Short Term Loans
Generally these are only advisable for very short term borrowing and they are designed as such. You obtain the cash extremely quickly and lenders will assess you based on factors such as whether or not you have a regular income. Consider this option if you are sure you can pay back the loan as soon as your next pay check comes through. It might be tempting to apply for payday loans on a regular basis, but it wouldn’t be a sensible method. Click here to find out more.
Make an appointment with your bank to see if you can arrange an overdraft for your account. Usually there is an agreed limit on overdrafts so that there is a cap on the sum you can spend, and these will also accrue interest over a period of time. Many US banks were scrutinized in 2012 to ensure that overdraft legislation brought into play in 2010 had actually been implemented, meaning consumers should have more power over their banking in 2013.
Getting a Second Job
If you really are struggling to make ends meet, looking around for a part-time job to supplement your main source of income could be the answer. Whether you currently work evenings and have free time during the day or vice versa, there are often jobs out there that could be suitable. Make sure that you actually have time to put in extra hours without taking away too much leisure time. You could for example consider freelance work or try the hospitality industry where the tips will tide you over.
Whatever option you choose, ensure that it is sensible and fits in with your lifestyle. There are of course other methods that you could consider, and you should never be too proud to ask for help.