And rightly so!
Most loan companies target consumers who possess some form of employment so they can guarantee they get their money back. But there are apps that loan you money instantly without a job, too.
The maximum weekly unemployment benefits in the United States range from $235 to $823. While some people can get by on that amount, it may be too little for others due to household size, cost of living, and other expenses.
Of course, not everybody is eligible for unemployment benefits. So you may be without a job and have no unemployment benefits. But the bills won’t stop coming.
And as we all know, making money without a job is hard. Fortunately, some loan companies only require a source of income for you to apply, even if that income is in the form of unemployment benefits, child support, or Social Security.
Whether you’re laid off, furloughed, or retired, it’s good to know that you can request loans to supplement your income. Here are some of the best instant loan apps with no job requirement that you can add to your smartphone today.
Table of Contents
Top Apps That Let You Borrow Money Instantly Without a Job
Download one or more of these apps to help you through tough financial times.
1. FloatMe
FloatMe provides Floats, AKA cash advances.
It doesn’t conduct credit checks or charge interest fees. Feel free to request $10 to $50 in Floats between checks. This app supports over 10,000 banks.
FloatMe charges about $2/month, but you can try it out at no cost for a week.
- Download Here: Google Play / Apple
2. Grain
Though it’s not a loan per se, Grain’s line of credit can aid you in any monetary difficulties.
Grain prides itself on being the digital credit card for everyone since it approves customers based on their cash flow rather than their credit score.
Just link your checking account, and upon pre-approval, you can use your debit card to make transactions from your Grain credit line.
- Download Here: (There’s currently a waiting list for Android users.) / Apple
3. Chime SpotMe
If you’re a Chime member, take advantage of SpotMe.
What’s SpotMe? It’s a convenient feature that gives you up to $200 to guard against overdraft fees.
You can even expand your overdraft protection limits with SpotMe Boosts: you receive up to four $5 Boosts per month from friends, and you can do the same for them.
All you need to qualify for these benefits are at least $200 in qualifying direct deposits and an activated debit card.
- Download Here: Google Play / Apple
4. SoLo Funds
SoLo Funds members collaborate to lend money to other members in need.
This app offers loans as low as $20 and up to $575. You earn higher cash advances when you pay back your loans on time, which also increases your SoLo Score.
If feasible, you can become a lender and help SoLo borrowers. What’s great about being a SoLo lender is that you make money when borrowers pay you back and add voluntary tips.
- Download Here: Google Play/Apple
5. SoFi Personal Loans
Need $5,000 to $100,000? A personal loan from SoFi can help.
It only takes a minute to pre-qualify for a requested loan amount. If everything goes well, you can expect your loan to arrive in your bank account within 24 hours.
SoFi Personal Loans offers low rates, no fees, and Unemployment Protection, which temporarily adjusts your payments and assists you in the job search process.
- Download Here: Google Play/Apple
6. Dave
Dave is pretty similar to FloatMe.
Pay only $1 per month to access some of Dave’s great features.
Once you download the app and submit your identifying information (physical address and ID), you can be approved for up to $500. Dave also provides an automatic budgeting tool to help you take control of your spending habits.
Its Dave Side Hustle feature connects you to companies that offer part-time gigs, which can come in handy to supplement your income.
- Download Here: Google Play/Apple
7. Empower
This app is very similar to the Dave app.
It allows you to get up to $1,000 in a cash advance. However, there’s a catch.
Start by applying for the Empower Cash Advance to receive approval for up to $250. When you receive your next paycheck, you pay back the advance upon receiving your check. And you don’t have to pay any fees or interest.
Upgrade to Empower Thrive, where you get a line of credit between $200 and $1,000.
You just need a predictable income and regular use of your primary checking account to get started.
Empower charges an $8/month fee to utilize its services, but you get two weeks to try it for free.
- Download Here: Google Play/Apple
8. Go2Bank
With Go2Bank, you receive your government benefits up to four days earlier than their scheduled date. In addition, you get up to $200 in overdraft protection, provided you have qualifying direct deposits.
You’ll really save money as a Go2Bank member because, without direct deposit, you’ll pay $5 a month. If you opt for direct deposit, your account costs you nothing.
Best of all, you can apply for a Go2Bank Visa Credit Card to aid in building credit without having to pay an annual fee. You even receive free credit scores every month from Equifax.
- Download Here: Google Play/Apple
9. MoneyLion
Need $25 to $500? MoneyLion has InstaCash, which gives you a cash advance starting at $25. If you receive recurring deposits of government benefits through an external bank account, your advance limits increase, making it possible to request up to $500.
