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Borrowing money without income and permanent employment – Fast Loan

One of the more common requirements for taking out a loan is that you have an income but you can take a quick loan without income. The condition is that the loan institution can ensure that you can repay the money you borrow.

To be able to pay, it is obviously necessary to receive money which you can then pay with. But is it possible to take a fast loan without income?

What income can you expect?



What we all probably think of when we hear the word income is a fixed salary. But there are also many other things that you can raise money for, and all of these can be an income. Sometimes these can be harder to prove than a regular salary, but they can be counted as income anyway.

Some examples of what is an income are unemployment benefit, parental benefit and pension, but also interest and dividends from shares. So just because you are parental or studying does not mean that you are without income.

Maybe you also do not receive a contribution but have inherited shares that are locked but for which you receive a dividend, then you also calculate the dividend on these as an income.

Is fixed income a must?

A fixed income means that you have a fixed employment and have a fixed amount that you receive in salary every month. Many people think it is a requirement to be able to take out a loan. But the fact is that it is possible to take out a loan with no fixed income.

A fixed income facilitates the process and usually means that you can borrow more money at a lower interest rate, sometimes you can even get quick interest-free loans. However, there are lenders who offer loans even if you have no fixed income.

This means that you who are part-time or part-time can also take out a loan. Lenders look at both your current income and the previous tax return.

Can I borrow without income?

Can I borrow without income?


As mentioned, you can borrow without fixed income, but can you borrow without any income at all? Yes, in some cases it actually goes. However, there is nothing we recommend if you do not know with great certainty that you can repay the loan.

If it is a situation where, for example, you are between two jobs but have been given a new job that starts shortly, then the thing is different. You should then calculate a budget on the new salary. We recommend checking when you get your first salary paid and for what period of time it applies.

In order to take out a loan without having an income, it usually requires a co-applicant who goes to the guarantor for you. This is because the lender or lender needs to know that someone can repay if it turns out you can’t.

If you just got rid of the job, a credit report will show that you have an income up to the current situation. However, as I said, we recommend not to borrow unless you have an income that you can repay with.

Terms for fast loan without income

Terms for fast loan without income


Whether the lender allows you a quick loan without income or not, there are other conditions you need to fulfill. These apply to all customers and are included in the assessment of whether you will be granted a loan or not.

The basic conditions are usually that you need to be over 18 or 20 years of age, have a Swedish social security number, live in Sweden, do not have too many or too large payment notes and get an approved credit report. Different terms apply to different lenders so always check it out before.

One of the conditions also usually is that you must have an income, but as I said, there are roads around it if you have a creditor, for example.

How much can I borrow without income?

How much can I borrow without income?


If you are allowed to take out a fast loan with no income then it usually applies a little smaller sums. It is not possible to cut an exact sum because every company has different amounts plus that an individual test is always done to see how much you can borrow and for how long. This does not come from, not even if you have a fixed income.

Each case is reviewed individually to ensure that everyone who receives a loan can repay the amount they borrow. Mortgage institutions are not allowed to lend more money than they think they can pay back without damaging the customer’s finances. They are reviewed by both the Consumer Agency and the Financial Supervisory Authority to give you as a customer increased security.