Do You Need Money Now?
We are currently living in some crazy times, and whether you may need help paying bills ASAP or you need money now for any other reason, you have some options.
You also shouldn’t feel alone in your situation. Just under 80% of the people in America live paycheck to paycheck. Furthermore, a little less than half of Americans couldn’t come up with an extra $400 cash in the event of an emergency! Most Americans just aren’t able to save money.
If you are suddenly facing an expensive car repair, an accident resulting in medical bills, a major home repair or any other surprise expense that simply must be taken care of immediately, you must act right away. You don’t have time to wait for a bank to look at your credit report, run your application through processing, or wait for a friend or family to decide if they want to loan you some money.
When you need money now, short term payday loans, installment loans online, and emergency loans are a quick option that can help you avoid any lengthy underwriting procedures and get back on track with your finances. If you’re not sure how to go about finding money fast with a loan that covers what you need with an affordable payment, here are some pointers to help you qualify and get the best possible terms based on your situation.
Yes, I Need Money Now. What To Do:
It’s common to panic and lose some sleep when you’re suddenly facing a financial emergency. Knowing there are options to help can save you a lot of stress. A good starting place is to find a lender you can trust who can process your application and give you a decision immediately. It is very unlikely that this will be through your bank or credit union.
Also, if your credit has a few hiccups, you probably won’t want to waste time and possibly more money trying to get approved through a traditional bank. They typically have stricter requirements for approval. Instead, you’ll want to find an online lender who specializes in bad credit loans and can get you approved quickly.
– How can I get money now?
There are a few options including borrowing money from friends, selling things around the house online or at a pawn shop, or applying for short term loans online through a website like INeedHelpPayingBills.com. If you truly need money ASAP, the online personal loan may be the best way to go. You may want to consider other options since short term loans often times have higher interest rates, but in an emergency, they can be the fastest way to get money in your bank.
– Where can I borrow money ASAP?
If you don’t have time to research your options or wait for other people to decide if they can or will help you, you can borrow money through INeedHelpPayingBills.com. They work with a huge network of over 100 lenders who can you get you approved in minutes and the money direct deposited to your checking account by the next business day.
– How can I make some quick cash?
There are TONS of ways to make some cash real quick. It really just depends on how much effort you want to put forth and how quickly you need the cash. You could get a 2nd part time job, sell stuff on ebay or apps like 5miles and OfferUp, have a garage sale, take some stuff to a pawn shop, just to name a few. However, if you don’t have the time or energy to do any of those things, you can always fill out a quick online application with INeedHelpPayingBills.com and get a short term personal loan.
Online lenders for short term loans online are typically more lenient than traditional banks and credit unions. They’ll approve loans for people with bad credit whereas banks usually won’t. However, while getting online personal loans for bad credit can be a good option, there are still some basic qualifications that must be met, which will vary state by state.
– Must be 18 or over
– Must show proof of U.S. citizenship or permanent residency (driver’s license or other form of ID)
– Must show proof of employment
– Must have a checking account
How the Process Works:
1) Fill out the secure and easy online application, which should only take about 2 minutes.
2) After submitting your application, you will get a decision pretty quick. Usually less than one minute. Your application is presented to over 100 lenders electronically, so this process is pretty quick.
3) If you are approved, you can immediately review the loan terms and decide if it will work for you. Then simply electronically sign the loan agreement and the cash will be sent directly to your bank account.
4) Lastly, just start making payments on your loan based on the terms you agreed to.
Once again, online loans are a great option when you need help paying bills asap or to take care of any other emergency so you can get back to your normal life.
Reasons to Get Money Now:
Obviously, nobody ever wants to be faced with a financial emergency. However, if you don’t have a savings built up and/or you’re living paycheck to paycheck, you may find yourself in a sticky situation at any time. You could slip and fall, cut yourself while preparing dinner, get hurt in a car accident, or get injured in any other way. You could also get food poisoning, pneumonia, or a bad infection and have to go to the emergency room. You may have health insurance, but if you have a high deductible and/or a coinsurance payment, you may suddenly have a big medical expense that you don’t have the cash to pay. Or maybe you simply want to consolidate a bunch of small debts in to one payment to make it easier to pay off debt.
Sometimes, you just can’t catch up on your bills. If you have an expensive electricity bill during the peak summer or winter months, it may be more than what you budget for. There could be all kinds of reasons you may have had bigger expenses one month that threw you behind on the rest of your bills. If you need help paying bills asap, a short term loan online may be the best option for you.
If you count on your vehicle to get to work, the grocery store, and anywhere else, you may encounter unexpected repairs that need to be fixed immediately. If you have a warranty, these repairs could be covered. Or, you may be faced with a mechanic bill you weren’t prepared for that you can’t pay. If you need to purchase a new or used car, there are lenders available to help you get an auto loan online, even if you have bad credit.
There are millions of reasons why you might unexpectedly need money now. The good news is, you have options.
Take Action, Be Responsible:
Make sure you get the best terms possible if you are going to apply for a personal loan online. Having your safe and secure application presented to a network of over 100 lenders is a great way to make sure you get the best loan possible. The lenders will be competing for your business.
In some cases, secured credit cards with no credit check might sufficiently meet your needs. However, if you need actual cash in hand with more control over your debt, a personal loan is probably a wiser choice.
Also you will want to make sure you review and understand the loan agreement so you will have the proper expectations for what your obligations will be. You’ll want to make sure you can repay the loan or you could wind up digging yourself in to a bigger hole. That being said, if you do your homework and review your budget, you may find that getting a short term personal loan can solve your financial emergency quickly. What a great way to reduce your stress and put an emergency situation behind you when you need money now!
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Mike Lombardi, MBA
Personal Finance Expert
Mike Lombardi earned his bachelor’s degree in Finance, as well as his MBA in Economics. He has been in the personal finance industry for 24 years. He spent 12 years working for a large bank as the loan operations manager before switching gears and managing client portfolios at a small wealth management firm. He enjoys helping people develop and implement a personal budget, formulate a strategy to improve their credit scores, and show them how to work towards becoming debt free by designing a debt reduction plan unique to each person’s situation.