Advisors is a Registered Investment Advisor in the State of Illinois. The firm specializes in Investment management, financial planning, and retirement planning.