Fast Cash Loans from $200 - $3000

Published on: July 24, 2024

Updated on: October 25, 2024

You can get extra money quickly with a fast cash loan. Fast cash loans are designed to get emergency funds in your hands much faster than traditional loans. These loans don't require a long application process or extended approval periods. You'll usually know if you're approved within the same day you apply and could even have the money before the day's end.

Key Takeaways

Fast cash loans provide a rapid solution for unexpected expenses, with a simple application process and instant approval.
These loans can cover various emergency needs such as home repairs, medical bills, auto repairs, and other unforeseen financial burdens.
Generally, online fast cash loans do not affect your credit score unless you default and the debt is sent to collections, which can then negatively impact your credit.

Blog Contents

Fast Cash Loans from Simple Fast Loans

Simple Fast Loans specializes in providing quick loans for those facing unexpected expenses. With a fully online application process, you can complete everything from the comfort of your home, from filling out the application form to signing documents.

Instant loan amounts range from $200 to $3,000, depending on your state and financial situation, offering flexibility to meet your specific needs. The repayment process is made easy through online accounts, ensuring you can manage and pay off your loan without hassle. Prioritizing your current financial situation over your credit history, Simple Fast Loans is a viable option for many seeking swift financial support.

Fast application process. At Simple Fast Loans, the entire application process is conducted online. From filling out the inquiry form to signing documents, you can complete everything from the comfort of your home.
Flexible loan amounts. Simple Fast Loans offers loan amounts ranging from as low as $200 to up to $3,000, depending on your state and financial situation.
Convenient repayment. Repayment is made easy through online accounts, allowing you to manage and pay off your loan without hassle.
Customer-centric approach. Simple Fast Loans prioritizes your current financial situation rather than your credit history, making it a viable option for many in need of quick financial assistance.

Get started with the easy application. It won't impact your credit score.

What Is a Fast Cash Loan?

A fast cash loan is short-term in nature and available to help pay for emergencies and bills outside of your everyday financial obligations. They're designed to be solutions when you get stuck with extra expenses.

How Does a Fast Cash Loan Work?

Generally, fast cash loans are for smaller amounts and have short repayment periods. Some fast cash loans may be as small as $500.

The application process is typically simple and short. There may not be much in terms of a credit check if there's anything at all. This type of loan is meant to help with immediate financial needs.

The terms of the loan are discussed at the time of the application. You may need to repay the loan in one lump sum upon your next payday, while others will allow for payments over a short term.

You should expect to pay some fees and interest, as well.

A woman getting fast cash loans

What Can You Use Fast Cash Loans For?

There are several things fast cash loans are good options for. Most of which are bills or expenses you haven't planned for. Let's take a look at a few of them below.

Home Repairs

Homeownership is awesome. It feels good to own the home you live in. However, a lot can go wrong with a home and it's expensive to maintain them, sometimes.

While you have home insurance and warranties that cover some kinds of repairs, they don't cover everything. You could have necessary home repairs pop up on you at any time. What do you do in that case?

This is an instance that a fast cash loan is a good option for. Let's say you need a new washing machine. You hadn't budgeted for that with your normal bills and you can't make do without one. You can get a fast cash loan and have the money to buy a new washing machine that day, in many cases.

You don't have to put off repairs that need doing today because you can get a fast cash loan to pay for them.

Medical Bills

Did you know that even though around 90% of Americans have some health insurance, there is a large part of the population that can't afford their medical bills? In some states, nearly 20% of the population is sitting in debt from medical bills.

Medical bills can be tough for anyone to cover when they arise. Illnesses and surgeries are expensive and insurance only pays for so much. You don't want to pull money from your regular bills to pay for the medical expenses but you also don't want to deal with late fees and other consequences for not paying the medical bills.

A fast cash loan can help you get those unexpected medical bills off your plate. Remember though, that fast cash loans are typically for smaller amounts than more traditional loan types. You won't get to pay off large medical bills with one fast cash loan.

What you can do is pay up the portion that's due or a payment you're overdue on. Using a fast cash loan is a good way to get back on track with your payments if you've fallen behind.

Auto Repairs

Our vehicles are exposed to a lot of things. Weather, traffic, reckless drivers, dirt, unrepaired roads, and other hazards can cause any number of things to go wrong with a car.

As is true with homes and health, insurance doesn't cover everything. You can get stuck with auto repair expenses when you need your car to run properly.

