How Do Need-Cash-Now Loans Work?
How often do you catch yourself thinking, “I need money now?” This is what can happen to everyone at least once in a lifetime. If you are in need of same-day emergency cash, you probably can get the money you need fast and easy, even if you have bad credit.
Thus, if you need some extra cash now, you have come to the right place! Quick loans from ASAP Finance allow you to borrow money asap with no credit check.
A fast loan is a financial product that allows you to get the money you need as soon as the next business day. In some cases, you can get a quick cash advance by the end of the same day. These loans are almost perfect for covering emergency expenses, as they provide borrowers with fast money via direct deposit on a bank account.
One of the most significant features of an emergency loan is that it is available for borrowers with bad credit scores. Customers with both bad and good credit are on equal terms. Moreover, direct lenders usually perform only soft credit checks, which don't hurt applicants credit ratings. 
Thus, fast cash advances make it possible to get extra money online without affecting your credit score.
Typically, quick cash loans offer a small loan amount for a limited repayment period. You may consider them when you need a few hundred bucks to cover your cash shortages. Unlike a personal loan from a traditional lender, which allows you to borrow up to $15,000, a need money now loan generally provides customers with a loan amount from $100 to $5,000, depending on the online lender and the loan type.
Fast online loans may have a repayment schedule with either equal monthly payments or a one-time payment. In most cases, the lender will automatically withdraw the initial loan amount plus interest rates from your checking account when due.
What Options to Consider If I Need Money Desperately?
When you need to get free money fast, your choice is not limited to just one option. Online lenders usually have various loans to offer depending on the loan amount you need and the terms you consider.
Payday Loans
Payday loans are short-term financial solutions with same-day approval. A payday loan may be your best option if you need to get money today with bad credit. As payday lenders are focused mostly on your income, they usually don't run hard credit checks. Thus, paycheck loans are not only available with bad credit scores but can also help you leave your FICO rating unchanged. They allow you to borrow money fast and without tiresome paperwork.
As payday loans were created for an emergency expenses, they have a short repayment period that usually doesn't exceed one month. Generally, you need to pay off a short-term loan by your next paycheck. They also have pretty high costs because of the high interests. Payday loans may be charged up to $30 per each $100 borrowed.
Credit Card Cash Advance
Credit card cash advances may give you instant access to money within the credit limit. These lines of credit are available at any moment. You can withdraw the amount you need and repay it all at once or via scheduled monthly installments.
However, a credit card typically comes with high interest rates. Some people may also have problems with managing their finances when it comes to having some extra money on hand. It may lead to unnecessary spending and budget overburdening. You should use it wisely to avoid getting into a debt cycle.
Installment Loans
Installment loans combine features of both payday loans and traditional loans. Unlike a personal loan, an installment loan is easier to get. It is also accessible for borrowers with bad credit scores and may suit you if you need money right away. 
At the same time, installment loans offer terms of up to 24 months and a loan amount of up to $5,000. Thus, you can borrow money in minutes and turn it back in equal monthly installments.
Although installment loans seem to be a beneficial option, it is also very expensive. As you will have to pay interest within the long term, your total loan cost will be pretty high.
Car Title Loans
Car title loans are secured loans that allow you to borrow whatever amount you need if you will be able to provide the lender with collateral backing. Most lenders usually require a car and may give you about 80% of its estimated cost. As these options are less risky for loan providers, they usually offer loans at reasonable rates and don't pay much attention to your credit score.
However, a car title loan carries more risk to a borrower. A title loan agreement always allows the lender to repossess your car in case of defaulters. Thus, you may lose your property in case of missing or late payments.
Pawn Shop Loans
Loans from pawn shops allow you to borrow money without giving the lender access to your account. You will get cash on hand in exchange for some of your valuable property. If you are not able to return the amount you borrow on time, a pawn shop may sell your item.
Can I Get Money Now With Bad Credit?
People with both bad and good credit are welcome to apply for fast loans if they need money now. Having a poor credit score doesn't mean you will be rejected. Direct loan providers don't have minimum credit score requirements and make loan decisions relying mostly on your income.
Should You Consider a Fast Cash Loan to Get The Money You Need?
Getting emergency loans is usually a personal choice. Everything depends on what you take out the funds for. In some cases, a fast loan may be lifesaving, while in others, it will lead to debt accumulation. If you are not sure about getting a loan, you may get credit counseling.
Can I Get a Fast Loan Same Day?
Lenders usually transfer fast money loans via direct deposit by the end of the next business day. However, there is a way to get your funds quicker. If you need money today, consider applying for a loan early in the morning on a working day.
Is It Possible to Get Cash Now With No Credit Check?
Unlike other lenders, such as banks and credit unions, direct lenders usually perform only soft credit checks. They don't check your application details through main credit reporting bureaus and use free online resources to get your payment history and make a loan decision. Thus, if you need money today without hurting your FICO score, emergency loans may be your best option.
Advantages of Taking Out a Loan When You Need Money Now
If you need money now but don't have the needed amount in your savings account, loans may be a good way of getting additional financing. Here are some advantages of emergency loans in case of urgent money needs.
