Sometimes, it simply doesn’t matter how much you work or how hard you try, you can find yourself in a financial bind. Maybe you’ve been sick and missed work. Maybe your car has broken down or your child needs a new pair of shoes. Or maybe your child broke their arm and you don’t have insurance.
When you find yourself in such a situation, you need a way to get some quick cash. Fortunately, you have a few options to do so, including those below.
If your credit is in pretty good shape, you might qualify for a personal loan. Several factors go into determining your qualifications, including your level of income and how long you’ve been working. Unfortunately, not everyone has the credit to qualify for a personal loan. And it can take a few days to receive the loan. So while this is a viable option in some instances, it might not be best for everyone.
Pawn Your Title
If you own a vehicle that’s in good enough shape, an auto pawn might be a better choice. The company loans you money against your title and you keep driving your vehicle. When you repay the loan, you get your title back. In most cases, you can receive the loan money on the same day you pawn your title.
Pawn Other Items
Have a guitar or electronic device lying around? How about old tools? Pawnshops will loan you money for items that their customers typically shop for. When you repay the loan, you get your item back. If you don’t repay, they’ll sell your item. If you have a valuable item, you can walk out the same day with cash in your hand.