Prevention is surely better than cure.  There are times when things crop up when we least expect it or are prepared for it. Falling ill is certainly one of them. This is exactly why we invest in health insurance policies, for those unforeseen circumstances. Medicare, a federal health insurance plan, is typically for senior citizens who are 65 years or older.

It is always a task to attain a loan when you’re unemployed because most lenders and creditors prefer borrowers with a stable job and a good credit history. However, it is not impossible for an unemployed person to attain a loan, but they may have to face obstacles and high-interest rates to get it.

Here is the list of the unemployment loans available on the internet: Check into Cash Payday loans: An unemployed official can apply for payday loan online. The amount of the loan can range from $50 to $1000. You don’t require a perfect credit history to attain this loan. The loan term varies from state to state.

Payday loans are prevalent among people who need instant access to cash without having to go through a credit check. To secure a payday loan, you just need to show identification, proof of steady pay and your bank account details. Payday loans are given for small amounts such as $500, and you are required to make the loan repayment when you receive your next paycheck.

Promissory notes are easy to understand even without any prior legal knowledge. Here is a step-by-step guide to filling a promissory note template. Step 1: Lender and borrower Enter the day month and year followed by the name of the borrower and lender. Next, go on to mention the mailing addresses of both parties.

In simple terms, a promissory note is a record of the transaction when borrowing a loan. It is a promise of repayment of the principal loan amount in addition to the interest, on or before a specified due date. A failure to repay the loan amount may lead to legal proceedings, and the borrower may have to bear the costs of attorneys as well as court visits.