Ways To Get Fast Emergency Cash For Single Mothers
Emergency cash for single mothers can be hard to come by. When emergencies arise, the stress it puts on your finances can present a major hurdle. And let’s face it, being a single mother is challenging enough without having to worry about financial emergencies.
Getting fast cash can quickly become a priority. With the options below, you can help relieve some of your financial stress.
Emergency Cash for Single Mothers Is Easy To Obtain
There are plenty of options for single mothers to get financial help long-term, many of which come in the form of federal grants. Federal grants such as the Supplemental Nutrition Assistance Program (SNAP), Women, Infants, and Children (WIC), and Temporary Assistance for Needy Families (TANF) can help you keep money in your pocket to address emergencies by helping with the cost of food and other such products.
With that said, finding out if you qualify for federal grants can be time-consuming and require a ton of paperwork. Once you apply, you could be waiting for up to 30 days or more to receive the benefits you applied for.
While waiting for such things to process, you may need help bridging the financial gap until such grants come through. Alternate options that provide a financial bridge include:
- Applying for a credit card
- Asking friends and family for help
- Applying for a personal loan
Apply for a Credit Card
Applying for a credit card can allow you to cover the cost of whatever financial emergency you face. Not every credit card can be used for just anything, however. Some credit cards can only be used for medical purposes, car-related purposes, and so on.
Depending on what you need the emergency cash for, you will need to put in an application for a credit card that allows you to use it for the financial situation you are in.
Although you would be borrowing against a line of credit and not actually receiving cash, a credit card can provide you with a much-needed solution.
Unfortunately, if you have poor credit or too low of an income, you may not get approved for a credit line that meets your needs. Or you may have to wait a small period to find out if you are approved.
Asking Friends and Family for Financial Help
Asking friends and family for financial help will be a single mother’s best option. It is highly unlikely that friends and family will ask you to return the funds you borrow with interest and with unreasonable time constraints.
Friends and family are also more likely to help when help is needed. They can also transfer you the funds much faster than some loan companies. If the speed of attaining funds is a top priority for your current emergency, it doesn’t hurt to ask for help from your nearest and dearest.
Apply for a Personal Loan
Applying for a personal loan is another option to get emergency cash for single mothers. Personal loans are loans that can be used for whatever purpose you need the funds for. You can get a personal loan from a bank, credit union, and other loan service providers.
Depending on where you go for a personal loan, you may be subject to extensive credit checks that can affect if you are approved.
The approval period may also take a few days to a couple of weeks. For this reason, it is important to find a personal loan that has quick approval times as well as quick access to the funds you are approved for.
A Loan with Fast Approval and Fund Access
A title loan is a personal loan that has a fast approval time and can provide immediate access to emergency cash. You can apply for one with Utah Title Loans, Inc. to get anywhere from $300 to $15,000. As a secured personal loan, you won’t need to worry about your credit score getting in the way and slowing down the process.
Don’t Wait for Emergency Cash
With Utah Title Loans, Inc., you won’t need to wait long to find out if you are approved. Your application can be processed and approved in as little as 30 minutes from when you meet with one of the experienced store representatives.
Once you are approved, you will then have access to your approved funds as soon as the same day you apply or by the following business day.
Title Loan Required Items
To apply, you must supply your Utah Title Loans, Inc. representative with the following:
- Driver’s license
- A vehicle title showing you are the sole owner
- Access to the vehicle for an inspection to determine the loan amount you qualify for
Submit Your Title Loan Inquiry Now
Get immediate emergency cash for single mothers from a title loan today. Submit an online form with Utah Title Loans, Inc. to speak to a representative and find out more about the application process!
Note: The content provided in this article is only for informational purposes, and you should contact your financial advisor about your specific financial situation.