While most people hope to have enough money to last them between paydays, there will be times when unexpected problems can arise. This means you need to get your hands on cash at short notice and there are a number of options at your disposal. Not every options is available to everyone and not every option is going to be suitable for every individual, but when it comes to finding cash when you really need it, there is a great deal to be said for knowing what you can and cannot do.

For a lot of people, the first solution in finding cash at short notice comes with asking friends or family members for financial assistance. This is an option that many people will ignore. It may be that asking someone they know for cash is the last thing a person wants to do or it may be that they know their friends and family members are in the exact same position when it comes to finances. If you are in a position to request assistance from loved ones for cash at short notice, consider it, but also be aware of other options.

Looking for cash at short notice these days?

If you are thinking about traditional lenders, such as banks or buildings societies, when it comes to finding cash at short notice, you should move on. These lenders are not able to move swiftly enough to provide you with the finance you need at short notice, so you will only be wasting your time. These bodies require applicants to fill out lengthy application forms and they take a long time to review these applications. When you need cash at short notice, this is not the option for you.

Another option that people will instinctively think of when it comes to finding cash at short notice is a payday loan. These have been ever present in the media in recent times but most people realise that these are bad options. They may provide you with short term cash when you need it most but the cost and short-term payback date associated with these loans means that they should be avoided at all times.

Anyone looking for cash at short notice should find that guarantor loans are a sensible option. This is because the lender looks at the credit score of the guarantor, not the applicant. This means that there is a chance to obtain an affordable rate of APR which should help people to get the finance they require and then pay it off at a reasonable rate.

It can be difficult to obtain the finance you need at short notice but it is far from impossible so please don’t give up.