1 Hour Unemployed Payday Loans

Finding it hard to get cash with no job? Request unemployed payday loans through CocoLoan now. With fast payday loan approvals and quick funding, borrowers can use the funds to settle any financial needs.

Want to borrow more than $5,000? Click here!

About 1 Hour Unemployed Payday Loans

1-hour unemployed payday loans are among the most popular options processed within one single day. The loan product is designed for unemployed applicants who enjoy unemployment benefits.

Once you have applied for a 1-hour unemployed payday loan, lenders will give you feedback in a matter of minutes. The payday loans have short repayment terms (2-4 weeks) depending on your preferred lender. Creditworthiness is critical in determining the amount of money you can borrow.

When Will People Need 1 Hour Unemployed Payday Loans Most?

Your financial needs such as pending medical bills, car repair services, tuition fees, or debts that you want to consolidate will inform the choice of loans you will apply for. 1 hour unemployed payday loan would be a good credit option whenever you find yourself in the following financial situations;

  • Need Funds Urgently for Emergencies: Even after losing your job, you still have to meet your financial obligation. Thus, when you can consider applying for hour payday loans for the unemployed to help you settle financial needs staring at you. The funds can be used to cover financial problems like your daily expenses, clearing hospital bills, or pay for your car repair services.
  • Denied Loans By Banks: Banks and credit unions mostly turn away applicants who don’t have a good credit score and reliable source of income. However, you can try out payday loans for the unemployed to get funding. You don’t need a good credit score to access a payday loan. So long as you’re getting monthly or weekly unemployment benefits, online lenders will approve your loan application.
  • To Avoid Long Lending Processes: Traditional lenders like banks have a very tedious lending process that can take weeks to get a loan decision. However, you can always avoid that by taking out unemployed payday loans. These lending platforms have straightforward lending processes, which enable you to get funding within 24 hours. 

Where Can I Find Unemployed Payday Loans?

CocoLoan is one of the best places to find unemployed payday loans online. We work with an extensive network of lenders who offer payday loans for the unemployed. Applying for unemployed payday loans via CocoLoan guarantees you the confidentiality of your personal information with advanced encryption technology. You will also enjoy a simple process and easy approval.

How Does CocoLoan Compare

default imgWhy Trust CocoLoan?
How much can you get?$50 to $35,000Zero upfront charges
What are the loan terms?1 - 36 monthsEasy repayment
Are credit checks needed?YesMostly soft pulls
Are bad credit accepted?YesAll credit considered
How to apply?Totally onlineSimple and straightforward
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How to Apply for Unemployed Payday Loans?

Typically, once you have identified your preferred lending platform like CocoLoan, you can apply for 1 hour unemployed payday loans by following the following easy steps;

Fill out an application form on the CocoLoan website.

Receive loan offers: Upon reviewing your financial and personal information, potential lenders will approve your loan application and send loan offers within 60 minutes. Compare the offers and accept the best credit deal that suits your financial situation.

Get Cash: The last step is signing an agreement between you and your preferred lender, after which the funds will be deposited into your bank account within the next business day. You will get a notification from your lender or bank once the cash is available.

Fast and Easy Loans You'll Need

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Can I Get the 1 Hour Unemployed Payday Loans with No Job?

The 1 hour unemployed payday loan lenders are mainly concerned about the applicant's ability to repay the credit on schedule. Thus, if you have a steady source of income, you can get the funds even when you are jobless. Provide evidence that you have been receiving money consistently.

You need to attach your bank statement to prove that you have been getting unemployment benefits such as a pension, veteran benefits, grants, or government schemes. So long as you have any source of income that’s enough to get loan approval and credit funding.

What Are the Advantages and Disadvantages of 1 Hour Unemployed Payday Loans?

Here are some pros and cons of getting 1 hour unemployed payday loans you should consider;


  • Candidates are not required to be employed to get payday loans for the unemployed. Your unemployment benefits are enough to secure payday loans for the unemployed.
  • Quick Funding: 1 hour payday loan funds are transferred into your bank account within 24 hours after approval.
  • High approval rates: The payday loans for the unemployed have a high approval rate for applicants who meet the set requirements.
  • Automated repayments: Most lenders will automatically deduct the payday loans directly from your next paycheck, saving you from hefty late loan repayment fees.


  • The payday loans for the unemployed have high-interest rates.
  • 1 hour payday loans for the unemployed may not help you improve your credit scores since most lenders don’t report to the three credit bureaus.
  • The loan amounts are limited, and you get small funds, just enough to help clear financial emergency bills.


Who is qualified to get 1 hour unemployed payday loans?

To qualify for unemployed payday loans, you must meet the following basic requirements;

  • You must be aged at least 18.
  • Be a permanent resident or citizen of the United States of America.
  • Applicants must have a verified source of income, such as unemployment benefits.
  • One must have an active bank account.
  • Government-issued identification card (ID) and a valid Social Security Number (SSN).

Do I need to have a perfect credit score to get approved for 1 hour unemployed payday loans?

No, our lenders consider any credit score for 1 hour unemployed payday loans. If you meet their basic requirements, such as having a stable source of income, our lenders will give you an offer regardless of your credit scores.

Will my information be kept safe when applying for 1 hour unemployed payday loans?

Your data security will depend on the lending platform you have decided to use. CocoLoan uses modern encryption technology to keep your financial and personal information secure while you apply with us.

Will 1 hour unemployed payday loans impact my credit score?

If you repay the unemployed payday loans on schedule, your credit score will remain unhurt. However, defaulting or repaying your loan late could negatively affect your credit file.

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Apply For Unemployed Payday Loans Through CocoLoan For Quick Approval

You can enjoy an easy loan application process and fast approvals whenever you apply for unemployed payday loans via CocoLoan. Apply for unemployed payday loans to get funding within the following working day today.

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