If you are able to plan ahead and you will know when you need additional money in the future, you will find it easier to make plans and provisions for the additional cash that you need. If you have more time to raise cash, you will find that you have more options when it comes to looking after your money. There is a great deal to be said for being as proactive as you can when it comes to looking after your cash, but of course, this is not always possible.

There will be times when a need for money arises at short notice. It may be that your washing machine breaks down, you have issues with the car, your boiler stops working or perhaps the kids need something urgently for school. No matter how carefully you plan ahead and try and budget, there will always be things that crop up of out nowhere, and this may leave you needing money in a hurry.

A quick loan still has to be the right loan

This is where knowing what your options are for a quick loan is important, and although you may not have too many options, there will be some solutions. You will likely find that a traditional lender or financial institution will not be able to provide you with a loan at short notice. The traditional lenders like to take time over their application process, which rules out getting money in a hurry.

This is where knowing what the other options are will be of benefit. A lot of people will instinctively move towards a payday loan. This is not a sensible solution, although given that payday loan companies make a big thing about paying out on the same day, it is easy to see why you would think that this is an option that meets your needs. When you need money in a hurry, this can seem like an attractive option, but you really need to think about other options.

Find an attractive APR

You will find that a guarantor loan will provide a much more attractive APR than a payday loan, which is a major benefit. However, you may wonder if it will meet your needs when it comes to getting the loan quickly and thankfully, there is a solution that will meet your needs.

You can find a same day guarantor loan if you meet the criteria and have everything in place for your loan. This should ensure that you find an affordable loan while also getting the money when you need it.