There are moments when needed cash urgently. This could be due to the broken car or emergency medical bills. If there is a need to borrow money, you have several options which include personal loans and credit card advances who give you money in an instant. This is not possible with banks and other credit unions as they take time to process the loans, sometimes days and week.

Before you make up your mind on borrowing money, it is important to look around for options.

1. Federal Credit Union: Federal Credit Unions are supervised by the National Credit Union Association(NCUA), a federal agency. The interest rates are 9.6% APR which will amount to a repayment of $1,155. The loan gets approved in a week or more.
2. Online Personal Loans: Online personal loans are lenders without brick and mortar. Everything they do is through online process. The interest rate is at 19.84% which will amount to a payment of $1,335. The loan gets approved within a week.
3. Credit Card Cash Advance: Credit Card Cash Advance is a short-term cash advance taken against your line of credit. The interest is 25% APR which amounts to paying $1431. However, approvals are immediate and you will get advance within a day.
4. Payday Loan: Payday loans are loans given against your payday checks. This is the most expensive of all loans with APR of 391% amounting to $11,370 at the end of the term. However, this loan is sanctioned immediately.

If you have bad credit, loans are nasty way getting into deeper trouble. You can look at other ways to get cash without a loan. If the bills are high, negotiate on the bills with hospitals in case of medical bills or cash servicing company in case of car repairs. You can borrow from friends who don’t need credit checks at all to give you a loan.