It’s happened to all of us; unfortunately boilers break, vehicles break down, and home repairs are needed at the worst possible times, especially when it’s been an expensive month, and you may not have the cash to spare for the cost of repairs.
If you’ve got no money, no time to spare and an emergency on your hands, then you may be wondering how you’ll be able to come up with the funds quickly to be able to deal with the emergency as speedily as possible.
To help you in your time of need, this article will show you the safest and most straightforward ways for you to obtain credit as soon as you need it, in order to deal with your emergency in the least stressful way possible, so carry on reading!
1. Choose to Go Online
If your boiler or your car has broken down, then you might need to borrow money quickly before you can book yourself an appointment to get them fixed. In order to get fixed as soon as possible, your best bet is to apply for a loan online.
Applying for a loan online is your quickest option, and the other great thing about applying online is that it’s the most convenient method of applying. Not only can you apply from the comfort of your own home or even on your mobile for when you’re out and about, providing that you’ve got an internet reception, but there’s also no paperwork required, and you can also apply while simultaneously looking for a plumber or garage to sort out your repair.
By opting to go online, you’ll ensure you save time by making sure you don’t spend hours of your time on the phone trying to get through to a loan company, or by taking time out of your day to visit a lender on the high street in person.
2. Look for Loans with Quick Approval Times
The last thing you want to be doing when you’re already pushed for time is waiting hours or in some cases, days to hear back from a loan company with a decision on your loan application.
That’s why it’s essential that you look for lenders who have quick and instant approval times. That way, once you’ve made your application, you’ll waste no time hanging around in a state of limbo while waiting for your application decision; instead with lenders who have fast approval times, you’ll ensure you receive a decision within just minutes.
3. Be Prepared
It always saves time when you’re prepared, so when you’re in a hurry, it’s always important to ensure that you’re prepared and that you’ve got all your available information to hand when you make your application. This will save you from hunting for any information mid application and slowing down the whole process. Instead, be sure that if you need your debit card, then have it close to hand, or if you need your bank details, then ensure that you have a bank statement with you when you make your application.
Although You’re in a Hurry, Don’t Forget the Following:
Always do your company research
Check to see that the company is registered, FCA regulated and has good reviews on Feefo or Trustpilot before you apply. You will also benefit from being sure that any lender you're considering applying with is likely to accept your application, to avoid any inconvenience. You can do this by using loan eligibility checkers online.
Don’t make multiple applications at the same time
Although you’re in an emergency, you want to make sure that you’re not making various applications at the same time for credit, as lenders will see this as untrustworthy behaviour and may be wary about approving your application. Generally, lenders will be accepting of two applications at the same time to account for people shopping around but anymore than that and you could appear desperate for credit.
Always look at all of your available options
Before becoming blindsided or rushing into one option, why not take a little extra time to look at the larger picture and look at all of your available options before making up your mind on one option, this will save any regrets in the future if decide later on that you didn’t pick the best available option.
Think about how you’ll repay
Before you decide on borrowing money and where you’ll borrow from, you should always ensure that you know how and when you’ll be able to repay, and this is relevant, whether you take out a payday loan or if you borrow money from a friend or family member. In order not to find yourself in any financial or personal difficulties, you should always have a foolproof repayment plan.
At Multi Month Loans, we have fast approval rates on all of our loans, meaning that you’ll never have to wait longer than 15 minutes* to be approved. You’ll also be able to receive your loan the same day, depending on what time you apply for the credit and how long it takes your bank account to process the payment.
Choose Multi Month Loans today for some of the quickest short-term loan options available online.