Where to get money in an emergency

If you need money and fast, it can be difficult to know where to get it. Some people have savings that they can turn to, but with salaries so low and prices so high, it is getting less likely for people to have this.

It may be possible to get some extra hours at work to earn more money. However, some people do not get the option of paid overtime and others are not working at all, so there are only a few people that this is an option for.
It is sometimes possible to sell items that you no longer need. You can do this through a car boot, table top or garage sale or use an auction website, local paper or social media. There are many options and if you have old things that you want to get rid of and only need to raise a little money, this can be a really good option for you.

It may be possible to ask friends and family for a loan. This can be a cheaper way to borrow money but there may be problems with it. It could be that the lender expects the money to be paid back quickly and if you cannot afford to do that, then it may cause problems between you. It is always worth considering whether there might be problems like this before you ask anyone to lend you any money.
Another way to go is to consider using a credit card or overdraft. These can be very useful in emergencies and as you do not have to pay them back within a certain time frame it can take the pressure off. However, interest can accumulate easily and this can mean that you may end up paying very much more than you borrowed. Also some people cannot easily get them or they take too long to negotiate.

You could always get a short term loan from or another lender like this.

Having just a short term loan will mean that it has to be paid back quickly and therefore there will be less chance of the debt hanging on. This will mean that the interest does not accumulate too quickly and also that the loan is not hanging over you for very long.

There are many possible options, some of which may be more suitable for you than others. It is worth considering which ones will work for you, which is the cheapest and which is most convenient so that you can make the right borrowing decision.