Need Money Before Payday? 4 Ways to Potentially Get Cash Fast

If you are short of cash and don’t know how you’ll be able to get through to your next pay check, you’ve come to the right place. Simply continue reading to discover 4 effective ways to acquire cash in a hurry.


Apply for a payday loan:

If you require money in a hurry to pay for unexpected expenses, one of your best options is to apply for a payday loan. A short term loan which is designed to help individuals stay afloat till their next pay check. Payday loans in Canada are easy to obtain even if you have bad credit as they have fewer requirements than typical loans. One key advantage of applying for a payday loan is that once your application has been approved you should receive your requested funds within a few hours.

Visit a pawn broker:

If own high value items such as a gold ring, an expensive watch or an expensive musical instrument, you may want to consider selling some of your items to a pawn broker in exchange for cash. One of the benefits of visiting a pawn broker is that you’ll be able to purchase your items back within a set period of time. As an example you may be able to purchase an item which you have sold to a pawn broker in two months time when your funds are higher.

Apply for a new credit card:

Another way to acquire cash in a hurry is to apply for a new credit card which will allow you to pay for unexpected expenses using your credit card. If this option appeals to you, it’s a wise idea to take out a new credit card at your local bank as if you’re approved for a credit card on the spot, they may be able to provide you with a new credit card to use straight away. Whereas if you apply for a new credit card online you may have to wait up to a week for your new credit card to arrive.

Ask your bank for a cash advance overdraft:

If you’ve exhausted all of the options listed above you can ask your bank manager for a cash advance overdraft. Typically banks will approve individuals for overdrafts up to a few thousand dollars. So if you only require a few hundred dollars or a few thousand dollars, you may want to further look into taking out a cash advance overdraft.

So if you require cash in a hurry and live in Canada, it’s a wise idea to use the tips listed above in order to acquire the cash which you require as soon as possible.