First, few know about the loan option for the unemployed, believing that to apply for a loan it is necessary to have a high income or a good job.

As incredible as it sounds, it exists and can be more accessible than you might think. Of course, when it comes to the financial part, you have to be careful. But it's not because there is this option that you should choose or do without researching beforehand.

Therefore, today we are going to show you how you can apply for your loan while unemployed and what options you may have.

Loan options for the unemployed, although not many, have certain modalities. These modalities are defined from the type of guarantee that the person, who will make the request, can offer.

Therefore, if you intend to look for any of the options, remember to always find out about the conditions. 

In addition, below we separate some tips for you to check each of the modalities and how they work.

If you own a car and are in need of money, you can opt for this type of credit. In this case, it works as follows: you apply for a loan and put your vehicle as a form of payment guarantee.

Therefore, if there is any unforeseen event, the bank in question takes your car as a means of paying off the debt. But if you pay on time, there's nothing to worry about. But not all institutions offer this type of loan.

In addition, each institution may offer different conditions and requirements. Under these conditions and requirements, vehicle documentation may be up to date, vehicle model, year, etc. Check what is required with the chosen institution.

In this modality, it is necessary to have a property in your name. In the same way as a loan with a vehicle guarantee, the bank will guarantee your property as payment. 

Furthermore, it is important to check the possibilities well. If the property in question is the house where you live, you may end up getting more complicated. Therefore, evaluate the conditions well and what fits best for your case and condition.

On the other hand, if the payment is made correctly, once the debt is paid off, the guarantee is no longer required. Therefore, the bank will no longer have a chance to take over the house or charge anything beyond the agreed amount.

This type of loan is less common, but it is still available in some cases. Unlike the secured loan, the person can apply in another way, but with more care. 

It is usually offered and can be requested for self-employed people or people who cannot prove their income. That is, unemployed people fit in, and can also apply for this type of loan.

Still, it may be necessary to provide a guarantee. In that case, it may not be a property or vehicle itself, but something of great value. Some people pawn family assets like jewelry, for example. Because there are few institutions that offer this modality.

This credit option is offered especially to people who own micro or small businesses. Exclusively aimed at them, it is possible to request if the objective is to expand or improve your business.

Furthermore, not all institutions offer it, and the requirements are very specific. It is necessary to prove what the loan amount will be used for.

Some institutions already put the form of proof in the requirements, and this can help. It is important to emphasize that, in order to apply for a loan in this modality, the applicant cannot have a dirty or negative name.

There is a loan modality that the person can use the FGTS money as collateral. This type of loan is available to people who have a balance in their FGTS account.

The balance amount must be at least R$500.00. The rules for the payroll loan with FGTS guarantee changed in 2018. Thus, if the person has a balance, even if he does not have a formal contract, he can apply for this loan.

In addition, each institution can offer it in a different way, even having the option of early withdrawal of the FGTS as a loan. Therefore, find out about the conditions at the institution you choose.

As mentioned above, not all institutions offer the option of credit for the unemployed. Those that do, usually have one or more modalities available.

Below you can check out some institutions that offer loans to unemployed people. Remembering that each one may have different conditions from the others, and it is always important to inform yourself.

Simplic, in addition to offering credit to people with negative names, also offers other modalities. The institution is safe and still has prestige for offering loans to people who have no other options. On the website there is no information about loan for unemployed.

In addition, the company is registered and authorized to make loans, in accordance with the Central Bank. To apply for your loan with Simplic, you can take a look at the article below which has everything you need to know.

Olé's loan is aimed at retirees and pensioners, civil servants and INSS beneficiaries. Also, to find out if it works for you, you can check the website. If your case fits the requirements for applying for credit or not, you can find out easily.

Olé, which has a partnership with Banco Santander, offers a lot of security when offering credit. The conditions are clear and the request can be made online. But it is worth noting that in the article below you can check out how to make the request step by step.

Banco do Brasil offers secured credit, which in this case is for unemployed people or in some cases negative. In addition to those mentioned above, there are still other options such as benefit credit. 

In addition, conditions vary for each modality. Banco do Brasil is one of the most renowned institutions in the country, and the request can be made at the branches or on the website. You can check how to place your order in our article. Just click the link below.

In partnership with Creditas, BMG offers secured credit. As well as those mentioned above, you can offer your property or car as collateral to apply for the loan.

The request can also be made online, and on the website they leave all the information. You can even run a simulation. So, in order not to get lost and without knowing how to apply, just check out the article below.

Agibank focuses on payroll and personal loans. For example, if you have INSS credit, you can apply for a loan without complications. For other loan modalities, you can consult the website.

Even though it is not exclusively a loan for the unemployed, you may fit the profile. The request can also be made online, and in order not to get lost, the article below leaves each step in detail. Questions can be answered on the website itself, or by calling the customer service number.

Finally, it is important to inform that no institution is authorized to make any request for deposit to release the loan. According to the Central Bank, responsible for regularization, this practice is prohibited.

If for some reason you receive messages, emails or calls requesting the deposit of some amount, it may be a scam. Therefore, if it happens to you, contact the institution in question or the authorities to find out.