how to borrow money fast

Tricks To Borrow Money Fast When You Need It Most

When you need to borrow money fast, you may feel a bit stressed about who would lend you. But the truth of the matter is that being able to borrow money fast can be easier than you may think.

There are several borrowing options that you have that we are going to explore, including getting a pay advance or a payday loan in Utah.

Reasons Why You May Need To Borrow Money Fast

First, you want to think about why you need to borrow cash quickly. This can help in a couple of ways.

Firstly, it helps you to decide whether you actually need money quickly. Sometimes, people think they need money now, but they don't. For example, if they can delay a bill, or dip into their savings a little bit. This will also give you a bit of guidance when it comes to how much cash you need to borrow.

The second benefit of knowing why you need to borrow money fast is that some of the methods you may use may provide cash depending on the reason you need it for. Although this does not happen when qualifying for a payday loan, a pay advance from your job or money borrowed from family may lead to such a question. Some people will be much more likely to lend you cash if you have a genuine need for it.

These are some of the most popular reasons people need to borrow money quickly:

  • Medical expenses.
  • Home or car repairs.
  • Avoiding late bills.

What Do You Need To Borrow Cash Quickly?

This will always be dependent on the method that you use. Some may need specific documents, while other methods will require nothing from you.

When qualifying for a payday loan in Utah, for example, you’d need the following documents:

  • Your government-issued ID.
  • Proof of income (normally your last paystub)
  • A blank check from an active checking account in your name.

different options for borrowing money

Consider All Your Available Options

If you need to borrow money quickly, then you have several options available to you. Some of these may be more accessible than others.

1. Borrow From Friends Or Family

If you need to borrow smaller sums of cash, then you may want to reach out to your friends and family. They may be able to help. If you are dealing with a serious financial emergency, we are sure that they would love to help if they have the funds available.

Of course, if you have to borrow cash regularly, they may eventually say no. in some cases, people may not even have friends and family members that they can turn to.

2. Ask Whether Your Job Offers Pay Advances

Some companies will be happy to offer their employees a pay advance. Likely, this system will only cover employees that have been working there for a few years.

It is also likely that the system will only give you a pay advance on hours that you have already worked. If you wish to find out more, you can speak to your manager or HR.

3. Use Pawnshops 

If you have something of value (especially jewelry, instruments, and modern electrical devices), then you may be able to use a pawnshop. This is an exceedingly fast way to borrow cash as you will be given it there and then.

The pawnshop will keep hold of your item until the loan is repaid. Of course, if you do not pay your loan back on time, then they may sell the item to get their cash back.

4. Qualify For Payday Loans

One of the methods to borrow money fast that is becoming more popular is qualifying for a Utah payday loan.

With a payday loan, you will be borrowing cash for the short term. In most cases, you will pay it back when you next get paid.

Payday loans are readily available, and the criteria for getting approved are simple. This means that payday loans will be available whenever you need to borrow cash quickly.

In many cases, you will be able to receive your payday loan as soon as the same day you apply or the following business day. While the in-person loan process takes about 30 minutes, and you can borrow between $100 and $500.

get a payday loan today

How To Qualify For Payday Loans In Utah

Utah Title Loans, Inc. is a provider of payday loans in the state of Utah. Our payday loans are an option for those who can provide proof of income. For example, you may be able to receive a payday loan if you are receiving certain benefits or a pension, in addition to having a regular job. You just need to provide us with proof of your income. 

We welcome all types of credit too. When you go through our inquiry process, we will review the documents that you provide, and your credit does not play a major role in the process. To get started:

  1. Simply fill out and submit an online payday loan
  2. In a few minutes, a loan representative will give you a quick phone call to answer any questions you have and schedule an appointment with you.
  3. Head to your closest Utah Title Loans, Inc. location. It is here we will review your documents and check if you qualify.
  4. If you do, you can sign your loan agreement, and you’d receive the money on the same day or the following business day.

Qualify For A Payday Loan Today

If you need to borrow money fast, start by thinking about why you need to borrow it. You should also have a solid idea of how much cash you need to borrow. This can help to narrow down your borrowing options.

You may consider payday loans. Their process is fast, and you could have access to funds on the same day or the following business day. Get started by filling in the online form today.

Note: The content provided in this article is only for informational purposes, and you should contact your financial advisor about your specific financial situation.

Emma Frost

Emma Frost is a lifestyle and finance blogger with a talent for communication and a passion for financial literacy. She uses her writing talents to explore topics that help her readers gain financial stability and growth.