5 different ways to borrow money within a day or two.
Life is full of surprises, and sometimes you need to borrow money just to get by. Most of us encounters a financial emergency at least once in our lives… And we don’t always have the cash in-hand to cover the expense. The good news is that there are many ways to borrow money fast. Read on to find out.
Loan from smaller banks
You could visit a regional or local bank who are willing to lend you the money you need. Smaller banks may be a little more flexible with plan approvals than the larger banks.
Credit card advance
Most credit cards will let you instantly withdraw cash at an ATM or bank, that is, if you have credit available to tap. While it sounds tempting, you’ll have to pay a transaction fee plus interest at a rate which is usually higher than the card’s regular annual percentage rate (APR).
Paycheck advance from your employer
Your employer may offer you the option to be paid ahead of schedule. You repay the loan by deducting the loan amount from your next paycheck. Terms may vary for a paycheck advance: some employers charge a fee or limit how frequently you can request an advance.
Loan from friends or family
It might be awkward to ask, but borrowing money from friends or family is one of the safest options. Both parties can set a fair interest rate, put the agreement in writing, and establish a formal payment plan, including due dates and late fees.
Personal loans from online lenders
Online lenders are stepping in to fill the gaps where traditional lenders are unable to offer services. Some online lenders will offer loans to those who have fair or poor credit. This can give you a chance to rebuild your credit while getting the money that you need.
How to borrow money online from SpotMe
SpotMe is here to offer you instant solutions to get you out of any last-minute financial jams. Get cash in a day – no judgement or credit checks. Just money in the bank, fast and hassle-free! Here’s how:
If you are at least 18 years old and an Australian Citizens or hold a Permanent / Temporary Residency, you are eligible to apply. You need to have an Australian bank account into which your salaries are paid. Along with having a mobile phone in their name. Loan decisions are available instantly, 24 hours a day, and you can get your money in as little as one business day.