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How Can I Get Financial Help In Canada If I Am Unemployed?

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How unfortunate it is for someone to lose a job! Many Canadians will only have to experience this once, but you shouldn’t feel guilty for it. Because many things are responsible for making you unemployed and one of them is the economy going down and coming up. You might not be able to imagine how the unemployment rate has skyrocketed ever since the pandemic has entered our lives and destroyed almost everything. But you don’t find yourself completely helpless because we won’t let you live like that.

On the other hand, banks and traditional lenders may refuse to provide you with financial assistance even after knowing that your credit score is not good. But we will give you financial help despite your low credit because we focus on how is your current situation.

Loans for unemployed Canada

According to (STATISTA), 9.5% of the labour force was found unemployed in 2020. This is one of the unemployment growth that reached 5.7% over the previous year. Apart from this, as far as the level of unemployment is concerned, around 1.89 million unemployed people were looking for jobs from 2000 to 2020. Had there not been a loan for the unemployed, the situation could have been worse, which no one would have expected. So you are at the right place when you don’t have any job, but of course, you need money immediately.

What Is A Loan For The Unemployed?

‘Loans for the unemployed’ is a financial assistance service by the Government of Canada for people who have lost their jobs but no longer have any income to survive on. This kind of income is temporary financial aid that helps to find a job and manage the days when there is no income. Anyone who makes money in Canada must pay for this type of financial assistance from their next paycheck. So after that, they can get the benefit of financial help. In case, they are dismissed from their job or they are required to go on short leave.

Nevertheless, there are certain benefits of loans for working people that they can experience which include:

  • You can take time off for looking after either a newborn baby or the adopted one.
  • If you have to remain around the person who is ill or brutally injured for care.
  • Apart from that, someone in your family whose condition is not good. Maybe he or she is supposed to die, unfortunately.

If you are a Canadian, then only you can take advantage of this service to recover your income loss. Not only this, but you can also target the sudden expenses that bother you unexpectedly due to your unemployment.

You can expect to get an initial loan amount of $100 to $5000 to meet your needs by filling a simple application with us.

How Does It Work?

There is no difference between loans for the unemployed and other small types of loans, both the loans function almost similar. But yes, the only difference that can be counted is that you can apply for such jobless loans using your EI payment.

And this type of payment is considered as one of the sources of income to get approval without any problem. Before taking a loan for the unemployed you have to keep some things in mind.

Loans for unemployed-Canada

Some important things to consider before seeking loan approval:

  • Fill out an application: It is very much important to fill the application which is the beginning of the process. What you need to mention over there are the following: (Your name, address, loan amount and contact details, etc.)
  • Accept the loan approval: You get a notification regarding your loan approval once you have filled the application.
  • Select the needed amount: Once you have got your loan confirmation. Now you need to pick up the loan amount.
  • Time to submit: Right after selecting the loan amount, it’s time to submit the application near the page.
  • If need to cancel the loan: Every province in Canada has their own time period to cancel your loan without paying extra for that.
  • You can’t apply for two loans at a time: You can get only one loan at a time. There is no restriction for another loan, but you have to clear that first of all then only you can go for the second one.

Am I Eligible For A Loan If I Have No Job?

It’s really hard to be eligible for a loan when you’re not working. One of the reasons lenders checks is whether you can pay off the loan through any form of your fixed income. Still, you don’t need to worry about it when you want a jobless loan with us. This is because we provide you with the best solution for secured or unsecured loans when you do not have a job.

You can easily get a loan approval without any hassle. This can be possible when you have a co-signer or you can use your collateral to get instant money for yourself. You can also take recourse to some options in case of loans pending due to your bad credit and unemployment.

Before you even consider applying for Payday Loans For Unemployed On Benefits In Canada, it may be something like debt consolidation. Apart from this, certain things are required to get the loan eligibility.

