 TITLE: Can You Get an Emergency Loan While on Unemployment? CONTENT: What Counts as Income When You Apply for a Loan?\n------------------------------------------------\nIn reviewing your ability to repay the loan and your debt-to-income ratio, lenders may look for various types of income and ask for verification documents, such as recent tax returns and bank statements.\nIf you've been collecting unemployment, you likely don't have a lot (or any) employment income, such as salaries, wages and commissions. And if you expect your unemployment benefits to end or shrink soon—or they already have—the income piece of the equation may be the hardest to shore up.\nHowever, even when you're not working, you may have other sources of income that satisfy the requirement:\n*   Income from a retirement, pension or trust\n*   Disability and Social Security benefits\n*   Investments and rental property income\n*   Self-employment income\n*   Child support, alimony or separate maintenance (but lenders can't require you to disclose these sources of income)\nLenders vary on what types of non-employment income they consider. Some may only count unemployment as income if you're a seasonal worker who regularly collects unemployment for several months each year. Others might always—or never—count unemployment benefits as income. END