Finding Emergency Cash Loans: Where To Look

Emergency cash loans can come from various sources. An emergency cash loan helps an individual meet an unexpected expense or other emergency such as an unanticipated auto repair or medical bill. Finding sources for emergency cash loans can be as close as asking friends or family members to seeking a loan from a bank or lending institution.

Friends and Family

Friends and families should be a first line of support to contact regarding an emergency cash need. They tend to be more sympathetic toward your needs and may be able to provide you with a loan at the most favorable rate. If this resource is not available to you, other sources that can be tapped include credit cards, a home equity loan or line of credit and an unsecured loan.

Requirements for Bank Loans and Other Sources

Emergency cash loans that come from sources other than family members will require interest charges and your ability to qualify for the loan based on your creditworthiness. An unsecured loan should be considered the top of the pyramid as an emergency cash source if all other sources are unavailable to you.

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