How To Get Loans Easy!

Need to get cash fast and don’t have a lot of time?

We’ve all been there. Sometimes you run into emergencies that require a huge amount of money. Mortgage is coming up and you need to save your home. Or maybe you’re in the right moment for an investment but don’t have the down payment.

Easy loans are available for those who need quick cash right now, but not all of them are equal. Some have high interest fees, while others have exorbitant loan costs and fees.

Here are the top loan choices that offer great convenience without forcing you to sacrifice the rest of your budget.

Personal Lenders

Personal lender loans is a great way to secure quick cash in a short span of time. The maximum approval period and turnaround time is usually 2-3 days, but this option is unbeatable when it comes to subsequent interest rates and fees.

You’ll need a good credit standing in order to be approved for personal loans. Prepare the requirements, i.e., proof of income, IDs, etc. ahead of time so you won’t hit snags during the application process. The greater your score, the lower the interest fees, but be prepared for APRs of somewhere between 10 to 15%.

Personal lenders may also charge you up to 5% of the loan amount in the form of an origination fee. Cash Advance
You can put your credit card’s line to good use by securing a cash advance loan.

This method won’t require any application on your part. All you have to do is to run to the nearest bank or ATM and request a cash advance. Some major financial institutions can even accept online transfers for cash advances, which will then be sent to your checking account.

Cash advance fees can cost you anywhere between 3 to 5% of the total amount. Also, the average APR for these easy loans are about 24%, which accrues until the total balance is paid up.

LendingTree

LendingTree is a platform where you can choose between lenders via a personal shopping tool. Pull up a browser, fill up the experience form and compare loan offers from up to five different lenders.

Going this route will have a soft pull on your credit score, which shouldn’t have a negative effect. Choose the best rate for the money you want and apply for it. Turnaround time is surprisingly quick- you can get results within 24 hours on some offers.

Secured Loan

This option is for individuals who don’t have credit cards or are able to secure personal loans. In secured loans, you will need to provide a collateral, i.e., a pawn shop loan, a 401k loan or a car equity loan. Granted, it’s not the fastest way to get cash ASAP, and you run the risk of losing the collateral if the loan defaults, but it’s a solid choice for those who have low credit scores.

Family Member or Friend

Some loans are as easy as asking a friend or a family member for it!

It’s best to set some terms of agreement to make it official. Discuss the amount, the repayment procedure and if or not you’re to pay interest. Do your best to follow the terms to ensure a continuous relationship.