Quick Loan For Unemployed
Who can get a Digido loan?
Key takeaways:
- A personal loan for unemployed is hard to obtain, but you can still get one.
- This usually requires a collateral or guarantor.
- Digido does not offer loans for the unemployed, but you can take a loan if you have a stable source of income, even unofficial.
Unemployment and underemployment are some of the most important problems of the Philippine economy. According to the Philippine Statistics Authority (PSA), the unemployment rate in the country is 6.4% as of February 2022, or equivalent to 3.13 million unemployed individuals aged 15 years old and above (1).
Borrowing money while unemployed is a tough ordeal. It is rare to find a lender who would trust that you are able to pay if you have no source of income. If you ever find one, they can give you a loan, but the terms will be rather unfavorable to you. An example of this is when they hike up the interest.
On some occasions, the lender will ask for collateral such as a car or a house and lot. If you default on your loan, the lender will seize the collateral as repayment for the loan.
So, how does someone who is unemployed and with no bank account get a loan here in the Philippines? Saan kaya pwedeng umutang nang mabilis kahit wala kang trabaho? May legit online pautang kaya na low interest? We will discuss everything you need to know about this type of loan today.
- Get your first loan with 0% interest Rate
- In only 4 minutes you can Receive Up to PHP 25,000

Learn about an
Easy Cash loan Online Without Bank Account
Who are the Filipino Unemployed?
According to the PSA, these five economic sub-sectors saw the largest decrease in employment from January to February 2022: administrative and support service activities; manufacturing; financial and insurance activities; arts, entertainment, and recreation; and water supply, sewerage, waste management, and remediation activities.
If you happen to be unemployed, don’t worry: you still have options for loans even without a bank account here in the Philippines
Online Pautang for Unemployed
So where can you apply for an online pautang if you’re unemployed? Saan nga ba pwedeng umutang nang mabilis?
Alas, you might have a hard time applying for a loan from traditional financial institutions (banks, government agencies, etc.) if you are currently out of a job. These institutions will require you to have either a stable source of income (with proof such as ITR, payslips, etc.) or regular monthly cash contributions in order for you to get a loan.
Fortunately, there are some private and/or informal lenders that will consider your situation and grant you a loan even if you’re unemployed. Some online lending apps and informal lenders will allow unemployment loans with no job verification. There are loan apps with no interest that you can use.
So yes – may online pautang na legit na nagbibigay ng loan para sa walang trabaho!
However, you must keep in mind that these lenders can and may charge you with high interest rates and require you to submit a collateral if you are unemployed. This will serve as a guarantee to them that you will find a way to repay your loan. This can snowball into a larger problem if you keep on taking on loans just to repay any existing ones.
So to summarize, there are private and informal lenders that can grant you a quick loan even if you’re unemployed, but be warned of repercussions.
Can I Get a Loan for the Unemployed at Digido?
If you’re thinking about where you can borrow money ASAP, you can download the Digido app on your smartphone and get an instant cash loan within 1 hour!
Unfortunately, Digido cash loans are currently not available for those who are unemployed. What Digido can do is to give instant loans but only if you can prove that you have a steady source of income.
One great example is if you are a freelancer. As a freelancer, you are not technically employed, but you have a source of income that is steady.
But how much will Digido give you? It truly depends on the amount of your real income. It is going to be a small amount because of the risks associated with your financial status. Your loan amount will also depend on how much you are regularly earning.