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Need Money Now: Best Online Loans for Cash Quick


No matter how much you plan and save for the future, unforeseen circumstances can hit when you least expect it. Perhaps your home needs an expensive repair, or you suffer from a job loss, an illness, or some other financial emergency.

If you find yourself facing one of these situations without enough money to get through it – first and foremost, don’t worry. There are plenty of convenient loan-lending companies that can offer the extra cash you need.

For instance, payday loans websites are outstanding for fast cash and quick approvals. When you need to pay for unexpected expenses, these urgent, fast-acting loans are one option to consider (even for those with bad credit).

But, finding the right personal loan when you need to borrow money ASAP can be pretty stressful. The process of securing a loan gets even more stressful when you have the added complication of bad credit.

Thankfully, you can still choose from many short-term loans even when you have credit issues and need money quickly. To help you pick the right personal loan for you, we have gathered important information needed when shopping for online lenders.

We hope this article can help you compare these payday lenders and their rates- and ultimately help you decide to get the best possible loan.

Best payday loans for fast cash

Site Best For
🤑 CashUSA Best for poor credit rating
🤑 Best repayment terms
🤑 Upstart Best for borrowers with a limited credit history offers a vast network of lenders and advertisers that can provide you with access to money online.

Whether you need a few hundred bucks or something more substantial, this company can get you the cash loan you need ASAP. You should receive funds via direct deposit as soon as the next business day after lender approval is finalized.

All you need to do is fill out a short form online and review the terms set out on your lender’s website.


  • Approvals are given even with poor credit history
  • The online form takes a few minutes to complete
  • Industry-standard encryption and security measures
  • A vast network of direct lenders
  • Fast funding
  • Short term loans up to $2,500


  • Extremely high APRs, ranging from 169% to 1,825.00%
  • Some formal loan application processing fees 

As the name suggests, is an excellent option for borrowers with bad credit scores.

This lending network makes borrowing money fast and easy by connecting you with various organizations that process loan requests within days, sometimes hours. works with both state and Tribal lenders. Tribal lenders, however, typically offer higher interest rates and fees than state-licensed lenders because they are subject to federal and tribal laws – not state laws.

While works with borrowers with low credit scores, they will still consider your credit history, which may impact the terms of your loan, unfortunately.


  • Loan requests up to $10,000
  • Several lending options for bad credit borrowers
  • Free service that connects you with multiple online lenders


  • APRs vary depending on the lender (though most offer very high percentages)
  • Your credit history is considered.
  • Higher interest rates when using Tribal lenders


Avant is another option for bad-credit borrowers looking for online emergency loans and other flexible lending options.

Not only can you borrow up to $35,000 with a minimum credit score of 600, but the funding can show up in your bank account within 1 business day after approval.

Plus, lender reports account to the credit bureaus. If you repay the loan responsibly and on time, for instance, you can build your credit throughout the repayment process.

Personal loan APRs start at 9.95%, which isn’t bad compared to other lenders that cater to borrowers with credit score issues.


  • Pre-qualifications available
  • No prepayment penalties when paying off your loan early
  • Lower interest rates than other online lenders
  • Funding is available as soon as the next business day


  • Upfront administrative fee up to 4.75% 
  • Most applicants are required to have a minimum credit score of 600 or more 

Upstart is another excellent option for those who quickly need money in their bank account and have poor credit.

During the underwriting process, the lender determines online loans using alternative data, giving borrowers with bad/fair credit and high earning potential a chance to qualify for an emergency loan.

Funds are sometimes available within one business day, and borrowers can even choose or change their repayments dates. The estimated APRs range anywhere from 4.37%-35.99%, with loan amounts between $1,000-$50,000.

You must have a full-time job, job offer starting in 6 months, a regular part-time job or other steady sources of income to qualify for a loan with Upstart.


  • Borrowers with new credit are welcome.
  • Direct payment to creditors
  • Some debt consolidation loans are offered.
  • No minimum credit score requirement


  • Origination fee between 0% – 8%.
  • 5% late fee of the past due amount or $15 (whichever is more)
  • Only two repayment term options

Types of emergency loans

If you need money quickly for emergency expenses, consider several loan types. However, the various options you qualify for will largely depend on your credit.

Just remember – only take out what you need and make sure that you can comfortably afford to pay it back under the repayment terms outlined by your loan provider. Essentially, the idea is to borrow as little money as necessary. Don’t take out the maximum loan amount just because you can.

