A couple who need 500 dollars now

Need 500 Dollars?

Do you need $500 now? We can help with that. Take a look below and see our step by step guide to getting the money you need. Use the money for whatever you need, whether that be an emergency, an unexpected expense or just something that you can’t live without. Ready, let’s get going.

Step One

First, let’s secure a free loan quote. You do not have to accept the loan but this will give you some security. You might get a great offer that you can’t refuse or simply a nice backup. It is nice knowing that money is there if the other options do not work for you.

How Does The Loan Process Work?

It couldn’t be easier to get the money that you need, in this case, you need 500 dollars now. You can get a quote for that amount ASAP in just a few steps. Just fill out the form, review your offer and then accept your loan.

$500 Loan Infograhic

Quick Links

Get A Quote – Need More ChoicesSell 500 Dollars In StuffMake MoneyAbout Fast Loans

Want To Know More First?

The process of getting a quote for 500 dollars is simple. Fill out a short quote form with your information and click submit. Your information will be securely sent to a lender or lenders in the loan network and if approved, the lender will provide you with an offer. You will be able to review the offer and decide if it works for you. If you like it, accept the offer and your money will be wired directly into your account ASAP.

Now, you might be wondering just how hard it is to get approved. The truth is that it is not that hard. Most people will get approved for a loan if they meet just a few basic requirements. You need to have some source of verifiable income for starters. This does not have to be a regular job. It can be any income like a monthly settlement, child support, etc. You just need to show that you have some kind of money coming in. Next, you need to have a checking account. This is where your lender will deposit the money and where they will take out the repayment. A savings account will usually not do. Finally, you need to have a good contact number. Your lender does need a way to get ahold of you. That is it in most cases. Have those few things and you will have some great odds of getting your $500 now.

So, what happens if you get approved? First and foremost, you need to review the details. Make sure that you know exactly what you are agreeing to. These loans are a great way to get some fast money but like every loan, it comes at a cost. Read your documents well before signing anything. If you are unsure about something, ask your lender for clarification.

If you do agree to the terms, your lender will deposit the money directly into your bank account, as soon as the next business day. You can then use the money for anything you like.

Step Two

Now, let’s take a look at some other loan sources. These could be either free or reduced cost options.

Other $500 loan sources to get.

 

  1. Ask friends or family.
    Borrowing from friends can be risky but if you are courteous and pay back the money quickly, it can work. A free loan with no fees can be nice so if this option is available, give it your consideration. The only downside is that you have to admit your financial situation but consider this another positive. Perhaps a family member can give you some advice to get you back on the right financial track.
  2. Get a credit card advance.
    If you have a card with balance left, you can get a cash advance pretty easily. Check the fees, because these advances are usually charged at a higher interest rate than other balances.
  3. Get an advance from your employer.
    Your employer may be able to extend you an advance on money that you have already earned. They simply give you money that you have already made and deduct it from your next paycheck. Many employers offer this service though they do not promote ie, you’ll have to ask.
  4. Get a title loan.
    NOT a recommended option, but we should mention it. A title loan might be an option for you if you have a free and clear vehicle title. If you need 500 dollars now or more, this could be an option, depending on the value of your car or truck. Use caution when taking out one of these loans however because they are secured. This means that if you default, they can and will come get your vehicle. Thousands of people have lost their vehicles by defaulting on them.
  5. Get a pawn loan.
    A pawn loan might be an option for you if you have a high dollar item that you can put up. The item will have to be worth around $2000 because pawn shops will only give you a fraction of the value of an item for a loan. There will of course also be fees. Most pawn shops will charge interest plus contract fees and storage fees.

Step Three

Now, how about selling $500 worth of property. This can be difficult because you might not have a lot of items that you want to get rid of or can even afford to get rid of. Still, you might have a few of the items below and they might get you the money you need.

What to sell for $500.

Even if you only make a few hundred dollars from the sale, keep in mind that the less you have to borrow, the less fees you will pay. This will make repaying the loan easier in the future.

  • Jewelry: This tops the list of disposable items that can bring big money . You can sell it on an online listing auction site or simply go to one of the many stores that buy gold and silver.
  • Electronics: Think computers, lcd televisions, iPads, high end phones, etc . Easily shipped items are great to sell at places like eBay while larger items like televisions are probably easier to sell locally.
  • Furniture: Only if you will not need to replace it. A bedroom or living room set could net you 500 dollars or more with ease. If you do not want to sell it yourself, there are consignment stores that will do the work for you in exchange for a percentage of the sales price.
  • Appliances: Refrigerators, washer dryer sets. These items are in high demand. You can probably just put a sign out and have someone knocking on your door for a washer and dryer.
  • Scrap Metal: You probably do not have a pile of aluminum sitting in your driveway but you can get it. Scrap is lying everywhere, especially in neighborhoods on bulk trash day. Just drive around and pick it up in your spare time and sell it to a recycler. Do this on a regular basis and make an easy $300 a month or more.

