
Do I have to be in full employment to be able to take out a loan?
You do not have to be in full-time employment in order to be able to take out a loan. The loan application procedure will determine whether or not that you are eligible for it.
If you are involved in part-time employment, or have only been employed for a short period of time, then you will have to provide evidence that you will be able to pay the loan back. Details of any assets will be taken into consideration. If your continued employment is key to you being able to make the repayments then you may need to provide a references or the contact details of your employer.
If you have any doubts about your eligibility for a loan then simply call one of our advisers.
*Nothing in these FAQs constitutes advice and is intended for general information purposes only. For qualified advice, please speak with UK Personal Loans Limited 08000 196 777.
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