If you are jobless, having a tough time with your finances and need to borrow 500 urgently, the good news is that you can now get $500 cash for unemployed people. Of late, payday loan companies with unemployment loans are now offering financial assistance for the jobless with unemployed loans for people on benefits.

What this means is, if you are already receiving unemployed benefits by the government, you can now be approved for 30-day payday loans with no income verification. In the past, applying for a payday cash advance often requires the applicant to hold a monthly salary of $1000 minimum and if you are without a job, it is almost impossible to get instant payday loans with no income proof.

A payday loan for people who are unemployed simply require you to submit documented proof of your benefits and the amount you are receiving per month or weekly. Further more, unemployed loans with no bank account needed can be facilitated by writing a post-dated check to the jobless payday lenders, though if you are receiving the monies through direct deposit, you can simply make the repayment by allowing the lenders to debit from your bank account directly. Indeed, this is the preferred method by payday unemployment lenders.

Many of these unemployed loan companies will grant you a 500 dollar loan against unemployment, up to 1600 dollars. Though this may vary from lender to lender, especially if you are willing to put up a collateral to secure against a bigger sum, say, large personal loans over five thousand dollars.

If you are wondering how to get a loan when you are jobless, perhaps you can visit a payday loan store nearest to you or just visit some websites of payday loan lenders that give low income loans for people on benefits.