If you find yourself suddenly in need of quick cash and you don't have the credit score required to get a traditional loan, then you will want to look for other ways you can get cash fast. This article will introduce you to some of the options you have available to you that won't require you to pass a credit check.
Get a personal loan
You can seek out a personal loan from someone you know. However, this will depend on you knowing someone that has instant access to the amount of money you need. It also requires them to be willing to lend you the money and it can put you in an embarrassing position. Keep in mind, borrowing money from a friend or family member can also cause problems with your relationship if something goes wrong.
Get a payday loan
A payday loan only requires you to have a job and a bank account. In order to obtain the loan, you will write a postdated check to the payday loan company and sign a contract promising to repay the loan amount by a certain date. If you don't pay the loan off by the date you agreed to, then the company will deposit the check into your account in order to get their money back.
Get a title loan
Another way to get money fast with bad credit or no credit is to get a title loan. This will require you to bring your car to the title loan company so they can inspect it to make sure it is in good working order and in your possession. You will also need to bring the title to the car which they will keep until you have paid off the total amount due on the loan. With this type of loan, you will be able to keep your car in your possession. However, if you default on the loan, then the car becomes their property.
Get a loan on your jewelry
You can also take out a loan using your jewelry as collateral. The company will give you a loan that's good for the base worth of your jewelry and hold the jewelry for collateral. If you don't pay the loan on time then you will forfeit the jewelry to them so they can sell it to recoup their losses. In order for your jewelry to be considered for a loan, it needs to be real.
Now that you have an idea of some of the ways you can get your hands on money fast when you have bad credit, you won't have to worry so much. Visit http://solsjewelryandloan.net/ for more information on this option.