If you’re looking for an instant cash loan, then you’ll likely need to try local lenders who can take, accept, and process your request in person quickly. Visiting a local lender allows them to give you the money on the spot through a check or as cash.
Another choice would be visiting a local bank or credit union where you currently hold an account. While such financial institutions offer a variety of traditional loans with instant payouts to customer accounts when applicable, it’s difficult to obtain such a loan if you have a bad credit score. Given that you have an account with them, they’ll have a full understanding of your financial history.
One possible exception is to obtain a Payday Alternative Loan (PAL) from a local credit union. PAL Loans are designed to help people get a loan in a hurry without having to deal with the high interest rates of payday loans. Places offering these loans typically consider applications from those with bad credit. Continue reading “What Are The Requirements To Apply For A Personal Loan?”