Emergency Cash Loans

Emergency cash loans can be helpful if you find yourself in a financial pinch and without help from family or friends. Emergency cash loans can put money in your bank account in as little as one business day. Do be careful to only borrow what you need and be sure you have a plan to pay back the emergency cash loans to avoid adding to debt and your financial worries.

These loans provide cash in amounts ranging from $100 to $1000 to salaried, employed individuals in need of a little help between paychecks. The term of the loan is 14 days, just enough time to allow you to receive your next paycheck and pay off the emergency cash loans you have taken out. Also called payday loans or cash advance loans, these loans are typically due when you receive your next paycheck; however, loan extensions and rollovers are available at a high cost.

There are some requirements for these emergency cash loans. You must have a salaried job with a regular, fixed income. You must also have held that job for a period of no less than six months. An active checking account is required and borrowers must be over 18 years of age.

While no collateral or security is required for emergency cash loans, many lenders will have you provide a post dated check in the amount of the loan plus all loans fees and associated expenses to handle repayment.

Bad credit is OK and these emergency cash loans may well be one of the few means of borrowing money available if you have a history of late payments and loan defaults.

Repayment of emergency cash loans can be quite costly. The interest rates and fees associated with emergency cash loans are high, and can be especially problematic if you extend or rollover your loans. Borrow carefully and always read the terms and conditions before entering into a loan agreement. Be certain that you can repay your loan as soon as it is due to minimize the costs associated with your emergency cash loans.