How to Get Cash When There's Nowhere Else to Go
December 29, 2020 | Peyton Sawyer
Life can be unexpected at best and cruel at its worst. COVID 19 has taught us how the most unpredictable events can disrupt our lives and force us into a corner. Financial emergencies such as sudden hospitalization, medical bills, or car and home repairs can really put us in a bind and in need of urgent cash.
Traditional lenders require time-taking paperwork and extensive credit history. In the absence of both it might seem like your options are limited, but in reality, there are still some avenues that you can pursue. Here is how to get cash when there’s nowhere else to go.
Sell Your Car
If you really need urgent cash then you always have the option of selling your car. But realistically this should be the last option on your list, since you might end up selling an essential asset too cheap out of desperation.
Get a Credit Card Cash Advance
If you have a credit card, then you can always take out a cash advance by simply using it at an ATM. However, accessing cash through credit card cash advances are extremely short-term in nature as fees start accruing as soon as you use it.
Ask Family and Friends
No one likes the idea of asking their friends and family for money. And for good reason, mixing money and relationships does not always end well. If push comes to shove, and you feel like you have no choice, just remember to not take it personally if someone says no.
Get a Title Loan
If you have a car then you can always consider getting a title loan. Title loans are short to medium-term in nature and provide up to $15,000 depending on your vehicles condition and your ability to make repayment. Be applying, be sure that your car is in your name and lien free, meaning that there is no claim against it. You can even qualify if you have a poor or non-existent credit history.
Title loans are quick and easy to acquire, all that you’ll need is your car’s title, state ID and your vehicle for inspection.
Get an Installment Loan
If you do not have a car, you can try an installment loan. These loans are unsecured, meaning there is no collateral held against them. They are perfect for people who have a poor credit history and need a longer time to pay back the cash they borrow.
With installment loans, you will know how much you need to pay every month or fortnight in advance.
Get a Carolina Payday Loan
If you urgently need a short-term loan and do not have a car that can be held as collateral, then the next viable option would be a payday loan. Payday loans are essentially an advance on your salary. With this type of loan, you are expected to pay it in full when you receive your paycheck, which can be 2 weeks or a month. In order to get a payday loan, you need to be employed, have a State ID and an active bank account.
Benefits of Online Payday Loans
Easy Access and Fast Payment
Payday loans are easy to acquire and guarantee cash payment the very same day. With Carolina Payday Loans, the whole process is very easy and takes about half an hour. After you fill out an online application and your loan has been approved, the cash will be promptly transferred to your account. There are no lengthy requirements or extensive paperwork, and you can expect to get up to a maximum of $550.
No Credit Checks
If you have been behind on your credit card payments, then do not worry because with fast payday loans you do not need a strong credit history. Credit checks are not required and no credit history is accepted. Also, all types of incomes are acceptable for payday loans.
No Need for Collateral
Another benefit of a payday loan is that it is unsecured, meaning that you are not required to secure the loan with collateral.
How to Acquire a Payday Loan
In order to get a payday loan, you can either visit a store or you can simply request it online. Here are the steps to get one:
- Search online for Carolina Payday Loans
- From the options available, click CarolinaPaydayLoansInc.com to find a lender that best suits your needs
- Visit their website and fill out the online form
- Once you have applied, a representative will call you and ask you to visit a payday loan place near me
- You will have to bring your driver’s license or state ID, your latest salary slip, and a blank check from your bank account
- The representative will check your documents and let you know the loan amount you are eligible for
- Once it has been approved you will get the amount deposited in your account the same day
The whole process should be finished in under 30 minutes.
In conclusion, when you feel as though you have nowhere to go when emergency cash is needed, you are not alone. There are several fast cash options available to you, and Carolina payday loans is one of them.