The Secret of How to Make Emergency Money
When it rains, it pours. Sometimes, financial emergencies happen at the worst possible times. You’re already barely making it to the next paycheck, and your savings are on its last fumes—and just at that moment, your car breaks down, or you need emergency medical or dental treatment. What do you do?
Well in these circumstances, you know that a bank loan is out of the question. It takes too long to process and will ask for a lot of requirements. You either have to earn the money or find a faster and more convenient loan such as an emergency title loan.
Here’s How To Make Emergency Money
Get A Side Job
Hit the want ads and look for a second job, whether it’s plying the cash register at the local convenience store or tutoring your neighbor’s kids.
If you can’t find any work in your area, go online. Thanks to the Internet, you can find a lot of work that only requires a steady Internet connection.
You can be a virtual assistant, project manager, a translator, a transcriptionist, a tutor… And the great thing about these jobs is that they have flexible hours, so you can schedule them around your day job.
Ask For Extra Work
If you can’t get a second job, ask your current employer if there is a way you can earn extra money. Maybe you can get an extra shift, take on additional tasks, or help out with a project.
Sell Items Online
Do you have any items in your home that you can sell? Aside from obvious valuables like jewelry, art electronics, or designer bags, there may be items that could worth a lot of money—if you know who to sell it to.
This includes specialty hobbies like comic books, action figures, perfumes, antique furniture, books, etc. One woman says she was surprised that a bunch of lamps and hand-sewn quilts she found in her mom’s attic could sell for so much in interior design forums. You just need to know where to go, and you have found one way how to make emergency money.
Apply For A Salary Advance
Maybe your company allows cash advances or salary loans (you can ask your HR Department, or your direct supervisor).
Or, if they don’t, approach your boss and see if you can borrow some money and then just get part of it deducted from your paycheck every month. It won’t hurt to ask, because if they can't approve the loan, they may be able to tell you other ways how to make emergency money.
Always put any loan agreement in writing. It should include the total amount you borrowed, interest rate, how much you will pay each month and for how many months. Not only does this prevent misunderstandings, but it protects both you and your company/boss.
Approach Your Church or Local Community Centers
They may be able to give money, help you find a job, or connect you to a charity or organization that can help you out. Sometimes, they can even start a local fundraiser for you—especially if you need money because of medical treatments or a personal crisis or tragedy.
Some centers will also have a financial counselor, who can help you create a financial plan and suggest how to make emergency money.
Apply For A Title Loan
A title loan is one way how to make emergency money in just one to two days. It is easy to apply for one, and you don’t need to meet a lot of requirements or come up with a lot of documents.
What Is A Title Loan?
A title loan is a short-term loan where you use your vehicle as collateral. You can borrow up to $15,000 depending on the type of vehicle you have, and its current condition.
What Kinds Of Vehicles Can I Use For A Title Loan?
Any vehicle can be used for a title loan: cars, trucks, or an SUV. It just has to be registered under your name, and be lien-free (which means that it has no outstanding loans or judgments against it).
Why Are Car Title Loans One Of the Best Ways How to Raise Emergency Money?
- You do not need a high credit score - bad credit history, no credit history, everyone is welcome!
- You can still use your vehicle while you pay off your loan.
- The application process is simple and streamlined. You just need to present a driver’s license or government-issued ID, your vehicle title, and your vehicle for inspection.
How to Apply For Title Loans
Southwest Title Loans gives you the fastest, easiest and most convenient way to apply for a title loan.
- Fill out the online form on the website.
- A loan representative from the nearest location will call you to explain the process and answer any questions you may have.
- After the call, bring your driver’s license or state issued ID, your lien-free title to your vehicle, and your vehicle to the branch.
- A loan representative who will examine your documents and conduct a quick inspection of your vehicle. If your loan gets approved, you receive the money the same day!
Now you no longer have to worry about how to make emergency money. Just visit our website or drop by one of our branches and we will help you!
Now you know our secrets to how to make emergency title loan money!
Note: The content provided in this article is only for informational purposes, and you should contact your financial advisor about your specific financial situation.