Auto repair shops don't generally allow customers to make payments for the work they need done. If you need to pay to keep your car on the road, a fast cash auto loan can get you the extra funds fast to do that. You can borrow what you need to fill the gap beyond what your budget allows, in some cases, too.

Unexpected Expenses

Life, in general, is unpredictable and expensive. You don't know when unexpected expenses are going to pop up. You can't plan for all financial emergencies.

Instant cash loans are not meant to pay for wants as much as they are meant for necessities. You should not apply for a fast cash loan to pay for things like vacations or new wardrobes. Don't try using a fast cash loan for holiday shopping or frivolous things.

You want to use a fast cash loan to pay for unexpected expenses like when appliances that die, a new computer should yours stop working, or anything that pops up unexpectedly which could lead to financial hardship. This type of loan should be thought of as a tool for help with solving a problem instead of an avenue for getting things you want.

Moving Expenses

Most of the time we know when we're going to move. That being said, you can find you have to move suddenly making all the expenses that go along with relocating unexpected. A fast cash loan can help with this situation.

Even if you know you're moving, though, you will usually have more expenses than you planned for. Moving is expensive and usually comes with continued expenses that pile up along the way. You find yourself saying, "I didn't think about that," as you fork out more cash for more things.

This is a good use of a fast cash loan. When you find there are more expenses than you anticipated, you can get extra funds immediately to cover everything beyond what you budgeted for. Then, you can pay back the money once you're settled.

How Does a Fast Cash Loan Affect Your Credit?

Your credit score is generally not impacted by taking out a fast cash loan. This is because most lenders in this space do not conduct credit checks when approving your loan application, and they also do not report your loan or repayment activity to the major credit bureaus (Simple Fast Loans does conduct a soft credit check). As a result, the presence of a fast cash loan on your financial record is usually invisible to traditional credit scoring systems.

However, it's important to be aware of the potential consequences of defaulting on a fast cash loan. If you fail to repay the loan, the lender may send your debt to a collections agency. Collections agencies do report to credit bureaus, which can cause a significant drop in your credit score. Therefore, while taking out a fast cash loan might not initially affect your credit, ensuring timely repayment is crucial to maintaining your credit health.

How Do You Apply for a Fast Cash Loan?

The application process is different from company to company. Many have inquiry forms you can fill out online to send to the company requesting contact. Simple Fast Loans, for example, has an online application that can be completed from a laptop or smartphone.

Once the inquiry is received, a representative reaches out to you to complete the rest of the application process. You can ask any questions you have and the loan terms will be explained.

You may or may not have to go to an office location to sign the loan documents. Many companies are happy to do the entire loan process through email or online document sign applications.

If you're approved, you will have your cash either that day or the following business day, in most cases.

How Do You Make Loan Payments?

Most of the time you'll pay your loan back online. At Simple Fast Loans, we do everything online with our customers. The entire application process is online. We collect signatures online. And you can pay your loan back through your online account.

Fast cash loans can be useful tools when you get hit with unexpected expenses. You can use them to help with financial emergencies for home repairs, auto repairs, medical bills, and more.

We plan our finances but we can't account for everything. That's where a fast cash loan comes in. You can apply, get approved, and have the extra cash you need all within one day.

25 Alternative Ways To Get Cash Fast

If you’re looking for ways to get cash fast, it’s likely because you are in a tight spot with urgent costs to cover as soon as possible. In that case, the first thing you must remember is not to panic, which can cause you to make unwise financial decisions.

There are plenty of ways for you to get cash fast. You might only get some of the money you need by just using one method, but combining several of them could help you overcome your financial challenge. Here are 25 legitimate ways to get cash fast:

1. Sell Spare Electronics

Most people upgrade their electronic devices every few years. That includes smartphones, tablets, laptops, and more. If that sounds like you, that’s the first option to consider when you need fast cash.

Look around your home for any spare electronics you might have. No matter how outdated they seem, there’s usually a buyer willing to pay you for them.

You can sell your unwanted devices through online marketplaces, social media, or mobile apps that allow users to sell used items.

2. Sell Your Gift Cards

Besides electronics, people sometimes have unused gift cards lying around. Gift cards are typically only useful for buying items from stores that issue them.

However, one way you can use them to get cold hard cash is by selling them to someone else. You might want to sell them for slightly less than the gift card's value. That way, it’ll make it a worthwhile purchase for the buyer.

You can also consider using social media to reach more potential buyers. However, gift cards are quite valuable, so your friends, family, or neighbors might be willing to buy them from you directly.

