How to Borrow Money Quickly

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From Quick Guide: Fast Cash Guide

Summary: If someone needs to borrow money quickly, they should go to family and friends, use a credit card with caution or go to a payday cash advance business. Discover how to borrow money in a hurry with tips from a financial consultant in this free video on credit cards and personal finance.

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By Carrie Kukuda
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Carrie Kukuda has a business administration degree, and was branch manager of a community bank. Kukuda owns a consulting business for one-on-one credit education & budget/debt...read more

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Video Transcript

"Behind in payments, need quick cash, Carrie Kukuda I'm going to give you some ideas to get that money fast. Basically I would say to go to your friends and family first. They usually give you the lowest interest rate on your money. If you are thinking about maybe using your credit card I would just use it with caution, make sure you don't over extend yourself and that you can make your minimum payments. Also if you do have a home loan and the value is still high in this current market, you can look into a line of credit against your home. Just again take caution because if you don't pay down your debt they could take your home. You also have the payday cash advances and they are on every corner so, you can look into doing those but they are pretty costly. So try the top three that I just told you first. Then if you have to or have a very good relationship with your boss you can consider asking him for an advancement on pay. Depends on your relationship with him. I also would look into checking with the bank that you currently do business with maybe have a checking account with them so that they already know that you manage your money well. And look into a personal loan. They are probably going to be the best one. If it is a little bit low on the loan, if you are just looking for a little bit quick money, you can look into a credit union, their rates are, their rates do very well as well. If that, if any of those don't work you can't get them, I would if it is a debt issue and you owe on bills, try to work with that company. So there's my little quick tips on how to get money fast. Carrie Kukuda the Someday Coach. Thank you."

eHow Article: How to Borrow Money Quickly

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