Where should you start if you need to apply for unemployment? A job loss can leave you feeling nervous about your financial situation, which is why it is important to seek unemployment assistance as soon as possible. These benefits can be helpful to minimize the amount of debt you accrue during this time of unemployment.
Online Application for Unemployment
Depending on where you live, you might have the option to apply for unemployment online. Every state has unique requirements for these benefits, which is why you need to check your local options. If an online application is not available, then you might need to visit the unemployment office in person. Call the unemployment office to learn more about how the application process works.
Keep in mind that it takes a bit of time to process the claim and get approved for the benefits. So, you need to be strategic about your current cash situation to ensure you have the money needed to pay debts and living costs.
Unemployment Eligibility
Will you be eligible to receive unemployment benefits? It’s important to learn more about the requirements before you apply for unemployment. Here are some factors that could influence the approval or denial of your unemployment application:
- Reason for Termination: If you quit a job, then you won’t be eligible for unemployment. To receive these benefits, you must be fired through no fault of your own.
- Self-Employment: People who are self-employed don’t qualify for unemployment benefits in most states.
- Work Availability: If you are unable or unavailable to work, then your application will probably be denied. Unemployment benefits are designed for people who are able to work, but are currently between jobs because of termination.
- Leave of Absence: Being on a leave of absence means that you aren’t working right now, but your job will be available when you are ready to go back to work. You can’t apply for unemployment during a leave of absence or suspension.
How Much from Unemployment?
When you apply for unemployment, how much money will you get? The payout amounts vary for each application, based on the amount you were working at your job and how much you were being paid.
Accessing unemployment payments might be the lifeline you need to get through a difficult financial situation. If you are out of work, then you still need a way to keep up with rent, mortgage payments, groceries, utilities, and debt payments. Don’t hesitate to apply for unemployment so you can access the money needed to avoid damaging your credit due to late payments.