Personal loans

Personal loans are generally installments in a lump sum with a fixed interest rate.

A personal loan can be paid back over a set period and can have better interest rates compared to credit card cash advances and other types of short-term loans.

They often have the flexibility to be used for various emergencies. You aren’t forced to borrow a large amount of money for a personal loan either. If you only need a small amount of spare cash, a small personal loan might be the right choice for you.

Credit card cash advance

A cash advance typically uses the available balance on your credit card to take out the loan.

Credit card providers often charge a higher interest rate for cash advances than other, more traditional purchases. There will likely be a processing fee attached as well.

Keep in mind – the advance will start accruing interest once you take the money out. If you need to borrow money urgently, it’s essential to remain mindful of how much you ask for and whether you can pay it back (plus interest).

Payday loan

A payday loan is another type of short-term loan that is repayable by your next pay period.

Unlike other emergency loans typically paid back with installments over time, a payday loan is paid back all at once.

Unfortunately, most payday lenders offer high APRs and strict terms and conditions, meaning if you do not repay it in full by your next payday, it can be challenging to pay back the loan altogether.

You should only use this option as a last resort. Other payday alternative loan options can offer better interest rates and repayment terms.

Title loans

Another type of emergency loan is a title loan. Title loans require an asset as collateral – such as your car, house, or other valuable items.

For example, if you own a car, you can use the title as leverage to access a short-term loan. These loan types are referred to as auto title loans.

A title loan is popular among individuals with bad credit. An applicant’s credit score and credit history are generally not considered when determining eligibility and qualifications.

But, there is a chance your property can be seized if you fail to repay the loan. This option may seem attractive for those with a poor credit score, but it should be carefully considered beforehand.

FAQs – Payday loans and emergency money

How can I borrow money fast?

You can get money fast through an emergency loan request with banks, credit unions, and other lenders. It’s best to compare various lending partners to find the cheapest and easiest way to borrow money.

An online lender can send funds to your bank account exceptionally quickly – sometimes the same or the next business day after approval – and many even allow you to check interest rates before applying.

It should only take a few minutes to apply for the loan, especially if you have all the necessary documentation prepared and ready to go.

What can I use an emergency loan for?

Emergency loans provide a sufficient level of flexibility. They can generally be used how you please.

If you don’t have the savings or budget to pay for unexpected expenses or large purchases, these loan types are fast and convenient when sourcing the funds.

An emergency loan is also a great option if you don’t want to max out your credit card.

Can I get a payday loan with a low income?

It is possible to qualify for payday loans and installment loans with low income.

For borrowers where this applies, use a lender that cares more about proof of steady income versus the specific amount.

What are bad credit loans?

Most online lenders will run a credit check when applying for a loan. They look at your credit report- including your credit score, credit limit, etc. – to determine the risk you pose when repaying the loan.

Having “poor credit” or “bad credit” simply means having a low credit score caused by late payments, maxed-out credit limits, short credit history, and more.

If you find yourself with bad credit and need to borrow money, this may force you to narrow your search to lenders who will consider a bad credit loan request. The interest rates, fees, and other terms for these loan types will vary depending on the lender.

Still, several credit unions, banks, and online lenders provide options for poor credit. Some have stricter requirements than others, making it very important to shop around until you find the best offer available.

What’s the difference between secured loans and unsecured loans?

Personal loans are considered either secured or unsecured.

A secured loan needs collateral, like a savings account, to back the loan.

An unsecured personal loan does not require an asset to back the funds borrowed. Because of this, they typically have higher interest rates.

What are some emergency loan alternatives?

There are some cheaper alternatives to installment loans and other types of short-term loans. But, if you need money fast, these options are not always quick and convenient ways to get extra cash.

  • Pay off bills with an income-driven hardship plan or other detailed payment plans through your lender.
  • Ask for help from local charities, nonprofits, and religious organizations.
  • Ask your employer for a paycheck advance if you need money ASAP.
  • If you’re comfortable with it, reach out to family and friends for a loan.

Key takeaways if you need quick money

Plenty of online lending platforms provide suitable loans with favorable terms. Consider using one of the companies on our recommended list above. They provide quality funding for borrowers with bad credit who need money for emergency expenses and other unexpected circumstances.

These options have easy application processes, offer quick cash, and are entirely reliable and trustworthy. They have vast lender networks and broad reaches, giving you a convenient way to get money and put yourself in a better financial position.

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