Many people on benefits ask whether it is possible to borrow short term. The answer depends on the lender and your state, but benefits can count as regular income.
Benefit Types That May Count
- State unemployment benefits
- SSI and SSDI
- Social Security retirement
- Pension and veterans benefits
Know Your Protections
Federal benefits such as Social Security are generally protected from most creditors, and lenders cannot lawfully pressure you to sign over a benefits card or password. Never share a benefit card PIN.
Watch the Due Date
Benefits arrive on a schedule. Choose a repayment date that falls after your next deposit, and borrow only what the deposit can cover along with your essentials.
Check Free Help First
Call 211, your state benefits office and local charities, which can cover emergencies at no cost.
Read more on our page for loans on benefit or other income.
Ready to Apply?
Use the secure form below. If approved, you see the fee, due date and APR before you accept. Approval is never guaranteed.
Cred Qualify does not guarantee approval. Loan availability, amounts, fees and terms vary by state. Payday loans are meant for short-term needs and are not a long-term financial solution.