Some personal loans don't require proof of income, but the high interest and short repayment terms can put your financial future at risk. To qualify for a personal loan with no income, you may ...

You’ll typically need to give your lender bank statements, investment statements, tax returns and proof of income, like W-2s, pay stubs and a letter of employment.

If you're a borrower without traditional proof of income and are finding it difficult to get a personal loan, know that you can still get approved. It just might take a bit more legwork.

There isn't a one-size-fits-all method for verifying income. The proof of income you request from someone who works for an employer will differ from applicants who are self-employed, for instance.

Proof of Retirement or Disability Benefits: If you receive Social Security retirement or disability benefits, the verification letter serves as proof of your eligibility and the amount you receive ...

A benefits verification letter could be required for certain situations. "Because it is an official government document, it can be used as proof of income for financial and legal issues," Thelin says.