Ways to get your hands on some cash fast
If you are in need of some cash but your next payday is too far away to be able to hold out, then do not worry as there are some things that you can do in order to get your hands on some cash quickly.
Seek forbearance on household bills
For household utility bills like water and electricity etc., you are well within your rights to ask the provider if there are any options to either delay your payments, have the payment period extended, or to have the interest rate on late payments reduced so that you can pay them and continue to keep on paying them in the future. In order to avoid late payments and being subject to potential fines and interest rates, do whatever you can to get some money together and pay your household bills on time.
Let out a bedroom
There are numerous different websites, such as Airbnb and VRBO, where you are able to let out any spare bedrooms or even full houses if you have any. This can be particularly lucrative if you are located in a desirable area, such as at the coast or close to a major city center. It is important to be aware that you will pay a service fee for this. Before doing this, you will need to check that this is something that you are allowed to do.
Pawn your personal belongings
Although pawn shops do not offer the best value for money, they are a quick way of getting your hands on some much needed cash. You either have the option of selling your personal belongings to the shop and getting cash for them, or the shop can give you the cash and then you have the option to buy your personal belongings back – at an increased price of course. While they may not give you a fair market price for your personal belongings, it is a better option than racking up credit card debt or than having debt collectors knocking at your door.
Ask for an advance from your employer
Some employers will allow you to get a cash advance without incurring any sort of fees or costs. The money will then be deducted from your subsequent pay slips until the debt is cleared. In addition to this, some employers also provide their employees with loans that are typically low cost for any of their employees that find themselves in a difficult financial position.
Get a cash loan
For those people that have a good credit rating then there may be many options available to them when it comes to applying for personal loans. However, if you are someone that does not necessarily have a very good credit rating, then getting a seed cash loan is a viable alternative. Getting a cash loan means that you will have money in your account very fast, so it is the perfect option for when you are in desperate need of some money.
