무직자 비상대금대출However, being unemployed does not mean that you cannot get a loan at all. Even if you are unemployed, there are ways to receive loans from first and second financial institutions. Accordingly, today I would like to introduce three loan methods for those who are worried about their financial situation due to a halt in economic activity.
◇ Utilize bank ‘emergency loan’
If you need a small amount rather than a large amount, it is a good idea to look into an ‘emergency loan’ offered by a bank. Various banks, including KB Kookmin Bank, Woori Bank, Kakao Bank, and K Bank, offer emergency loan products.
Bank emergency loans provide an average limit of 3 to 5 million won. The biggest advantage is that there is less decline in credit score compared to cash advances and card loans. Additionally, since it is a loan product provided by a bank belonging to the primary financial sector, it is also advantageous in that it can be used at better terms in terms of interest rates than obtaining a loan from a secondary financial sector.
◇ If you do not have a job but own a house, ‘asset theory’
If you are unemployed but have a home, it is a good idea to consider asset loans. An asset loan is a credit loan product that can be used if you own a residential home in your name. Residential housing includes not only apartments, but also various housing types such as villas, residential officetels, and multi-family homes.
When getting a loan, a home is considered the most advantageous condition other than a job. Therefore, compared to the emergency loan mentioned above, you can borrow a larger amount of more than 70 million won. Even if you are unemployed, you can receive a low interest rate compared to the high limit, and the repayment period is also long, at least 5 to 6 years, which is also an advantage. Even if you have a mortgage from a bank, you can get a loan if you own the house in your own name.
◇ If you have no job or home, but have insurance, ‘Insurance Terms and Conditions Loan’
People who have insurance that they are paying on a regular basis can borrow money through an insurance policy loan. Insurance policy loan is a system that allows you to receive a loan within the scope of the cancellation refund amount of the insurance contract. In other words, it is easy to understand that it is a type of secured loan that allows you to borrow money in exchange for collateral called a cancellation refund.
Because insurance policy loans are issued within the scope of the cancellation refund, you can overcome an urgent financial crisis while maintaining the insurance contract. Since there is no additional guarantee process other than an insurance contract, and it is not a loan determined by credit rating, it has the advantage of being available at a relatively low interest rate even if your credit rating is low.
However, since insurance policy loans are a system that provides loans within a certain range of the cancellation refund, purely guaranteed products with no cancellation refund upon cancellation cannot receive insurance policy loans, and loans may not be possible due to insufficient loan amount, etc. You should keep in mind.
