Are you trying to figure out how to get your hands on cash when you need money now? Read this article to learn more about getting money you need.
Did you know over 10 million people lost employment in April alone due to the ongoing pandemic? This affected mortgages, schooling, pending lawsuits, businesses, and more.
If you also fell into tough times and you need money now, don’t panic! There are solutions still available.
Discover different methods of earning when you need money fast with our guide below.
- Pawn Something
The most common solution when you need quick cash is to pawn something of value. Traditional pawnshops only accept jewelry. They’ll lend money for genuine gold, diamonds, and silver.
However, you may find pawnshops that also accept gadgets or car titles. Of course, if you don’t pay the loan back, this means they’ll claim your car or device.
Keep in mind that pawnshops impose high-interest rates on certain items. They also evaluate items before lending money. You might not get enough for what you’re willing to pawn and you’ll suffer penalty fees and interest charges for late payments.
- Offer Services for Quick Cash
Get on sites like Upwork, Fiverr, Freelancer, or even Craigslist to offer your services. Make a page on Facebook or Instagram and start selling your talent or skills. You could earn by doing work from home.
The sky’s the limit when it comes to what you can offer. You can get be a musician for hire, a freelance copywriter, an editor, or an online tutor. You can work as a virtual assistant, an online tour guide, or as a web designer.
You don’t have to stick with online work either. You can offer services as an Uber driver, a babysitter, pet sitter, or house caretaker.
- Cash Advance Loans
If you’re looking for quick ways to get money but can’t go out for a quick job or you don’t have something to pawn, consider getting a cash advance loan.
As the name implies, it’s a cash advance, meaning the lender expects you to pay by your next payday. Otherwise, you’ll pay high penalty fees and interest charges. These high fees help guarantee you won’t push paying off the loan.
Do you need a good credit score to qualify? Most of the time, you don’t. Lenders simply require proof of income to verify you can pay the loan as soon as possible.
- Sell Online
Do you have a lot of things you no longer need or use?
Instead of pawning them off, sell them instead. You can always hop on Craigslist, eBay, Etsy, or even Amazon to sell second-hand items. You can even sell on Instagram now.
Of course, if you need money now, you’ll have to do your best to advertise the items online so they sell quickly. Get on Facebook, Instagram, and other platforms to show off the items and get some buzz.
Try These Steps If You Need Money Now
If you need money now, these four options are some of the best solutions available. Getting a cash advance loan, pawning, selling, or doing quick work can help you out of a financial bind.
Of course, these aren’t the only financial strategies to check out. If you want more financial advice or general tips and tricks, we invite you to go over more of our content right here, today.