Step Four

If the above options do not work for you, it is time to look at some more out of the box solutions.

Other ways to make $500 or more

  1. Cut back on expenses.
    You might be able to save 500 dollars just by cutting back on bills. Call your creditors and ask to skip payments or make interest only payments. Put your satellite, cable or home wifi service on hold. Bring sack lunches to work. Walk or take the bus to save on gas. You might be amazed at all the ways you can save.Loans With Bad Credit
  2. Get another job.
    If you can do without the money for a short time, perhaps a part time job is the right place to look for your $500. Think about driving for Uber or perhaps getting a part time job stocking for Walmart. With a starting pay of $13 an hour, you can get the money you need from them in just 40 hours or two weeks of part time work.
    You cold also change your main job and possibly collect a big “sign on bonus”. Lot’s of them out there because employers are desperate for new employees.
  3. Donate Plasma
    You can earn $200 to $300 a week by donating your plasma. This would take weekly donations but you can have the money that you need in just a couple of months with this method. There are also a couple of side benefits to donation. You get to feel good about yourself because your plasma will be used to save lives. In addition, you get a mini physical since they will be taking your blood pressure, pulse and a few other tests when you donate.

Step Five

It is time to start swinging back around to loans. They are available even if you have less than perfect credit. This is because online lenders often use alternative scoring systems and have different requirements than traditional lenders.

Depending on your credit, your lender might offer you an installment loan or a cash advance. Cash advances will have lesser credit requirements but may have higher fees.

Here is what you need to get approved, even with bad credit.

  1. A source of income. 
    This should be verifiable. It does not need to be a job but it has to be money that you receive on a regular basis. This could be a severance, settlement, child support, etc. Your lender just needs to see that you have the ability to pay back the 500 dollar loan at the end of the loan.
  2. A checking account.
    No, it can not be a savings account. Your lender needs to be able to deposit funds directly into your account and then they must be able to withdrawal funds out of your account at the end of the loan. The account should be in good standing.
  3. A valid telephone number.
    Your lender needs to be able to contact you. This can be a land line or a cellular phone.

Have the above three items and you are well on your way to getting your money. Now, some lenders might require a few more things because each will have their own specific requirements. This is where Loan Monkey helps. Our lender network can get you in front of more lenders potentially. When you fill out the quote form your information will go from lender to lender until one is found with whom you meet their requirements.

More Questions

  1. How long will it take to get started today?
    You can fill out your quote form in no time at all. The online form is short and you will get your decision very quickly. Once this happens, you will be given an opportunity to review your loan offer. If you accept it, your money will be deposited right into your account, as soon as the next day.
  2. Can i be approved with bad credit?
    Yes, even if you have what you consider to be bad credit, you can still be approved. Lenders realize that bad things happen to good people and you can still get approved with bruises on your credit.
  3. When do I pay the money back?
    The length of the loan depends on how much you borrow, your credit and the offer that your lender sends you. Your term will vary.
  4. How much money can I take out?
    Amounts can vary from state to state and based on your credit. In any case, you should only take a loan for the amount that you need to get you through an emergency. You can take out as little as 200 Dollars or thousands.
  5. What can I do with my money?
    Whatever you want, it is your money. Once the money is in your account it is yours to do with as you please.
  6. Can I get an installment loan?
    Sure, you can apply for both a $500 payday loan or an installment loan. The benefit to the installment version is that you can break the payments up over multiple months or pay periods. The benefit to the payday loan is that it is easier to qualify for, even if you have a poor credit score.
  7. How can I get a better rate?
    Your loan interest rate is determined in large part by your credit score. To get a better rate, you need to improve your score. This is easily done by paying your bills on time and keeping your credit card balances low.
  8. Can I get more money?
    If you qualify for an installment loan, you may be able to take out more than a 500 dollar loan but you should use caution. Loans are serious matters and you should only take out as much as you need to get by. Even if offered more, it does not mean that you can afford it, so keep that in mind.
500 Dollars ASAP
  • Review
5

Summary

Getting a small dollar cash loan can be a difficult thing, especially if your credit is less than perfect.

The purpose of this article was to inform consumers how to get a loan if they need one in a hurry.

In addition, you will find ways to get money without a loan and things to watch out for during the loan process.

11 Replies to Need 500 Dollars?

  1. I like your tips on how to save money by cutting expenses. Never thought about asking for an interest only payment to save money. Keep up today work.

    1. My credit card company would not let me do an interest only payment. Had to go thirty days late and it dinged my credit. Bunch of jerks. Think they just wanted the late charges.

    1. Depends, there are still some pretty pricey larger sets. In any case, you might get part of the money you need.

    2. True, TVs drop in value so quickly after you leave the store. Buy something for $500 and you would be lucky to get $200 for it used.

Leave a Reply

Your email address will not be published. Required fields are marked *