Today everything is expensive. Even a loaf of bread at the bakery costs us a nice USD, not to mention the electricity bill, the water, clothes, gasoline for the car and so on. At the end of the month, all these costs can weigh heavily on a family, which is why it may happen that you are urgently looking for a little extra capital. This situation was also noticed by the financial world and it was not long before a few proposals were put on the table to bring new credits to the market. However, by definition, you are not immediately dependent on taking out a loan when you have a difficult financial moment. We are happy to list the most important options for borrowing money quickly in this article.
Request a bad credit loan online and get $1000 today
A well-known way to get money quickly is the so-called bad credit loan by Plus. Over the years, there have been several variants of this credit on the market, but we will ignore this in this article. With this credit, it comes down to being able to borrow a relatively small amount in the short term. What do we mean by relatively small? In theory, it should be possible to take out a flash credit for an amount of up to around 750 USD. In practice, however, the maximum loan amount is 500 USD in most cases. If you apply for a bad credit loan and you have completed the application procedure, the requested amount may already be in your account within 24 hours in certain cases. This sounds great of course, but what is the opposite of all this beauty? A hefty price tag… The law may forbid us from charging usury, but with this credit this is easily solved by not charging interest, but a so-called entry fee. Hold on tight, the entry fee can sometimes amount to 20% of the loan amount! This means that if you are going to borrow 500 USD, you can pay back 600 USD within the 30-day period.
Request an advance on your wage
No form of borrowing, or is it? Opinions are divided, but an advance on your wages can offer a way out of a temporary financial dip. You simply go to your employer, explain that you are temporarily in financial difficulties and ask whether for that reason it is possible to get an advance on your wage for next month. Although an employer is of course not obliged to allow this, asking never hurts. However, here too you must take into account some incidental factors. In the first instance, the employer will never just award this. A certain cost will be deducted because (part of) the wage will be paid earlier than initially intended.
In addition, you must also bear in mind that you will have to cope with a considerably lower income the following month. Therefore, always ask yourself first whether in this case you can still make ends meet with your salary in the following month. If you notice that it will not work out, then asking for an advance on your wage does not make any sense at all. After all, you cannot go to your employer every month.
Borrow money without review at the BCR
If you wish to take out credit in the Netherlands, the financial institution in question is obliged to do a so-called test at the BCR. If you have a negative coding at the BCR, then that goes without saying in your favor. Checking your coding often takes more time than you would like, but there is a simple way to avoid this. Various lenders, for example, are not affiliated with the BCR and are therefore not obliged to perform this assessment. Think, for example, of energy suppliers or department stores. You can save a lot of time by turning to these companies, but keep in mind that credit remains a credit with them and you must be able to repay it within the specified term.
When you have a portfolio with securities, it is fairly easy, but above all very quickly possible to obtain a loan. You go to the bank with your securities portfolio (virtually then), discuss the desired credit and the corresponding amount and that is it… With a securities credit, no other guarantees are requested than the securities themselves and also an audit with regard to the financial situation of the person in question is not necessary. This naturally saves a lot of time while you can count on the security of a good credit from a reliable party.
Be careful with impulsive decisions!
Just reading this article indicates that you are urgently looking for a certain sum of money. In all situations, you must try (no matter how difficult that may be) to keep a cool head. Do not take impulsive decisions and please work with reliable parties. Finally, remember that credit is never free and you will always be saddled with additional costs that you will have to pay back within the specified period including the full amount borrowed.