Top 5 Emergency Repairs That Require Same-Day Cash

Written By June Mckaig

Published on October 16, 2020

Life is unpredictable, and you can never know when you're about to be hit by an unexpected circumstance. Even the most penny-pinching ones among us, at some point, face surprise financial emergencies that require quick cash. Here are the top 5 emergencies that require cash on the same day and here’s how to find "payday loans near me" for when your savings account isn’t quite large enough to handle the cost.

1. Medical Emergency

Medical emergencies can happen at any time, and when they do, they can be quite overwhelming to cope with. Moreover, medical emergencies are usually non-negotiable. There's no other way out when it comes to medical issues. This is why if you're suddenly faced with a high medical bill, there's not much you can do apart from paying it. If you or a loved one has to undergo a procedure that requires same-day payment, you'll have to find a way to finance it. This is especially if the injury requires urgent care, or if the patient needs to be admitted to a hospital.

Moreover, patient aftercare is usually quite expensive. In more serious medical cases, patients may need a nurse to care for them until recovery. In other cases, medicines and equipment may also eat at your wallet.

2. Car Accident

Car accidents are another circumstance wherein having disposable cash will work in your favor. Whether you've totaled your car or crashed into someone else's car, it's important to get help as soon as possible. Even in less serious circumstances, such as your car making a funny noise, or smoke releasing from the hood, it's recommended to get expert help immediately.

Unfortunately, maintaining a car is usually quite pricey. Depending on the make and model, the type of gas the car runs on, and other considerations, it's usually a good idea to create a separate budget for your car-related expenses. This can be helpful in managing your finances.

3. Unexpected Unemployment

Being unemployed is hard, but it's even harder when you don't see it coming. Unexpected unemployment can not only dampen your spirit but it can set you back considerably in terms of your finances.

It's important to note that regardless of your performance or your current status within a company, you can lose your job at any time. This is a useful reminder, especially in unprecedented times.

4. Emergency Travel

Traveling for whatever reason— be it a special occasion or a business commitment — is usually quite costly. Flight tickets, lodging, and currency exchange rates are just some of the reasons why. So, if you're planning on taking a trip abroad, it's important to keep track of your expenses.

5. Home Repair Services

Maintaining a house is a never-ending process that requires time, effort, and patience. And when things start acting up, it's never pleasant. If your household appliances, water services, or gas start acting awry, you may not be able to solve the issue yourself. When it comes to big appliances and utilities, it's always recommended to reach out to a professional rather than try to fix the issue yourself. However, doing so is usually not very easy on the wallet. When your wallet can’t absorb these costs, you probably find yourself wondering how you can go about finding fast financial relief.

Same-Day Emergency Cash Through Payday Loans

What is a Payday Loan?

A payday loan is a short-term loan option type that you can secure by providing your proof of income. It’s an unsecured loan, which means you don’t have to offer something up for collateral in order to secure up to $550 in the state of South Carolina. Borrowers receive cash immediately after completing a short application and are able to sustain themselves until their next paycheck. Because payday loans are based on your income, your credit score doesn’t matter.

fingers walking up stacks of coins

How do I Apply for a Payday Loan?

Applying for payday loans near me is easier than applying for a traditional bank loan or credit card and the process can be started online with you filling out a short form that will ask you to input your contact information. Don’t worry about searching for payday loans near me because you’ll be able to choose your nearest store location.

After submitting the form, a loan representative will contact you with the next steps of the process. You’ll be asked to supply a few key pieces of information that will help determine how much money you’ll receive. This list of required items for a payday loan includes:

Your driver’s license
A blank check from your bank account
Your most recent pay stub

The process is that simple, straightforward, and the funds are deposited into your bank account on the same day! Emergencies strike us all and when you need payday loans in South Carolina, searching for "payday loans near me" can get you the funds you need at the last minute.

Note: The content provided in this article is only for informational purposes, and you should contact your financial advisor about your specific financial situation.