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QUICK WAYS TO BORROW MONEY
There are times in life when you need money
at your earliest for emergency medical
treatment or an urgent expense, but you
might not know where to start on. Whatever
the reason, sometimes you just need to
borrow money, and you need to do it quickly.
When there is no more time left with you to
wait for money and you are in a confused
state of mind for finding solutions.
• Insta loan:- It is a kind of online personal loan
which is disbursed within 24 hours. It is an
exclusive product of Finance Buddha. Online
loans are always one of the best options when
it comes to an urgent need. Online loans are
completely paperless loans where no physical
documents are asked to be produced. Thus it
is one of the most hassle-free and quickest
loans that can make problems solved with an
ease.
• Peer to peer lending:- It is a kind of loan where
no financial institution is involved. It is a loan
directly from the investor to borrower. In this
system of lending and borrowing the lender earns
more interest than keeping their money in
savings accounts, whereas the lender has to pay
less interest compared to financial institutions.
Some online platform such as Monexo,
Lendenclub, Lendbox, Faircent are doing pretty
well in making P2P lending easy in India for
commoners.
• Credit Card- Credits cards are the solution to all
your economic crises which we nowadays carry in
our pockets. Anywhere, anytime, in any situation,
credit cards are the first thought comes to our
mind. It is so easy to access that any person opts
for this option without any second thought. But
one should be careful again while using credit
cards. Though they are giving options like EMIs
but you have to be careful about the interest
rates on your credit card.
• Early Salary- This is a very common situation
for almost all the salaried persons that the
end of the month you face a shortage of
amount in your account. Whilst this kind of
money shortages are obvious to fetch mental
disturbances that may affect your professional
life. So, to fight those situations an Early salary
loan is the perfect solution. Here you can take
loans of small amounts to run the last few
days left in the month or you may say till your
next salary comes.
• Borrowing from family or friends:- It is one of
the most reliable options that one may go for
while having an instant need for cash. If you
have a family member or a friend willing to
lend you, then this may be the best options,
as someone you know is more likely to loan
you at a flexible interest rate of in terms of
tenure. Before taking a loan you must make an
agreement on how much they are willing to
loan you and their expectations on repayment
or any possible interests.
• Home Equity Loan:- This kind is a secured loan
where the borrower uses the equity in their
home as a collateral for the loan. This is a
secured loan so the interest rate is supposed
to be lesser than other loans. The loan is
available against any residential or non-
residential property but it must be a fully
constructed property.
• Pawn Brokers- If you need an instant small
amount of cash that you can even go for
pawnbrokers with your valuables. Nowadays
pawn brokers come with a huge option of items
they take as collateral such as electronics,
ornaments, musical instruments, books, coins,
bicycles and so on. The brokers will fix a period of
time for repayment of your loan. If the
predetermined time of repayment passes, then
the broker will sell your stuff to collect the money
which he has loaned you. This is the reason for
which this kind of loans comes with a surprisingly
less interest.
So, here we have shown some of the quick
ways which can use at the time of
emergencies to borrow money. Anyone can
get personal loan online today various
financial institutions, but it is always advisable
to think and rethink about all the options and
find out which goes best not only to fulfill your
demand but also in terms and conditions too.

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Quick ways to borrow money

  • 1. QUICK WAYS TO BORROW MONEY
  • 2. There are times in life when you need money at your earliest for emergency medical treatment or an urgent expense, but you might not know where to start on. Whatever the reason, sometimes you just need to borrow money, and you need to do it quickly. When there is no more time left with you to wait for money and you are in a confused state of mind for finding solutions.
  • 3. • Insta loan:- It is a kind of online personal loan which is disbursed within 24 hours. It is an exclusive product of Finance Buddha. Online loans are always one of the best options when it comes to an urgent need. Online loans are completely paperless loans where no physical documents are asked to be produced. Thus it is one of the most hassle-free and quickest loans that can make problems solved with an ease.
  • 4. • Peer to peer lending:- It is a kind of loan where no financial institution is involved. It is a loan directly from the investor to borrower. In this system of lending and borrowing the lender earns more interest than keeping their money in savings accounts, whereas the lender has to pay less interest compared to financial institutions. Some online platform such as Monexo, Lendenclub, Lendbox, Faircent are doing pretty well in making P2P lending easy in India for commoners.
  • 5. • Credit Card- Credits cards are the solution to all your economic crises which we nowadays carry in our pockets. Anywhere, anytime, in any situation, credit cards are the first thought comes to our mind. It is so easy to access that any person opts for this option without any second thought. But one should be careful again while using credit cards. Though they are giving options like EMIs but you have to be careful about the interest rates on your credit card.
  • 6. • Early Salary- This is a very common situation for almost all the salaried persons that the end of the month you face a shortage of amount in your account. Whilst this kind of money shortages are obvious to fetch mental disturbances that may affect your professional life. So, to fight those situations an Early salary loan is the perfect solution. Here you can take loans of small amounts to run the last few days left in the month or you may say till your next salary comes.
  • 7. • Borrowing from family or friends:- It is one of the most reliable options that one may go for while having an instant need for cash. If you have a family member or a friend willing to lend you, then this may be the best options, as someone you know is more likely to loan you at a flexible interest rate of in terms of tenure. Before taking a loan you must make an agreement on how much they are willing to loan you and their expectations on repayment or any possible interests.
  • 8. • Home Equity Loan:- This kind is a secured loan where the borrower uses the equity in their home as a collateral for the loan. This is a secured loan so the interest rate is supposed to be lesser than other loans. The loan is available against any residential or non- residential property but it must be a fully constructed property.
  • 9. • Pawn Brokers- If you need an instant small amount of cash that you can even go for pawnbrokers with your valuables. Nowadays pawn brokers come with a huge option of items they take as collateral such as electronics, ornaments, musical instruments, books, coins, bicycles and so on. The brokers will fix a period of time for repayment of your loan. If the predetermined time of repayment passes, then the broker will sell your stuff to collect the money which he has loaned you. This is the reason for which this kind of loans comes with a surprisingly less interest.
  • 10. So, here we have shown some of the quick ways which can use at the time of emergencies to borrow money. Anyone can get personal loan online today various financial institutions, but it is always advisable to think and rethink about all the options and find out which goes best not only to fulfill your demand but also in terms and conditions too.