Loans for unemployed-Canada

Some common requirements that make you eligible:

  • You must be 18 or above: The basic step is that you are 18 years or older then you are considered eligible to apply.
  • You must have an active bank account: You must have an active and valid bank account through which to receive funds is very important.
  • Your contact details are required for eligibility: It is very important to have your contact details ready before proceeding for funding.
  • Requirement of a steady income: You must have a steady income so that you can repay your loan on time without any extra charges.

How Can I Get Unemployed Loans In My Province?

You can get jobless loans in many states, but you don’t need to worry if you don’t belong to any of them. Still, you can get a loan through us as we do not want you to suffer from any financial crisis anymore. It would be good if you have a look at the states where loans are available for the unemployed and one can easily approach them.

Five different provinces to find unemployed loans for you: Don’t avoid them!

  • You can get loans in Ontario.
  • You can apply in Alberta.
  • There are jobless loans available in British Columbia.
  • You can go to New Brunswick for the money
  • You can also get financial help in Newfoundland.

How Do I Know I’m At The Right Place?

It may be difficult for new borrowers to rely on reliable lenders at the initial stage of applying for a loan. Since there are so many lenders to give you a loan, it is a bit difficult to take the risk on your part. Still, you have to take a step to start the game. The most important thing to consider before you apply for loan, interest rates is that outside lenders are only there to make money. They take advantage of the interest rates you pay on the loan, you applied for.

So what you can do is look for lenders and their terms and conditions before you rely on them to give you your information. We are going to tell you some things that will help you to know whether you are in the right place or not.

A few important things to consider carefully before trusting the lenders:

  • Don’t trust if they are asking for a fee at the initial stage.
  • Check their websites and find user reviews.
  • Their interest rates are higher than that of trusted lenders, compare then you will find out.
  • They won’t mind you having bad credit at all.

In addition, you can count on lenders that do not have such terms, even as we will do whatever we can for you. After all, your problems mean a lot to us.

Where Can I Use Unemployed Payday Loans?

You can use the no income loans not only to cover your daily expenses even there are some other purposes that you can use the loans.  We are going to give some hints about what sort of expenses that you can target with the help of unemployed payday loans.

Here you have to target the types of expenses! Must know:

  • You can target medical expenses to pay.
  • You can use the money to pay off your high-interest loans and credit cards.
  • You can get your damaged car back while you work to find a new job for you.
  • You can settle your income tax payments by using unemployed funds.
  • You can also use the loan to enhance your skills so that you can take courses and participate in competitions.
  • You can pay off student loans with the help of loans.

FAQs

Can I get a guaranteed loan when I am unemployed?

Yes, you can get a guaranteed loan even if you don’t have a job whereas getting a loan without income is not reliable. You can go for secured loans where there is no need to show your income, but you need to put your collateral in the middle.

Can I get emergency loans fast without a credit check?

Yes, you can find some lenders who may be interested in helping you with an alternative income source if you don’t have a job. You can get emergency loans without a credit check to help with unemployment benefits, disability payments, Social Security income, or rental income.

What type of loans can I get when I have no job?

You can get secured and unsecured loans. In addition, you can get payday loans, cash advances, debt consolidation loans when you are unemployed.

How can I get a loan without income proof?

It may be possible for a self-employed to get a personal loan without showing their income proof. They need to submit the papers of current assets to the direct lender. So they can get the money as quickly as possible through a secured personal loan.

Related Loan Services!

Payday Loans Canada
Direct Loans Canada
Payday Loans In Montreal
E-Transfer Payday Loans Canada 24/7
Guaranteed Payday Loans No Matter What Canada
Bad Credit Installment Loans Guaranteed Approval Canada
No Credit Check Loans Online and in Canada with No Refusal

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An ambassador and trained facilitator under Eco Femme (a social enterprise working towards menstrual health in south India), Sanjina is also an active member of the MHM Collective- India and Menstrual Health Alliance- India. She has conducted Menstrual Health sessions in multiple government schools adopted by Rotary District 3240 as part of their WinS project in rural Bengal. She has also delivered training of trainers on SRHR, gender, sexuality and Menstruation for Tomorrow’s Foundation, Vikramshila Education Resource Society, Nirdhan trust and Micro Finance, Tollygunj Women In Need, Paint It Red in Kolkata.