Easy to Apply
Applying for emergency loans, such as installment loans or payday loans, requires just a PC with internet access and a few minutes of your spare time.
You can borrow money without leaving your home or office. Fill out an online form and get a loan decision in a couple of minutes.
Get Money Now And Repay It Later
You will get access to your money within a business day and repay it in a convenient payment plan you can afford. Choose the option that suits your current situation.
Whether you want to pay off the loan in one lump sum or in scheduled monthly payments, we have the right offer for you.
Allowed With Bad Credit
Unlike a traditional financial institution, an online loan provider doesn't pay much attention to your credit report details.
Your past credit history issues are not significant when it comes to a fast loan. You can get the money you need with any credit rating.
When Should I Apply for Fast Loans?
Fast loans may be one of the best ways of financing in case of unexpected expenses and financial emergencies. Consider getting a quick loan if you need to cover:
- Medical bills
- Home or car repair works
- Utility bills
- Rent payments
- Credit card payments
Thus, online loans are good for fixing your cash shortages. They don't suit you if you need a significant amount to cover your long-term needs.
How Can I Get Money Now: Alternative Options
If you are tired of searching “I have no income and need money now”, here are some alternative ways of getting additional money:
Freelancing
If you need to earn cash fast, consider freelancing or getting a side job. There are different apps that allow you to find some interesting options, even without an outstanding working experience. For example, householding, dog walker, babysitter, etc.
Selling Unnecessary Items
If you have some stuff you don't use anymore, you may sell them online. It can be anything, from your old clothing to unnecessary appliances.
Peer-to-Peer Financing
You may ask your family members or friends to lend you the amount you need. This option may be good because it excludes high rates or additional fees. However, sometimes it may be awkward.
Reducing Expenses
Of course, there are some basic needs you must cover to live a better life. At the same time, you may consider canceling some subscriptions or starting to eat your meals at home instead of dining out. It will help you save money to spend it on what is really important.
Am I Eligible for a Need Money Now Loan?
Here are some basic requirements you must meet to qualify for an emergency cash advance:
- Age: be at least 18 years old;
- Documents: have an ID issued by the government and Social Security Number;
- Income: have a steady source of income you can verify;
- Bank details: have an active checking account;
- Personal data: provide us with your full name, contact information, including address, email, and cell phone number, as well as your employment status;
Some states may also require a personal check or any additional documents. However, the eligibility criteria for a fast loan are commonly easy-to-meet.
How to Get a Fast Loan If I Need Money Desperately?
Follow these steps to get the money you need same day:
1. Fill out an online form on our site.
Applying before 10:30 AM on a weekday may help you get cash asap.
2. Wait for a response.
You won't have to wait for days to get a loan decision. The lender will send you approval within a few minutes.
3. Read and sign a loan contract.
Make sure the loan conditions meet your expectations. If yes, sign a loan agreement.
4. Get money now.
Lenders usually deposit money shortly after approval. It usually takes less than 24 hours.
Things to Pay Attention to When Choosing Fast Loans
It may be challenging to choose the right offer when you have an extensive choice. Here are some things to avoid when you need money now:
- Suspicious companies. There are now a lot of scammers who target people who are looking for quick loans. To avoid criminal actions against you, pay attention to the company's website, reviews, and digital or real-life background;
- Hidden fees. Any loan provider must clearly state the amount of interests and fees you will have to pay;
- Inconvenient repayments. Be realistic about your finances before accepting a loan agreement. Don't risk if you're not sure an offered repayment plan will suit your budget. It is much better to find an option with a longer term and repay a loan without stress than pay high late fees.
Apply Now With ASAP Finance!
ASAP Finance is here to help you gain financial stability. We are happy to provide our borrowers with the financial assistance they need right here, right now. Applying with us is always safe, fast, and easy. We have no minimum credit score requirements, hard credit checks, and hidden fees. Fill out our loan request form online to get an instant approval decision from our reputable lenders.
Frequently Asked Questions
01
Do I Need to Have a Good Credit Score to Get Money Today?
Lenders usually don't consider applicants credit scores to be a determining factor. You're allowed to apply for bad credit loans with any FICO score if you meet our basic requirements.
02
Where Can I Borrow Money Today?
You can get short-term loans with the same-day approval from various online lenders, lending companies, and loan agencies. ASAP Finance is always here to provide you with the assistance you need. However, lenders usually transfer money by the end of the next working day. Some loan options, such as a payday loan or an installment loan, may also offer a same-day money deposit if you are approved before 10:30 AM on a weekday.
03
Can I Get a Fast Loan If I Have No Bank Account?
In some cases, a lender can deposit your funds into a savings account. However, most lenders require you to have a bank account to transfer the money.
04
What to Do If I Need Money Now Unemployment?
You can still count on our assistance if you have some other steady source of income, for example, disability and unemployment benefits, alimony, or self-employment income. If not, you can consider some additional options, for example, freelancing or getting a side job.
Submit an online application and get the funds in your bank account within 24 hours.Take your first step today and get preapproved for a LoanApply Online NowI read and agree to Terms, Rates, Privacy Policy before submitting a loan request.