There are probably going to be many times in your life where you need to get some cash quick. It might be to help pay some bills, or perhaps an emergency came up that requires some financing, or it could just be a temporary matter of convenience between paycheques. But regardless of the reason, knowing in advance how to get this cash can make sure that you aren’t stressed out more than necessary.
Five of these quick-fix ways that you always have in your back pocket include getting short-term loans, getting payday loans, using some of the extra balance on your credit card, selling some of your excess stuff on eBay, or even taking in some of your clothes to exchange for money at apparel shops.
One of the most efficient ways to get cash quickly is to get a short-term loan. And specifically, there are a number of companies that can work with you not just to have to pay back a lump sum, but rather to pay back on a plan that has a little bit more flexibility built in.
If you are okay with the lump-sum concept though, using payday loans is in applicable solution as well. The only trouble with this method is that sometimes people will get caught in the payday loan cycle because they end up spending more than they can truly afford, rather than just using is is a method to make ends meet while finances get caught up with overall timing. Payday loans should be used as a bridge, not as an actual income source, so be sure to handle them wisely to avoid the crazy fees associated with some of them.
Credit Card Use
Even though you know there will be some interest tacked on both in the long- and short-terms, using your credit card in the event of needing cash quick won’t be the end of the world. The trouble will only come if you don’t make a concerted effort to pay it back as soon as possible.
You’d be surprised how much money you can make on eBay if you pay attention to trends and understand how to market your items. And with the way that payments are set up, as long as you have an account in good standing, though it might not be instant, getting cash quickly using this method is still something millions of people do.
Clothing Exchange Companies
And finally, especially in larger metro areas, there will often be some type of clothing exchange store where you can sell your old threads, so long as they’re still in good shape. If you go through older dress clothes or name brand stuff especially, it’s very easy to get some money from their sale.