Laid Off And Unemployment Hasn'T Come Through Yet? Two Tips To Help You Get By
If you have been laid off from your job and your unemployment has not come through yet this can be hard to deal with. You will likely find a new job soon but until you do there are things you can do to help you get by. Below are two of these things to help you get started.
With a payday loan, you can get enough money for a few weeks to help you out. This type of loan is a cash advance from a payday loan company. You must agree to pay the loan back by a certain amount of time. In most cases you have to give the company your checking account information so they can direct deposit the loan for you. Some companies also give you a type of debit card.
You need to be careful and determine what the interest rate is for the payday loan you choose. This is because the interest rates can be very high. Also, make sure you will be able to pay the loan back on time or you will have very expensive fees.
If you are in the military, the interest rate is likely capped so make sure you check on this. You can save a lot of money by having a lower interest rate. Contact a service, like American Cash Advance and Title Loan, for more information.
You can also go to your bank and get a loan large enough for you to get by. This is easily done if you have good credit and are in good standing with the bank. You could apply for a line of credit, which works much like a credit card. This way you could use only the money that you need so you will have less to pay back.
Ask the bank about a short-term loan if you are sure you can get a new job quickly. This can be a big help because you will not have to worry about paying a loan for a long period of time.
No matter what type of loan you get, in most cases you can get your money very quickly, such as a day or two or within a week.
The bank can go over these loans with you, as well as other types of loans they can offer to you.
These are other ways you can get quick money. For example, if you have things you can sell go to a pawn shop to get immediate money or sell them online.