When You Need Cash Fast
Are you someone who needs a cash advance, but doesn’t really want to spend the money? You’re not alone; lots of people fall into the same situation. We all need some extra money between paychecks, but with unemployment on the rise, paying for those necessities seems impossible. Here are a few reasons why you may need to get a cash advance, but don’t want to use a traditional bank.
*Books and supplies – Have you ever run out of something or couldn’t find a certain book that you badly need? It happens to the best of us occasionally. If you do need to borrow or lend money for any reason, you’ll know you can count on your pay day.
* Meal money – Are you going on a trip or will be away from home for an extended period of time? If you need cash for a short period of time, a visit to the grocery store or local fast food restaurant is only a few bucks away. However, if you need to go out and eat for two, it will cost you more than the couple of bucks it would have cost at home. To help ease the pressure, have a friend or family member pick your meals up for you. If you have someone else help you out once in a while, you won’t feel the pinch as much.
* Transportation – Are you going somewhere during the week that is a bit far for your paycheck? Can you take public transportation or will you have to take cabs? Public transportation can be expensive and it can also be a hassle when you need to go back home. Cabs can be hard to hail, so unless you want to pay for someone to come and drive you around, a bus ticket might be a better solution. The downside is that you’ll have to pay more than if you would have taken cash and walked to the bus stop yourself. Neither option is ideal, but they do have their positives and negatives.
* Emergency Needs – When you don’t have cash to cover an important expense, what do you do? Banks often offer lines of credit, which are great for those times when you absolutely need to have some extra cash. There are also lenders who do lend money on payday. These companies might require you to pay a higher interest rate, but it could be the best option when you need cash very quickly.
For many people, having a pay day loan isn’t enough. They may need cash to pay for gas, stop by the store, or buy something you need right now. In these cases, having a co-signer is advisable. This way, you won’t put your car or home at risk if you can’t pay your bills on time.