If you have lost your job or are between jobs, then a lot of expenses are there, with no continued income source available then go for unemployed student loans. Suppose you have enough to take care of regular budget, with your savings. But what if there are those miscellaneous house hold bills like grocery, cable, news paper etc., that need to be paid. When unemployed and looking to borrow it is going to be tough as lenders are not happy about your employment status.
you have lost your job or are between jobs, then a lot of expenses are there,
with no continued income source available then go for unemployed student loans.
Suppose you have enough to take care of regular budget, with your savings. But
what if there are those miscellaneous house hold bills like grocery, cable,
news paper etc., that need to be paid. When unemployed and looking to borrow it
is going to be tough as lenders are not happy about your employment status.