Real Men Ask for Help: How to Get a Quick Loan

You may feel that asking for help is a sign of weakness or failure. However, it is much better to ask for help instead of finding yourself homeless or in the dark because you can’t pay a bill. What options may be available to you if you are in the market for fast funding?

Apply for a Payday Loan

Payday loans can be as little as $100 or as much as $1,500. Some lenders will offer larger loans based on your needs and ability to repay. Smaller loans may be perfect for paying a gas or electric bill, while larger loans are ideal for when you need to make a car payment or pay an emergency medical bill. Payday lenders can have money in your account within hours of receiving and accepting your loan application.

Do You Own Your Car?

If you own your vehicle, you may be able to use it as collateral for a car title loan. Like a payday loan, you can get hundreds or thousands of dollars in a matter of hours after your loan request is approved. However, car title loans may be best for those looking to keep their borrowing costs down. While the lender has a lien on the title during the loan repayment term, you retain possession of the asset and can use it however you please. If you have access to your own business vehicle, you can also apply for commercial vehicle title loans.

Online Personal Loans May Be Approved Quickly

Borrowers with average to good credit may not want a payday loan or any other loan that doesn’t require a credit check. Even if you need money quickly, an online personal loan may help you out of your jam while keeping interest rates under 10 percent. Online lenders generally offer lower rates because they have less overhead than traditional banks.

Apply for a Credit Card

Credit card companies may allow you to apply for a card online and get an instant approval for a line of credit. Most cards allow new customers to pay no interest for up to 21 months, and those with poor or average credit may be entitled to such a card. However, those with limited credit may get a lower credit line or be required to pay an annual fee.

Take Money Out Of Your Retirement Account

It may be possible to have a withdrawal from an IRA or 401k wired directly to your bank account. This allows you to get the money you need at an interest rate of between 1 and 5 percent. However, if you decide to take money out of a retirement account, you could be forced to repay the loan in full if you get fired or quit. Any money that is not repaid according to the loan’s terms could be considered taxable income by the IRS.

Pawn Anything of Value That You Own

If you have a gold coin, an autographed football, or a rare piece of art, you may be able to sell or pawn it. Pawn shops allow you to borrow money using personal assets as collateral. You typically get the money as soon as you agree to a price for the item, whether you pawn or sell it.

Anyone can find themselves facing a situation in which they have more money going out than they have coming in. Therefore, it is important to know where you can go for fast cash if you are ever short on the money needed to pay rent or any other bills that need to be taken care of today.

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Emma

Emma covers dating and relationships for Unfinished Man, bringing a witty woman's perspective to her writing. She empowers independent women to pursue fulfillment in life and love. Emma draws on her adventures in modern romance and passion for self-improvement to deliver relatable advice.

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