Additionally, its RoarMoney account lets you receive up to $1,000 when you link it with ongoing direct deposit payments.
MoneyLion’s Credit Builder Plan costs approximately $20, but you’ll get up to $700 in cash advances.
You only need proof of income and a bank account that is at least two months old to qualify.
- Download Here: Google Play/Apple
10. Vola Finance
Request up to $300 by signing up for a Vola Finance account.
Vola Finance’s membership fee ranges from $3.00 to $29.00 per month, but it’s worth it for the financial algorithms that help you monitor your spending. Plus, there are no credit checks or interest fees.
You’re required to have proof of income, at least $150 in your bank account, and the account must be at least 90 days old.
- Download Here: Google Play/Apple
11. Speedy Cash
Speedy Cash provides the following:
- Title loans
- Payday loans
- Installment loans
- Personal lines of credit
To apply for the above loans, you need proof of income, a valid ID, and an active checking account. Request a loan amount ranging from $50 to $26,000, either in person or online.
- Download Here: Google Play / Apple
12. Cash App Borrow
People can access Cash App Borrow in certain states and borrow as little as $20 up to $200.
There is a five-percent flat rate charge on each loan amount requested, and it needs to be paid back within four weeks or less.
To be eligible for Cash App Borrow, you need to be a U.S. citizen, 18 or older, and have an income of $1,000 or more per month. You may also need to undergo a credit check.
- Download Here: Google Play / Apple
13. Gerald
With Gerald, you can get up to $215 to use toward rent, life insurance, cable, and other expenses. You can also request to have half of your paycheck arrive earlier.
This app even offers cashback rewards when using its debit card or checking account to pay bills. Other Gerald tools include a bill tracker, overdraft protection, and a budget calculator. It charges members $9.99 per month.
- Download Here: Google Play / Apple
14. Lenme
Lenme offers options for both investors and borrowers. Borrowers can request a minimum of $50 and up to $5,000. If you need to borrow from this app, you’ll receive funds upon approval within a day or two. Depending on your loan amount, you have up to a year to repay the loan.
Want to invest instead? Review loan requests, make offers, and then get paid.
- Download Here: Google Play / Apple
15. Varo Advance
If you need some pocket change, download the Varo Advance app.
Once you get the app, you can start by borrowing $20 without any advance fees. Over time, you’ll gain access to higher advances, such as $50, $75, and up to $100, each with respective fees of $3, $4, and $5. You must repay your loan within a 15 to 30-day period.
To qualify for loans with Varo Advance, you need: an active Varo bank account that’s at least a month old, an activated Varo debit card, and $1,000 in electronic deposits of your government benefits.
In addition, you receive cashback rewards from debit card purchases, and it’s free to send and receive money from other Varo users.
- Download Here: Google Play / Apple
16. Possible Finance
Possible Finance allows you to borrow up to $500 in installment loans, regardless of your credit score. Take as much time as you need to pay it off, as this app doesn’t charge penalty fees.
It also offers the Possible Card (availability pending), which grants a credit limit of $400 to $800. There’s no security deposit or credit check required for this credit card.
- Download Here: Google Play / Apple
17. CashNetUSA
Through CashNetUSA, you can request installment loans, payday loans, and lines of credit ranging from $100 to $3,500.
Its services are available in only 29 states, so you should check if CashNetUSA operates in your state before applying.
Download Here: Google Play / Apple
18. Zirtue
Why request money from creditors when you can borrow from trusted loved ones?
Zirtue lets you borrow up to $5,000 from relatives and friends you add to your contact list. Simply request the loan amount you need and arrange repayment plans.
This app even has a Zirtue Mastercard Debit Card coming soon, so sign up to join the waiting list.
- Download Here: Google Play / Apple
Final Say
Whether you are collecting unemployment, are between jobs, or just don’t have a job currently, it’s nice to have extra money coming in, especially to cover unexpected expenses like medical bills or rent increases.
Thankfully, with so many apps that offer instant loans even if you’re unemployed, it’s easier than ever to get financial help until you get back on your feet. Just make sure to read and understand the fine print to avoid ending up in more debt than you can handle!
All this is a lie. People shouldn’t listen. Even though it says that you don’t need a job. You will still get denied. You shouldn’t give hope to those who wish it
Eugenia, did you have personal experience with one of these apps/companies?
We get these facts from their own websites. Now I am sure they all have some rules to make sure they get their money back, but they stat that they do indeed give out loans to people without a job.