Top Loans For Financial Hardship

Top Loans For Financial Hardship

Keeping up with your bills can be challenging. You have to cover your mortgage, pay for utilities and feed your family and you may not have enough money to deal with emergencies that may occur.

You may, for instance, have problems covering medical bills or repairing your car if it breaks down.  Hardship loans may help at such times.

Such loans will help you deal with emergencies or cover mortgage payments when you are having financial challenges.

There are several hardship loans available that you can get to help you deal with such situations. It is essential to review each to find one that works for you and that you can afford.

Make sure that you think about all your options before picking any of these hardship loans. Here are the best loans for financial hardship.

LoanMart – USA and Canada

LoanMart, available in the USA and Canada, is a title loan company.  This means that you borrow money where the title of that vehicle secures the loan. They say that bad credit or even no credit doesn’t play a part in their decision-making process. They do not judge you on your past. You, of course,  still drive your car while you pay off the loan.

LoanMart allows up to $25,000 to be borrowed. They also say on their website that they can send the money electronically, through MoneyGram, or by check usually the next business day or in some cases, the same day. They also provide a phone number for even faster service.

LoansMutual

LoansMutual matches lenders with prospective borrowers. You can receive up to $5000 in your personal account in as fast as 24 hrs. LoansMutual is not a lender. After you fill in a short questionnaire they will try to hook you up with a lender.

The form takes only a few minutes. If the lender makes you a loan offer, you will have an opportunity to review and approve the terms and conditions of your loan offer. There are no costs to use LoansMutual’s services. You can visit LoansMutual HERE.

First Family Lending

First Family Lending matches borrowers with prospective lenders. This service is free for all people over the age of 18 that have a checking account and make $800 every month and be a U.S. citizen.

You can get loans up to $50,000 as fast as the next day after an agreement is made with a lender, and the application process takes about 5 minutes. After filling out the form and if you qualify, First Family Lending will attempt to match you with a lender.

Make sure that you take your time to evaluate the loans before you pick one. You need to consider the repayment period and interest rate, which vary on this service. First Family Lending is used by more than a million people all over the United States. Visit First Family Lending HERE.

CASHUSA.com

CashUSA matches its users with licensed lenders who provide emergency loans. You can use it if you make at least $1000 a month after tax, are a US citizen and are 18 years old. After application and approval, you can get your hardship loans the next day.

Each lender has loan terms, fees, and interest rates that you have to cover when you borrow. Ensure that you review these carefully before getting a particular loan.

You can receive between $500 and $10,000, with some of the loans available within minutes. You can visit CashUSA HERE.

The lenders deposit the money to your bank account, making it easy to make your bill payments. The loans can be used for anything that you need in your home.

Bear in mind that tribal lenders are exempt from local legislation and may charge high rates on the loans that they provide.

Interest rates on CashUSA loans range between 5.99% to 35.99%, with repayment periods between 3 to 72 months.

DOLLAR LOAN CLUB

Dollar Loan Club partners with 100’s of lenders and is able to offer various loan options to their customers. applicants must be employed at your present job for at least 90 days. Be a U.S. citizen of 18 yrs. of age. Have around $1000 a month income after taxes.

You can typically get loans between $100 and $5000, and the money is deposited directly to your bank account. Sometimes as fast as the next day. They have a Fast Lender-Approval Process making it excellent for when you are having financial problems. You can visit Dollar Loan Club HERE.

BADCREDITLOANS.com

BadCreditLoans is an online marketplace for hardship loans. This service ensures that even people with bad credit can get access to loans when they need them. To qualify for a loan, you need to be 18 years older and an American citizen.

You will need to provide a legal residency or social security number to prove you are a citizen. Make sure that you also have an active phone number, email address, and checking account.

When you get the loan, you can use it to cover the mortgage, student loan payments, among others. The repayment period is between 3 to 60 months. Bear in mind that you can borrow as little as $500 or as much as $10,000. Visit BadCreditLoans HERE.

PERSONAL LOANS.com

Personal Loans.com is a loan matching service that connects clients with prospective lenders. To get a loan, you need to provide a bank account, proof of monthly income, social security number, and proof you are a responsible borrower. You must be a U.S. citizen

After you are approved for a particular loan, the site will provide details like monthly payments, interest rates, and repayment terms. You can get loans of between $500 and $35,000.

Personalloans.com has interesting articles on personal finance that you can read along with other excellent resources. Personal Loans up to 35,000.

CASHADVANCE.com

CashAdvance.com is a free service that aims to connect its clients with short-term loans. That said, you need to be 18 years old, earn 1000 dollars a month after taxes and be a US citizen.

There are several loans available, and you need to pick one that works for you.  The payment period varies from lender to lender. The company is affiliated with Online Lender Alliance, a company that promotes online payday lending best practices. Visit CashAdvance.com HERE.

GOVERNMENT HARDSHIP LOANS

Aside from hardship loans, there are several government loans available for people going through financial challenges. They have specific requirements, but it is an excellent idea to check them out.

These include Low Income Housing Home Energy Assistance Program, Medicaid and the Children’s Health Insurance Program, and Temporary Assistance for Needy Families.

Everyone faces financial challenges at some point. If you are struggling to make your monthly payments or have lost your job, consider getting a hardship loan to help you out. Ensure that you review the loan terms to get the right one for your needs. Go HERE.

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Disclaimer: This article is meant for educational purposes only and is not intended to be construed as financial, tax, legal, or insurance advice.