If you are one of the hundreds of Americans that can’t make your paycheck stretch until the next payday, an emergency cash app could help you get the extra funds you need. Some apps could get your cash in the same or next business day! While it depends on your eligibility and income, there are cash apps that can turn your next paycheck into money now!
One of these small loans you can take out is through is a title loan. This is where Max Cash Title Loans can help connect you! By allowing you to access a network of thousands of lenders across the United States, finding the quick cash you need is a breeze. 2 5 Apply for an online title loan right away!
To learn more about your emergency cash app options and loan options, keep reading below!
Emergency Cash App Options
If you are employed, there are a few cash apps that you can utilize to get a cash advance until your next payday. Some of the most popular emergency cash apps are:
- Earnin: Earnin can allow you to access a portion of your paycheck before your payday. While it is completely free to use, tips are encouraged to keep the platform going. If you have an unexpected expense or bill throw off your budget before your next payday, you can borrow money through Earnin. As you use the app, you will be allowed to borrow more if you tip accordingly. Earnin can get cash in your account through a direct deposit, or you can put it directly on your debit card. Earnin can act like a short-term loan to get you help until payday.
- Dave: If you are facing overdraft fees, Dave could help. The app can track your expenses and income and warn you before you overdraft. If your checking account or savings account could be over drafted, Dave can help spot you until your next payday. Keep in mind that Dave does charge very small fees each month to keep your account active. Often, they are only a dollar or so.
- MoneyLion: Another way to get cash interest-free from an app is through MoneyLion. Borrowers that use MoneyLion can get their paycheck up to two days earlier. It can provide small loans without high interest rates, with no fees attached! Borrowers can get up to $250 at a time, depending on their income. The only fees that you could be responsible for is the ones associated with insta-cash and ones with your bank account.
Access these apps directly on your cell phone for your convenience. Simply download the app, and then access the apps you would want to use directly.
Emergency Loans that Can Give You Emergency Cash
If you are a borrower that needs more than what cash apps can provide, an alternative option is an emergency loan. While there are many different types of loans available to you, not all loans are created equal. As a borrower, it is important to choose a loan that will best fit your financial situation. Here are a few loan options to consider:
If you are confident with your credit history, a personal loan could be the right option. Personal loans are available through a bank, credit union, or online lenders. The terms and interest rates will depend on the lender you choose and your income. Additionally, your income and credit score will determine your loan amount, as well as interest.
If you are less confident with your credit history but you are employed, a payday loan could seem more appealing. Payday loans were created to help borrowers last in between paydays.
These loans can be short term, meaning the repayment for the loan is expected in 2 weeks to thirty days. They often do not require an extensive credit check, which can be beneficial to a lot of borrowers. With a payday loan, the approval process is flexible. This means that those from all credit histories that have employment could potentially receive approval for a loan.
While a payday loan can be an easy way to obtain cash, they are costly in the long run. The interest rates are often very high and will cost your wallet a hefty amount. In addition to high interest rates and APRs, payday loans will also have fees attached to them for borrowing money. In some states, these fees are as high as $20 for every $100 you borrowed!
Another emergency loan for those with bad credit is a title loan. Since title loans use collateral, the approval process is flexible and simple! Those from all credit histories could be approved for a title loan. Title loans will base their funding amounts and approval on the value of the collateral. For a title loan, the collateral is the title to the vehicle. While the vehicle owner can drive their car while they make their loan payments, the lender becomes their lienholder (until repayment).
Typically, you could be allowed to borrow as much as 50% of your vehicle’s equity. For example, if your car is worth $10,000, you may be able to borrow as much as $5,000. You will need the income to support that loan amount, however.
How Can Max Cash Title Loans Help Me Obtain Emergency Cash?
If a title loan sounds like the right financial option for your situation, Max Cash Title Loans can help. By connecting you to hundreds of lenders across the nation, you could have your cash in as little as one business day if you qualify! 2 5
When you are in a financial emergency, there’s no time to waste. Applying for an online title loan through Max Cash Title Loans can take just minutes to do online.2 Or, borrowers can also apply over the phone if they would like to!