What Are Some Ways to Borrow Money Quickly?


Quick Answer

Some ways to borrow money quickly include borrowing from friends or family members, getting a personal loan, or a credit card cash advance. Loans from friends pose the least financial risk of the these sources, states Lifehacker.

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Full Answer

A personal loan from a credit union or bank provides an unsecured source of quick cash. The approval time usually ranges between one and five days, and customers with better credit scores get the best credit scores, Bankrate states.

Agree on an interest rate or repayment terms with family members or friends to ensure all the parties involved are comfortable, says Lifehacker.

When using the blank convenience checks offered by credit card companies, be sure to review the terms of the checks to avoid paying high fees, according to Kiplinger.

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