There are many reasons why any of us might need money in a hurry. Sudden urgent expenses like car breakdowns or medical problems can drain your bank account in the blink of an eye. Unpaid rent and utility bills raise the possibility of eviction or cutoff of services. It may look bad, but there are many resources which can help you keep your head above water in an emergency.
If you need to borrow just enough money to tide you over, payday lenders specialize in providing fast cash to their customers. In a standard check advance Mississippi, you postdate a check to the house for an agreed amount, plus lending fees, for your next payday or another date. On that date, you bring in the cash and the shop gives you back your check. Most lenders require a current bank statement and some proof of income.
If you need a bit more cash than you can repay in a month, you might consider pawning your vehicle title. This service is provided by many payday lenders and pawnbrokers. Once your car is inspected and its worth calculated, you agree on the loan amount and the interest rate. You relinquish the physical copy of your title as collateral. The lender puts a lien on your car title, which is removed after you pay off your entire loan. Lenders only accept a clear car title, meaning you own the vehicle outright and have no other liens on it, but do not usually check credit scores.
You may have other personal property which a pawnbroker would take. Common pawnshop items include jewelry, guns, and musical instruments. After the pawnbroker determines your property’s value, you negotiate the loan amount and length of time. Within the specified time frame, if you come up with the money, you can redeem your property for the agreed amount plus interest.
When emergencies arise, financial troubles aggravate an already stressful situation. Bear in mind these methods to secure quick cash in your hour of need.