We’ve all been there before.  Maybe you’ve been laid off, you’re dealing with a divorce, unexpected medical bills, or you just can’t seem to get ahead.  You’re working more than one job to stay afloat and you just need a little help to get you in a better place financially.  One of the best solutions can be a short term loan, especially if you need the cash very quickly.  Usually these rapid loans can get cash in your bank account within one business day.  Trying to get a loan through a traditional bank is almost always too difficult and time consuming, especially if you have bad credit.  The nice thing about small short term loans is you can easily get approved regardless of your credit score.

Sometimes, even when things are ok and your finances are under control, situations can surprise you and you find yourself stressed out over bills again.  Even just one event can be enough to throw things out of whack and send your finances spiraling down.  For example, you get sick and need some expensive treatment or medication that you obviously weren’t prepared for. Even with health insurance, sometimes the high deductibles or drug costs quickly become too much of an expense for you to handle.  Another example is when you forget about an annual expense.  It’s easy to plan for regular monthly expenses, but sometimes the cost of renewing your driver’s license, getting your car inspected and reregistered, or even property taxes not in escrow can be a surprise you are not ready for.  Those are some great examples of when a short term loan can be a huge help in getting your finances back on track.Also, if you have a vehicle, you will have the added cost of auto maintenance and repairs to some extent.  If your car is not under warranty and a part needs to be fixed or replaced, sometimes it can be very expensive considering the added cost of labor.  If you haven’t planned for this, it can be a significant blow to your bank account, or could even cost more than you can afford.  However, you don’t have time to save up for a car repair because you need to get to work, school, etc, and you can’t wait.  When situations like this leave you frustrated and hopeless, and you find yourself saying – I need help paying bills – then a short term loan can quickly get you the cash you need.

Our income doesn’t always keep up with inflation.  This can show up as increased expenses at the grocery store and the gas pump.  It can also be felt in our utility bills.  Lately, energy costs have increased noticeably.  If you live in a warmer climate, the added cost of using your air conditioner more in the summer could really impact your finances meaningfully.  The same goes for colder climates during the winter with the increase in heating costs. A short term loan could help you get through those seasonal months without derailing your finances.

As mentioned earlier, sometimes it’s not an option to get a loan through a traditional bank.  Besides not always having the time to go through the application and processing period, if your credit score isn’t high enough, you probably won’t get approved.  The nice thing about short term loans, or sometimes called bad credit loans, is that they usually don’t require a credit check.  An online lender will normally just do a soft credit pull, which doesn’t affect your credit score like a hard credit check would.  The application process is usually completed within minutes, and you can get an approval just moments later.  One example of a company who specializes in these bad credit loans is ineedhelppayingbills.com – they can help you get the cash you need and can be direct deposited to your account as soon as the next business day.  Additionally, you can find companies who will also approve you for the following types of bad credit loans: personal loans, installment loans, auto loans, and business loans.

An important consideration – if you find yourself repeatedly needing to get bailed out financially, it’s important to work on a plan that will lower the cost of your bills.  An easy starting point is to write down everything you spend money on every day for a month.  Take a close look at what you’re spending money on and reevaluate what are needs vs. wants, and then decrease the excess spending on things you don’t really need.  It will take some discipline but stay focused and you can do it.  Look for new ways to enjoy your life that don’t cost as much money – reading, listening to music online, walking/running, playing an instrument, honing up your artistic skills, etc.  However, even once you’ve financially improved your regular day-to-day life, and you still find an unexpected expense you just can’t handle, a short term loan can be a great solution to getting some cash in your account by the next business day.