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What is the best way to get a personal loan when you don't have a job?

Even though there is a way to get approved for a personal loan even if you are not employed, but I am not sure if lenders would approve your wifes loan application. That said, there are a few things you can do to boost your wifes personal loan eligibility so she gets approval for the loan quickly. Co-sign her loan application Help her establish a permanent or stable source of income and then re-apply for a personal loan. Co-signing your wifes personal loan application is pretty easy; ask the lender for help and they would guide you with the process. But, if you want to follow the second approach, there are certain things youll have to ensure including the establishment of a permanent source of income. You can, if you have a second home, use the income generated from rental property to establish a permanent source of income for your wife. You can ask all your tenants to deposit the monthly rent into your wifes account and get her registered as the owner of the property. Income from a rental property is likely to be considered by banks and NBFCs as a permanent source of income and chances of getting approved might go up.

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