Invest Wisely

Social Security Loans For People With A Disability

by Ryan Kinnar5 min read
Facts about social security loans

Having a disability is a challenge because you are not able to do a lot of things that other people can do and it can also be quite tough to deal with the different challenges in everyday life. One of the challenges that you probably encounter is the need for immediate cash to pay for your personal needs such as living expenses, medical bills, and other short-term and special needs. There are different personal social security loans for people with disability to help finance your needs.



Social Security Loans

It takes time for the Social Security Administration or SSA to review and approve the disability claim of individuals with disability. For disabled individuals who are in need of immediate cash for personal needs, there are other ways of obtaining temporary financial assistance while waiting for the decision of the SSA regarding their disability claim. Social Security can come up with an emergency loan that is a month’s worth of benefits to those people who qualify for disability through the presumptive disability of SSI. People with disabilities who can prove that they are really in extreme need of money for their basic needs such as for food and shelter can qualify for this emergency loan. This is an advance payment that acts like a loan and should be paid back with the presumptive disability checks from SSI.


SSI or Social Security Income is a cash benefit that is given on a monthly basis to disabled or blind individuals who have a low income or low assets. This means that their disability is preventing them from working to support themselves financially and they may recieve social security loans. Applying for SSI disability benefits takes a long time for processing. For this reason, the SSA has come up with temporary benefits for individuals with certain disabilities which are called presumptive disability benefits. These benefits are available for the first six months while the SSA processes the disability claim.


These are social security loans
You have several options when it comes to social security loans


Presumptive Disability

Presumptive social security disability loans provide support to individuals with disability while waiting for the SSA to complete the review of their file and disability claim. There are certain conditions that have to be met in order for the SSA to grant presumptive disability or advance payments. If one wishes to get social security loans first of all, the individual should prove that he/she has limited income and financial resources that is in accordance to the standards set by the SSA. Secondly, the individual has one of the following disabilities that are qualified for claiming presumptive disability:


  • Total blindness
  • Total deafness
  • Cerebral palsy
  • Down syndrome
  • Severe mental retardation
  • AIDS or symptomatic HIV infection
  • Amputation of both limbs or of just one leg at the hip
  • Stroke of more than three months and with difficulty walking or using the hands and arms
  • Terminal illness with only six months or less to live
  • Bed confinement with required use of crutches, walker, or wheelchair because of a longstanding condition
  • End-stage kidney disease that requires chronic dialysis
  • Spinal cord injury with difficulty walking without a walker or any similar device
  • Muscular atrophy or dystrophy with difficulty speaking, walking, or using the hands and arms
  • ALS or amyotrophic lateral sclerosis
  • Low birth weight



The presumptive disability SSI benefit can last up to six months. The presumptive disability benefits will end once the SSA comes up with a final decision with regards to the disability claim of an individual. In case the SSA still hasn’t come up with any decision with regards to the disability claim in a span of six months, then the presumptive disability benefits will stop. In the event that the SSA denies a disability claim, the disabled individual is not required to pay back the money that he/she received from the presumptive disability benefit.