Are you in need of money right now? Whether you need to cover an unexpected expense or just want to make a purchase, there are several ways to borrow money quickly and easily. From personal loans to cash advances, here are some of the best options for borrowing money fast.
Personal Loan from an Online LenderOnline lenders are a great option for those who need money fast. Compared to traditional lenders, such as banks or credit unions, online lenders offer a more comfortable and faster application and funding process.
With a fully online form, you can fill in your details and get an immediate decision. Make sure you have your email account and mobile phone handy for any additional questions and you can get your loan funded as soon as possible.
Cash Advance by Credit CardIf you have a credit card, you can use it to get a cash advance. This is a great way to cover expenses until the next paycheck.
However, it's important to note that cash advances usually come with high interest rates and fees. To avoid accruing interest, consider using a credit card with a 0% APR to pay it back. These credit cards usually offer an initial period of 12 months or more in which you won't be charged interest on your monthly payments. Payday Loan AppsPayday loan apps are another great option for those who need money quickly.
These apps allow you to borrow money before the next payday and usually come with high annual percentage rates (APRs). To make borrowing money as cheap as possible, check what types of discounts lenders offer and consider the interest rates and fees you may be charged. Personal Installment LoansPersonal installment loans are often available to borrowers, even if they don't have perfect credit scores. Repayments on your loan are made in equal monthly installments, from 1 to 60 months, and the money is automatically collected from your account.
To make sure you're getting the best deal possible, check what types of discounts lenders offer and consider the interest rates and fees you may be charged.
Tell me AlleyTell me Alley is an online lender that offers loans within 1 hour, the same day or the next business day. Make sure you have your email account and mobile phone handy for any additional questions and we can try to get you to finance your loan as soon as possible.
ChimeChime is an app that allows customers to borrow money without bank fees.
Instead of imposing bank fees on its customers, Chime makes money with the fees that merchants are charged for each debit card transaction. This is an unsecured loan with monthly installments, offering borrowers with bad credit greater amounts of money and longer repayment periods than payday lenders.
EarninEarnin is an application that allows you to apply for a loan with your next paycheck quickly without commissions or interest payments. With this app, you can transfer money from the credit account to your checking account at an ATM or online.
DailyPayDailyPay is another app that allows customers to access their earned wages before their next paycheck arrives. Unlike other prepayment apps, the money you transfer with DailyPay doesn't need to be returned, it's money you've already earned.