Now as an MH Fellow with YKA, she’s expanding her impressive scope of work further by launching a campaign to facilitate the process of ensuring better menstrual health and SRH services for women residing in correctional homes in West Bengal. The campaign will entail an independent study to take stalk of the present conditions of MHM in correctional homes across the state and use its findings to build public support and political will to take the necessary action.

Saurabh has been associated with YKA as a user and has consistently been writing on the issue MHM and its intersectionality with other issues in the society. Now as an MHM Fellow with YKA, he’s launched the Right to Period campaign, which aims to ensure proper execution of MHM guidelines in Delhi’s schools.

The long-term aim of the campaign is to develop an open culture where menstruation is not treated as a taboo. The campaign also seeks to hold the schools accountable for their responsibilities as an important component in the implementation of MHM policies by making adequate sanitation infrastructure and knowledge of MHM available in school premises.

Read more about his campaign.

Harshita is a psychologist and works to support people with mental health issues, particularly adolescents who are survivors of violence. Associated with the Azadi Foundation in UP, Harshita became an MHM Fellow with YKA, with the aim of promoting better menstrual health.

Her campaign #MeriMarzi aims to promote menstrual health and wellness, hygiene and facilities for female sex workers in UP. She says, “Knowledge about natural body processes is a very basic human right. And for individuals whose occupation is providing sexual services, it becomes even more important.”

Meri Marzi aims to ensure sensitised, non-discriminatory health workers for the needs of female sex workers in the Suraksha Clinics under the UPSACS (Uttar Pradesh State AIDS Control Society) program by creating more dialogues and garnering public support for the cause of sex workers’ menstrual rights. The campaign will also ensure interventions with sex workers to clear misconceptions around overall hygiene management to ensure that results flow both ways.

Read more about her campaign.

MH Fellow Sabna comes with significant experience working with a range of development issues. A co-founder of Project Sakhi Saheli, which aims to combat period poverty and break menstrual taboos, Sabna has, in the past, worked on the issue of menstruation in urban slums of Delhi with women and adolescent girls. She and her team also released MenstraBook, with menstrastories and organised Menstra Tlk in the Delhi School of Social Work to create more conversations on menstruation.

With YKA MHM Fellow Vineet, Sabna launched Menstratalk, a campaign that aims to put an end to period poverty and smash menstrual taboos in society. As a start, the campaign aims to begin conversations on menstrual health with five hundred adolescents and youth in Delhi through offline platforms, and through this community mobilise support to create Period Friendly Institutions out of educational institutes in the city.

Read more about her campaign. 

A student from Delhi School of Social work, Vineet is a part of Project Sakhi Saheli, an initiative by the students of Delhi school of Social Work to create awareness on Menstrual Health and combat Period Poverty. Along with MHM Action Fellow Sabna, Vineet launched Menstratalk, a campaign that aims to put an end to period poverty and smash menstrual taboos in society.

As a start, the campaign aims to begin conversations on menstrual health with five hundred adolescents and youth in Delhi through offline platforms, and through this community mobilise support to create Period Friendly Institutions out of educational institutes in the city.

Find out more about the campaign here.

A native of Bhagalpur district – Bihar, Shalini Jha believes in equal rights for all genders and wants to work for a gender-equal and just society. In the past she’s had a year-long association as a community leader with Haiyya: Organise for Action’s Health Over Stigma campaign. She’s pursuing a Master’s in Literature with Ambedkar University, Delhi and as an MHM Fellow with YKA, recently launched ‘Project अल्हड़ (Alharh)’.

