If you are really in need of money and there’s no one you can turn to, then having emergency cash loan would be your best solution. This type of cash loan is readily available in various sources. In usual scenarios, being granted with cash loans will greatly depend on the amount that you will loan as well as your present credit status. For those who are experiencing a credit crisis, visiting the creditsources.org will help you to acquire personal loans despite of your current credit rating.

For you to avoid to be caught up in this tough situation, it is best for you to save up as much as you can for emergency needs. However, this may not be always possible. With this, your financial needs can be readily answered by seeking help from these following sources.

1.    Charitable Institutions – Charities can lend you a helping hand for you to address your basic needs such as food, electricity and rent due to financial shortage. The money that they can lend you is not considered as loan as there’s no need for you to pay it back. You can seek this kind of help from charities and churches such as the Salvation Army. All you have to do is to comply with their paper works and the money will be eventually released to cater your needs. On the other hand, they could also be the ones to personally settle the payables that you have. This is a good option for you to consider if the above mentioned situation is the reason why you need to have a loan.

2.    Family and Friends – If you are planning to have a loan with your family and friends, you must expect that this would be the most difficult decision for you to make. These people may tend to know why you needed the money for two reasons; they care or they’re just being nosy. If you opt for people not to know the reason behind your loan, then this option is not feasible for you to take. Hiding the reasons behind your loan would make it very difficult for you to receive the money from them. Otherwise, being truthful to them about your need will never guarantee you of receiving anything.

People you treat as your family and friends often hesitate to engage in this kind of situation as they care that it may cause harm to the present relationship that you have. Also, they would think that you can gain advantage from the type of relationship that you have with them for you not to pay back. Having these reasons, this option may not be the solution to your problem. Furthermore, these people may tend to secure their finances first before they give out something to others. But if you believe that this option suits you and you’re confident that you can have what you want with them, then having a loan through your family and friends will really require less time and paperwork.

3.    Acquiring a Bank Loan – A number of banking options are available for you to apply for with your cash loans. You should take note that every option differ from each other. Some options may be suitable for you but others are not. If you opt to have bank cash loans, the bank will definitely check your good credit history and as well as your high standing credit status. A quick loan will be impossible to acquire once you don’t have these things. But if not, you can have these following loan options to choose from.

•    Having an additional credit card charge or higher credit limit.
•    Acquiring a home equity loan or mortgage.
•    Applying for home equity credit line.
•    Push through with traditional loan.
•    Getting an overdraft loan to your checking account.

4.    Credit Union Loans – If you were denied with your bank loan or have a poor credit, then acquiring a credit union loan may be a good help to you. A lot of credit unions offer the same type of loans and are much willing to lend out help compared with the banks. Usually, the type of loan that they can offer would greatly depend to the credit union. Being a member of a credit union, you can inquire the different financial assistance that they can give and check whether this assistance could help answer your needs.

5.    Availing Payday Loans – This is very suitable for those who are in need to have quick cash loans yet do have little, bad or even no credit at all. Companies who offer payday loans don’t do credit checking. You just need to comply with their requirements by having a checking account and by having an employment for a specific period of time (at least 3 months). The money can be readily available anywhere within 1-24 hours after your application and its release would depend on the amount that you have applied for.

However, payday loans generally don’t make your situation into a better state but instead it gets worst. Payday loans go with steep interest and require you with immediate payment. Thus, considering your loan options wisely would be best before you end up deciding with this one.

The above mentioned options would somehow help you in answering your financial needs. However, if none of these would best suit you, then taking yourself into other alternatives such as selling or putting up a garage sale is a good way for you to raise your needed money. In this way, you are not compelled to pay back to somebody. Having this step would be a good choice despite of ending up losing something from your possessions. It can help you solve your financial crisis and would not end up owing big debts to pay for a long period of time.