Are you looking for a job change or is your employer planning to fire you from the job? It can be due to the cause of artificial intelligence. Many jobs are replacing with the advent of it, which belongs to low skilled jobs like driving jobs, gardening jobs and many more. The manpower is decreasing as at the place, where five people needed to complete a task, a robot and its operator works with high efficiency. Due to this, people are losing their jobs and then they struggle to find a new one. It is because they go on less pay or they have to reeducate them for a new job task. Meanwhile, they struggle to find a job, managing the expenses is also difficult for them. The high street banking institutions do not allow the jobless people to take loans due to the strict code of conduct.
Here the online lenders help such people by providing guaranteed loans for unemployed. The borrowers can secure the funds for them by getting these loans as the name suggests, the approvals are guaranteed. Jobless individuals can also get the transfers of the funds into their online bank accounts on the faster basis as the online processes are faster than the traditional ones.
Is there any eligibility Criteria for Guaranteed Loans for unemployed?
A resident of the UK, who has completed the age of 18, can apply for guaranteed loans, if he is giving the details of a guarantor into the online application form or depositing any collateral like property or vehicle should be equal to the cost of the loan. The credit profiles of the borrowers should not be tainted with CCJ (County Court Judgment) or IVA (Individual Voluntary Arrangement).
Other financial alternatives under guaranteed loans:
Other than guaranteed loans for unemployed, there are only guaranteed loans available in the market, which are useful for the people, who are already engage in a job either part-time, full-time or in a newly established business. These are the funding alternatives for the people under the guaranteed loans category. These loans are secured in nature, as there is a guarantor present in the loan procedure to guarantee the lender that the repayment will be completed. People, who are currently employed but soon going to get a job and want to take loan to accomplish their financial goals or to pay their unpaid debts, can get such loans even when they do not have salary or income in the hand at the current time.
New job opportunities with the artificial intelligence
As discussed above, with the advent of the artificial intelligence, many people are losing their jobs as the robots are proving to be more effective in many cases. There was also a discussion that a robot and its operator can achieve the complex tasks in a short time. A mere operator is not enough as from the backend a team supports it. People, who are learning data science, machine learning with the help of the major subjects like statistics and mathematics are getting successful in getting the jobs. Other than this, people who have good convincing skills would also not lose their jobs, as robots do not know about the human emotions. Highly skilled management level jobs are not going to be changed, as it requires the highest experience and qualification. Not every person can afford an automatic car, so not everyone can buy it and the replacement of all drivers with automatic ones will take time. So be hard working and smart at the same time, keep updating yourself with the changes and be adaptable for the same.
To brief out job opportunities, prepare for data analytical jobs, data scientist, financial adviser, financial expert and many other high skilled jobs or you should become the perfectionist in any of the field, you have a passion for so that people will not able to look for an alternative in front of you.