4 Quick Ways to Borrow Money Fast
Having a financial emergency? It can happen to the best of us. Sometimes, the unexpected happens and we need more than what's available in our rainy day fund. Fortunately, you have a number of options if you need to borrow money fast.
#1. Credit card cash advances - Credit cards, if you have them, are one quick and easy way to get a cash advance. Tapping your plastic in an emergency is always an option, but be aware of your interest rate, cash advance fees and any penalties that may be applicable.
#2. Borrow from the "bank of friends and family" - Another option is to ask your friends or family for a loan. You probably don't want to make a habit of it, but they would likely be your most inexpensive option for borrowing. Be careful, though, and make sure that you can repay them in a timely way, because nothing is worse than losing friendships or distancing yourself from family over money matters.
#3. Negotiate a payment plan with your creditor - One possibility you may not have considered is taking into account who you owe the money to and asking to arrange some sort of financing or payment plan with them. Depending on your circumstances and credit history, they may be able to accomodate you.
#4. Online payday loans - Last but not least, another popular source of quick money are payday loans, particularly online. When you use an Internet lender, you'll retain your anonymity and be able to access your cash fast. Most online lenders will be able to directly deposit the funds into your banking account.
If this option sounds enticing to you, you've come to the right place. We've partnered with lenders in nearly every state to help you out.