3. Pawn Something

You’ve probably seen pawn shops while driving around your area. If you’ve never been inside one before, now’s a great time to familiarize yourself with the services they provide.

People typically bring their valuables to pawn shops to use as collateral for short-term loans. The general idea is that if you don’t pay them back within a certain period, the pawn shop can sell your collateral to get their money back.

However, pawn shops can also offer to buy your item directly and pay you for it, instead of using it for a loan.

Pawn shops usually accept a lot of different items like:

Jewelry
Collectibles
Electronics
Sports gear

If you have access to more than one pawn shop, be sure to compare them and get the best deal possible!

4. Complete a Quick Job or Task for Cash

Some ways of finding cash are less obvious than others and require you to do a bit of digging. For example, you can find work arrangements that pay you daily.

Some might call these "odd jobs," where you help people with tasks for instant payment.

A popular example is helping your neighbors by moving their lawns during the summer or shoveling their walkways in the winter. However, there are many other odd jobs you can do in exchange for cash like:

Helping people assemble or dismantle their furniture.

Doing yard work
In addition to mowing lawns, you could help maintain plants
Minor home repairs
Moving items between homes
Cleaning and organizing someone else’s home

You can find these opportunities by asking around if the people you know need any help. Social media can also be helpful to cast a wide net and find more opportunities.

5. Seek Community Loans and Assistance

Depending on your needs, you can also apply for community loans and other forms of financial assistance.

Community loans are those provided by small financial institutions that typically charge less in interest and fees.

Meanwhile, some nonprofits offer help for specific reasons like paying rent or covering utility bills, among others.

6. Ask for Forbearance on Bills

Sometimes, a good way to find cash fast is by putting certain payments on hold. That way, you’ll free up some cash to cover more urgent payments in the short term.

One way you can do that is by speaking to your utility service providers for a forbearance on bills.

Some providers might allow you to put your bill payments on hold for a while to help you through challenging times.

7. Request a Payroll Advance

When you need fast cash, consider speaking with your employer. Some are willing to help their employees by giving them an advance on their payroll when they need the funds urgently.

Just remember that taking an advance means your next paycheck will be a smaller amount when it comes. So, it’s best to consider all available options before choosing this one.

Related: Ask for a pay raise to earn more money

8. Take a Loan from Your Retirement Account

Believe it or not, your retirement accounts can also help you today. Typically, those funds are not accessible until you reach your retirement age.

However, many have options for you to borrow that money temporarily through a loan.

Just be mindful of any fees or penalties that come with this option. You must consider the total cost of accessing that money and comparing them with other options on this list.

9. Borrow Against Life Insurance

Here’s one method of getting fast cash that few people know about borrowing money against your life insurance policy.

Suppose you have a life insurance policy and have been paying into it for a long time. In that case, many insurance providers allow you to take a loan from them using the policy as collateral.

The amount of money you could qualify to receive will depend on that policy’s cash value.

10. Use a Credit Card Cash Advance

Earlier, you read about getting a cash advance from your employer to get fast cash. You might have heard of another type of cash advance that works with your credit card.

If you have a credit card that isn’t maxed out, most providers will let you borrow money against your unused credit.

This option is quite popular among borrowers, particularly because of its speed. Depending on your provider, a credit card advance is usually instant and allows you to withdraw cash from an ATM.

11. Look for a Payday Alternative Loan

There are plenty of loans that you can access to borrow cash. Unfortunately, not all of them are fast enough to make it worthwhile, especially if you have an urgent cost to cover.

Still, you can consider a payday loan from an alternative lender. Payday loans are short-term finance options that allow you to borrow money against your next paycheck.

You’ll typically have to pay the money back quickly by the time your next payday arrives (hence the name). However, the exact terms will depend on the lender you work with.

12. Get a Personal Loan

Personal loans are another option you could look at. These loans are very straightforward: the financial institution gives you a lump sum to borrow. Then, you’ll have to repay them according to the terms of your loan agreement.

Some financial institutions are faster than others when getting loans. Getting one from a traditional bank typically involves a lot of paperwork and long waiting times.

However, getting a personal loan from an alternative lender like Simple Fast Loans happens much quicker. You’ll only need a few items to begin the process and find out whether or not you’re approved after a few moments.

If approved, the money could be yours as early as the same day or by the next business day.

13. Rent Out a Room

Sometimes, the things you need to find fast cash are all around you. You already saw one example earlier of selling unwanted electronic goods.

