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Where is the Best Place to Get a Cash Loan in an Emergency? When you are in need of cash during an emergency, you will want to know that you can get your hands on that money ASAP. You can go about borrowing this money in several ways: 1. 2. 3. 4.

You can ask a friend or relative if they will offer you a loan You can see if your bank is willing to offer you a loan You can get an instant payday loan You can ask the Benefits Office if they will offer you a crisis loan

Why a High Street Bank is Inappropriate Clearly, with the second option, there is no way that you will be able to get the money in time to cover the cost of an emergency (-an emergency could be something like a burst water pipe, where the plumber expects payment as soon as the work is complete). The mainstream banks simply do not offer money on an instant cash basis – not only that, but they will only lend you cash of more than £1000 and they will expect you to take out the loan over a 12month minimum repayment period. Therefore, option two is completely out of the question if you want to get your hands on cash fast. Furthermore, your local bank may be closed during the time of the crisis. If you have a burst pipe at three o’clock in the morning, your bank manager is not going to open up the branch for you at that time. Not only that, though, even if the emergency happens in the daytime, most banks will still want you to go and see them in branch, and this takes time; and time is something that people tend not to have during an emergency. Therefore, a high street bank is not a good place to look for an emergency loan.


Is Your Friend or Relative OK for An Emergency Loan? It is rarely a good idea to borrow money off friends and family. Many relationships have been ruined by such an undertaking. Common problems occur when the lender needs the money back during their own emergency, or when the borrower does not have the money on time as agreed, or when the borrower keeps asking for more and more money. It is rarely a good idea to borrow from friends; but you probably already know this. Is the Benefit Office worth a Shot? The benefit office may be worth trying, but they have very stringent rules about whom they lend money too. You have to prove that the problem is really an emergency and that you are truly in crisis. They usually require you to need the money for basic needs, such as food and rent. In some areas of the country, it is much harder to borrow money for a crisis loan because the area is already inundated with people needing money. For example, if you need Instant Cash Loans in South West England, you are unlikely to be able to get a crisis loan expect in extreme circumstance. Another problem is that the benefit office may not be open when you need the loan, or they may ask you to make an appointment, which can take a few days to arrange with councils that are already inundated. So, what is the Answer? If you live in Yorkshire and the Humber, the answer is to get an instant cash loan from one of the payday lenders. The application process takes a matter of minutes, and the money will be in your bank account on the same day. There are a few things that you need to understand before taking out a payday loan. If you are looking for Instant Cash Loans in South West England, then you can find out more information, including how to apply for a loan and what you can expect when taking out such a loan, at Handy Cash www.Handycash.co.uk. Office Address: 116 Leavesden Road, Watford, Hertfordshire, WD24 5DL Email: info@handycash.co.uk Phone: 0800 652 4003 Fax: 0800 652 4005



Where is the Best Place to Get a Cash Loan in an Emergency?