Finding an emergency cash service shouldn’t be a struggle. When unexpected difficulties arise, you may need to get emergency cash fast. And if you do not have an emergency fund to rely on, things can get complicated. When looking for emergency cash services, you may want to consider all of your options!
One place to start is with Max Cash® Title Loans! Our team can help you connect to lenders that provide emergency cash services through a title loan. Applying for an online title loan can take just minutes to do!
To learn more about where to find emergency cash services, keep reading below!
Using your Credit Card to Get a Cash Advance in a Crisis
When you are a cardholder with a credit card, use your card benefits to your advantage! What many cardholders may not know is that a cash advance can be an emergency cash service.
If you have an available line of credit, getting cash in a crisis is easy. A cash advance means to borrow off of a line of credit. Cardholders can take out cash from an ATM with a VISA card, MasterCard, or other type of credit card.
A cash advance will have the same interest rates as a regular purchase with your credit card. Sometimes, the interest rates can be even higher depending on your card issuer. To avoid fees and interest pay your credit card bill in full! As high utilization, or using more of your available credit, will factor into your credit score.
Where to Find Emergency Cash Services with Your Credit Card When Traveling Abroad
When traveling abroad, you can request for emergency cash services through a concierge. As a cardholder with major credit cards like VISA, MasterCard, or American express, you can be sent a wire. This is done via Western Union, or MoneyGram.
Emergency cash advances are only for crisis situations. They are expensive, and you will only be able to pick up the cash in local currencies. As a cardholder, global customer assistance services can be contacted to help you in a crisis. If you are outside the United States, simply call the toll-free card number through your card issuer.
Generally, this can help cardholders get cash when there is no access to a bank account. If a borrower has lost their credit card, they can still use other means to access cash through their services agent.
Depending on the concierge and your location situation, you could receive your cash in as little as a few hours or a few business days. To better prepare traveling, call your credit card issuer and bank ahead of time. Inform them of your future whereabouts and consider getting a prepaid card for your next trip! I t can save a lot of hassle if you lose your credit card or debit card.
What are Emergency Cash Advance Loans?
An emergency cash advance can also be an option if you are unsure of where to find emergency cash services.
They can be found through credit issuers like:
- Credit Unions
- VISA
- MasterCard
Some credit cards or credit unions will allow users to take a cash advances against their credit limit. This is only for emergency situations! It can be done at an ATM, or through a bank withdrawal.
While this can be an option for borrowers during a crisis, there are pros and cons to consider when borrowing against your credit limit. It can hurt your credit score, which can affect your life in a multitude of ways!
What Loan Options Do I Have?
In addition to credit card cash advances, there are other loan options to be considered:
- Payday Loans: Like the name would imply, they are meant to last borrowers between paydays. They are short-term loans, and lenders will charge a fee as well as interest to borrow them. While they are fast, they can hurt a wallet in the long run! Before taking out a payday loan, be mindful of other alternative options available.
- Personal Loans: Borrowers that have excellent credit should consider a personal loan as an emergency cash service. They can be for a variety of things. However, if your credit is not ideal, you may get a poor interest rate. Or, you may not even get approved at all!
- Pawn Loans: Another alternative loan option is a pawn shop loan, otherwise known as a pawn loan. This is when a borrower uses an item of value to borrow funds through the pawn shop. If the borrow fails to repay the loan, the pawn shop will keep the item. Generally, these loans are anywhere from $50-$500, but it depends on the used value of the item. If you are worried about being able to repay the loan, consider other options instead. As, you could lose your item to the pawn shop!
- Title Loans: This loan was made to help those in emergencies! Borrowers that get approved can often get their funds in as little as one business day. By using a title as collateral, borrowers can get access to funding! Good credit is not a requirement, as the value of your car is much more important in the approval process. In an emergency, this can be a great option to utilize.
How Can Max Cash Title Loans Offer an Emergency Cash Service?
When struggling to find emergency cash services, it can get stressful. That’s where Max Cash Title Loans can help! By connecting borrowers to the right title loan for their emergency situation, getting funding can be easy.1 The approval process is simple, and hassle free! All you will need to do is fill out a short inquiry form online. This can take just minutes to do.
If you are unable to go online, simply call a representative! It’s easy, and you can get the help you need 7 days a week for your convenience.