5 Ways of How to Find Loans in Your Area

Everyone knows that feeling: Suddenly, a new expense pops up. You have no idea where it came from, you had no reason to expect it, but it checks out – you have to pay. The only problem is that you simply do not have the money to pay for it right now. So, what do you do? Simple – you take a look at this list on the 5 Ways of How to Find Loans in Your Area, and then use that knowledge to make sure that you can pay whatever you are owing.

But if you are thinking that the only way to find quick money is to get one of those terrible, predatory loans out there, then relax, because there are other ways. This is why this list is going to give you a lot of options, simply focusing on getting your hands on some money. Then, you can pick the one that suits you best. Just make sure to try and build an emergency fund for the next time this sort of thing happens.

1. Sell electronics.

To start off how to find loans in your area with a maybe more pleasant option, take a moment to think if you still have some old gadgets lying around somewhere. Nowadays, people have so much stuff and especially keep buying new phones all the time, that almost everyone seems to have old models of some gadget or other just hidden away in a drawer in their flat. If this also applies to you, then you may be in luck.

Because while you can always sell electronics such as these on different websites, you can also sell them for some immediate cash as well. In other words, if you still have a bit of time until you need the money, then go for a specialized website that takes old electronics and gives you money for them. On the other hand, if you need cash right now then to an ecoATM kiosk, for example, who will also be happy to take old phones, tablets, laptops, even MP3 players for some immediate cash in return.

2. Sell gift cards.

Another idea is gift cards. You know, those things that people like to give their friends and family for birthdays these days? Or even stuff that just gets sent to you buy different companies, but tends to be for a store that you have no interest in whatsoever? Point is, if you still have gift cards lying around somewhere, they do not have to go to waste.

Here, too, you can mail your gift card in with an online gift card exchange, who will then deposit some money on your account a few days later. But if you need immediate cash, there are also Cardpool kiosks for some instant payout, as long as your gift card is for more than $20. Both ways will give you something around 80 to 90 percent of the gift card value in cash, so that is pretty good – especially if you were not going to use the card anyways.

3. Pawning.

Okay, when it comes to how to find loans in your area, not all options are that pleasant. But if you really need cash right this instant, then you just need to do what you need to do, right? Pawnshop loans are not a great way to get your hands on money, and you are almost certainly not going to get your money’s worth for whatever you are pawning. But while they are not great in terms of payout, they are amazing in terms of speed. Another advantage of pawnshops is that your only risk is the item that you gave them as collateral. If you are taking out a credit card loan, for example, you might risk ruining your credit score and even get visits from debt collectors eventually. If you default on your pawnshop debt, all that is going to happen is that you are not going to get your pawned item back. The things that usually pawn for the most cash are jewelry, instruments, firearms, and electronics, especially if they are still up to date.

4. Same-day pay.

You may be surprised, but there are jobs out there that pay you on the same day you worked them. Just hit up your favorite search engine and look for Work Today For Pay Today. This way, you will not be risking anything but a hard day’s work, and it may give you all that you need to give yourself some breathing room. Another option is Craigslist jobs and gigs, of course – but use those with caution.

5. Get help.

Everyone is in a pickle sometimes. How to find loans in your area can just mean asking friends and family for assistance. As long as you are being honest, chances are that they will be kind. But you can also see if there are community loans and assistance available to you as well. For these, look for community centers, churches, nonprofit organizations or simply ask at the bank if they know a place that gives out community loans.

These 5 Ways of How to Find Loans in Your Area may not all be loans in the truest sense of the word, but hopefully one of these options is going to help you get your hands on the money you need.