A steady income is important to get any kind of loan and in case you are unemployed, there are still ways to qualify for one. If you are in need of a quick loan, a gold loan will be a good choice. You would just have to pledge your loan as collateral and get the funds you need. Unemployed students wanting to pursue higher education can take an education loan by signing a co-applicant or by pledging collateral. The future income of the student is taken into consideration while when the loan is granted.

A secured personal loan will be the best option for fulfilling your needs of getting an emergency loan. Even though you are unemployed, the collateral that you have provided will act as security. So if you fail to repay, your lender will claim your collateral. Your lender will also consider you to be a less risky applicant and trust you when it comes to the loan repayment.