She says, “Bihar is ranked the lowest in India’s SDG Index 2019 for India. Hygienic and comfortable menstruation is a basic human right and sustainable development cannot be ensured if menstruators are deprived of their basic rights.” Project अल्हड़ (Alharh) aims to create a robust sensitised community in Bhagalpur to collectively spread awareness, break the taboo, debunk myths and initiate fearless conversations around menstruation. The campaign aims to reach at least 6000 adolescent girls from government and private schools in Baghalpur district in 2020.

Read more about the campaign here.

A psychologist and co-founder of a mental health NGO called Customize Cognition, Ritika forayed into the space of menstrual health and hygiene, sexual and reproductive healthcare and rights and gender equality as an MHM Fellow with YKA. She says, “The experience of working on MHM/SRHR and gender equality has been an enriching and eye-opening experience. I have learned what’s beneath the surface of the issue, be it awareness, lack of resources or disregard for trans men, who also menstruate.”

The Transmen-ses campaign aims to tackle the issue of silence and disregard for trans men’s menstruation needs, by mobilising gender sensitive health professionals and gender neutral restrooms in Lucknow.

Read more about the campaign here.

A Computer Science engineer by education, Nitisha started her career in the corporate sector, before realising she wanted to work in the development and social justice space. Since then, she has worked with Teach For India and Care India and is from the founding batch of Indian School of Development Management (ISDM), a one of its kind organisation creating leaders for the development sector through its experiential learning post graduate program.

As a Youth Ki Awaaz Menstrual Health Fellow, Nitisha has started Let’s Talk Period, a campaign to mobilise young people to switch to sustainable period products. She says, “80 lakh women in Delhi use non-biodegradable sanitary products, generate 3000 tonnes of menstrual waste, that takes 500-800 years to decompose; which in turn contributes to the health issues of all menstruators, increased burden of waste management on the city and harmful living environment for all citizens.

Let’s Talk Period aims to change this by

Find out more about her campaign here.

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A former Assistant Secretary with the Ministry of Women and Child Development in West Bengal for three months, Lakshmi Bhavya has been championing the cause of menstrual hygiene in her district. By associating herself with the Lalana Campaign, a holistic menstrual hygiene awareness campaign which is conducted by the Anahat NGO, Lakshmi has been slowly breaking taboos when it comes to periods and menstrual hygiene.

A Gender Rights Activist working with the tribal and marginalized communities in india, Srilekha is a PhD scholar working on understanding body and sexuality among tribal girls, to fill the gaps in research around indigenous women and their stories. Srilekha has worked extensively at the grassroots level with community based organisations, through several advocacy initiatives around Gender, Mental Health, Menstrual Hygiene and Sexual and Reproductive Health Rights (SRHR) for the indigenous in Jharkhand, over the last 6 years.

Srilekha has also contributed to sustainable livelihood projects and legal aid programs for survivors of sex trafficking. She has been conducting research based programs on maternal health, mental health, gender based violence, sex and sexuality. Her interest lies in conducting workshops for young people on life skills, feminism, gender and sexuality, trauma, resilience and interpersonal relationships.

A Guwahati-based college student pursuing her Masters in Tata Institute of Social Sciences, Bidisha started the #BleedwithDignity campaign on the technology platform Change.org, demanding that the Government of Assam install
biodegradable sanitary pad vending machines in all government schools across the state. Her petition on Change.org has already gathered support from over 90000 people and continues to grow.

Bidisha was selected in Change.org’s flagship program ‘She Creates Change’ having run successful online advocacy
campaigns, which were widely recognised. Through the #BleedwithDignity campaign; she organised and celebrated World Menstrual Hygiene Day, 2019 in Guwahati, Assam by hosting a wall mural by collaborating with local organisations. The initiative was widely covered by national and local media, and the mural was later inaugurated by the event’s chief guest Commissioner of Guwahati Municipal Corporation (GMC) Debeswar Malakar, IAS.

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