Welcome to VeryMerryLoans.com, we can help you borrow £100 - £2,000 from 3 - 12 months.

Loans for 3 - 12 months.

Short, simple and fast application process.

Decisions in minutes.

How much you need today?

When can you repay this loan?

1 Months

Borrowing: £1000

Representative APR: 1192%

Repayment By: 5.1.2016

Interest: £58.68

Total Repayment: £1058.68

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Rates from 35.9% APR to max 1304% APR. Minimum Loan Length is 3 months. Maximum Loan Length is 12 months. Representative Example: £250 borrowed for 3 months. Total amount repayable is £411.63 in 3 monthly instalments of £137.21. Interest charged is £161.63, annual interest rate of 292% (fixed). Representative 1192% APR (variable). We are a free licensed credit broker, not a lender.

Payday Loans For Unemployed

Unfortunately the times we need credit the most are the times that traditional lenders – banks, credit unions and credit card companies – are often unwilling to serve us. Most traditional lenders will ask to verify a source of income and once the lender is not able to provide that they are no longer granted access to credit.

This can be particularly frustrating as people who are unemployed may need money for basics like food, rent, electricity and public transit. While we may all face times in our lives where we are not earning any income, unfortunately the bills keep coming and we need to find ways to meet our short-term obligations.

Having children complicates the matter as we do not want our kids to experience a significant drop in living standard while we search for a new position. Although there are lenders out there who have turned their backs on this large segment of the market, people will be happy to know that there are still many other lenders out there providing unemployed payday loans.

Lenders offering unemployed payday loans

Regardless of where you go – friends, family, banks or financial institutions – the lack of steady income coming into your account every couple of weeks casts a significant doubt in the ability of the lendee to repay.

Typically they look for a steady cash flow into your account in order to gain comfort with your ability to repay.

Fortunately, due to the growing demand for unemployed payday loans and the increased level of competition in the industry there has never been a better time to look for a loan.

Lenders are being forced to be more creative with how they evaluate creditworthiness and need to be more thorough in their credit evaluations to try and find something to mitigate their credit concerns if they want to win additional market share. Although your status as unemployed will not give you access to as much credit as someone who is on benefits or employed, you will still be able to get something.

Searching for the right payday loan when you are unemployed

We here at Very Merry Loans recognize that the vast number of providers out there may appear overwhelming, particularly when many of them either will not cover unemployed applicants or will do so at a much higher rate.

Fortunately, we have gone through the trouble of finding the best providers out there – simply input your details into the search engine and watch as the staggering number of lenders gets narrowed down into a much more manageable list. The providers we select will specialize in providing loans for people just like you – saving you time and frustration.

Unemployed payday loan seekers need no longer waste hours finding a reasonable option!

Very Merry Example

Loan Amount: £300
Loan Term: 3 months
Interest: £193.96
Total Repayable: £493.96 Apply

Representative APR: 1192%. (variable)
Warning: Late repayment can cause you serious money problems. For help, go to moneyadviceservice.org.uk.