Now, it’s time to consider being part of the sharing economy by renting out a room in your home.

Short-term rentals are possible thanks to mobile apps like Airbnb. However, you can also think about making it available to longer-term renters as a new income stream.

14. Moonlight as a Dog Sitter

One of the best ways to make quick money is to help someone with their regular tasks. Pet parents with dogs that need to be watched while they’re away will pay you money to take care of their pets.

The role typically involves:

Walking the dog
Feeding the dog
Playing with the dog
Checking that the dog is healthy

If you love dogs, this could be the option for you!

15. Become a Rideshare or Delivery Driver

Another popular way to find quick cash in the sharing economy is by using your car to help others.

For instance, you could become a rideshare driver picking people up and sending them to their destinations.

Similarly, you could also make quick money by using your car to deliver food or packages from one point to another.

Best of all, you get to control your own hours with these kinds of jobs. That means you could work your regular job in the day and drive in your spare time.

16. Cut Your Insurance Premiums

Remember: finding fast cash isn’t just about earning extra money, it’s also about cutting your expenses and freeing up cash for other uses.

One way you can accomplish that is by cutting your insurance premiums. Revisit your insurance policy and see whether or not paying for more coverage than you need.

If that’s the case, you can make adjustments to cut back on your insurance costs.

This applies to all kinds of insurance policies, whether it’s for your life, health, home, or car.

17. Consolidate Your Debt

Take a good look at the debts you have. Many people have to deal with multiple credit cards, loans, car payments, mortgage payments, and more. All of these payments eat into their income, leaving them with very little cash left over from each paycheck.

That’s why consolidating your debt into one could be an effective way to help you find cash fast.

That means getting one loan to pay off all your other debt. As a result, you’ll only have one regular payment to make, freeing up more of your cash for different purposes.

18. Refinance Your Student Loans

While consolidating your debt can help, so can refinancing your student loans. Refinancing means replacing your current loan with another one with smaller payments. As you might’ve guessed, smaller payments mean you’ll have more cash available to cover other costs.

Here, the most crucial thing to remember is that you should only refinance a student loan if the new loan gives you better payment terms. If not, it’s best to stick with the one you already have.

19. Change Your Cell Phone Plan

Sometimes, the smallest changes can have the most significant impact. For example, changing your cell phone plan to one that’s significantly cheaper will not only free up some of your money now, but it’ll also increase your savings in the long run.

Cheaper plans often give you enough of what you require, though you’ll have to shop around to find them.

20. Sell Unwanted Clothing

Your unused electronic devices aren’t the only thing that you can use to get cash quickly. Instead, you can also make money from your unwanted clothing, if you know where to sell them.

Neighborhood markets are a popular example of places where you can sell clothes you no longer need. Besides that, many thrift shops also purchase these items from people who need money. Of course, social media is another great place to sell clothing and accessories. No matter the kind of clothes you have, someone is always looking for a good deal!

21. Freelance Online

Freelancing is a great way to make extra cash online. However, it’s important to remember that freelancing takes a bit of time before it generates money for you.

Whether you’re freelancing as a writer, graphic designer, or anything else, you’ll need time to find clients and perform the work before getting paid. Platforms like Upwork and Fiverr simplify this process, so those are good places to start your freelance side hustle.

22. Participate In Paid Surveys

Large corporations constantly research the products they make and the consumers they serve. Some of that research happens in the form of paid surveys which you can use to find quick cash.

These surveys are pretty straightforward: they ask you a series of questions, you answer them, and you get paid.

23. Sell Handmade Crafts

There’s a large international market for handmade crafts if that’s something you’re interested in making. You can sell them at your local market, through social media, or internationally through online marketplaces like Etsy.

24. Offer House Cleaning Services

Of all the services you can offer other people in exchange for cash, house cleaning services are some of the most popular.

Think of it this way: people are busy and have little energy to spend on cleaning their homes. They are either too tired from work or taking care of their children all day. That’s where you come in. Here, your opportunity is to clean homes for your friends, family members, and clients for payment. Do a good job, and you might even turn this side hustle into a recurring gig!

25. Babysit for Neighbors

Last but certainly not least, one of the most traditional ways of finding quick cash is by babysitting for your neighbors. Unlike dog sitting, which you read about earlier, babysitting typically only happens for short periods.

For instance, the baby’s parents might want to go out for dinner and hire you to watch their baby for the evening.

Meanwhile, you’ll have to feed, entertain, and care for the child until their parents return.