Get A Personal Loan Quote Today
“I need a 300 dollar loan today”, we get that all of the time. When an emergency strikes, it can be stressful but luckily, we can help you get through it.
First, why not get a quick loan offer. In just minutes, you can have an offer for the money that you need, even with bad credit. Once approved, you can have the money on its way and in your bank account as soon as the next business day. There is no obligation, so get started now.
What Makes A Personal Loan A Good Option?
This is perhaps the easiest way to get money. If you need to make sure that money is on the way, a loan will do just that. Just fill out one simple form and you can have an answer in a matter of minutes. If you like the offer that you receive today, you can accept it and get your money as soon as the next business day.
What Kind Of Loans Can You Get?
There are a number of loan choices available to you, even if your credit is not perfect.
An installment loan is one choice and it offers you a lot of flexibility. With this type of loan, you can break up the repayment into several smaller payments. This makes the loan much easier to pay back. In addition, because the loan is for a longer term, more money is available to you. This is important, because there are times when 300 dollars will do and there are times when you need a bit more. With an installment loan, you can borrow anywhere from $300 to $8000 or more.
An installment loan is a great choice but it does have a few disadvantages, like all bad credit loans do. For starters, because the loan is longer, you will be paying high interest for a longer period. In addition, these loans will be a bit harder to get than a payday loan so it might not be an option for you.
If your credit is too bad to get an installment loan for $300, another choice might be the much maligned payday loan. These loans are very easy to qualify for and if you choose a local cash store, you may even be able to get your 300 dollars today.
Get A $300 Loan From A Friend
Another type of loan to consider is a $300 loan from a friend or even a family member. If you have poor credit, this may be the best option for a number of reasons. It will get you the money fast without the chance of being turned down after an application.
What Makes A Friend Loan A Good Option?
There are a lot of reasons that this may be the best way to get $300 in a hurry.
First off, there would be no interest or fees. If you have ever taken out a loan, you know that the fees and interest can be steep. This is particularly true if you have bad credit. With a bad credit loan, you could end up having to pay back as much or more than you borrowed just in fees. Borrowing from a friend or family member does not have this issue and the lack of fees can help you get back on track quickly.
Another advantage is the speed at which you can get your money. If you need that 300 dollars today, your buddy can probably get it to you. Even if they do not live locally, they can instantly wire it with a number of different services like Venmo.
How Do You Pull Off A Friend Loan?
When you borrow from a friend or family member, even just 300 dollars, you need to be careful. You would hate to lose a relationship for such a little amount of money.
One way to be careful is to get things in writing. Although this is an informal loan, it is never a bad idea to get a loan contract. This protects everyone involved, It will spell out just how much was borrowed and how much to pay back. It is insurance that you do not borrow 300 dollars while your friend remembers it as a loan for 500 dollars. Memories can get fuzzy over time.
Besides getting a written contract, you also need to be respectful of feelings. Pay the loan back ASAP and be sure to not buy anything frivolous until you have done so.
Get A $300 Loan From Work
One final 300 dollar loan option for you is a loan from your employer. You might not have thought of this, but it can be a real option. You have probably already earned as much as $300 towards your next check so all it means is a little paperwork for them. There is no risk for your employer because money has already been earned.
What Makes An Employer Loan A Good Option?
This is a great option for you because it is fee and interest free. It is also fairly quick because there is no application process, although you may have to fill out some paperwork. The time it takes to actually get your money would depend quite a bit on your boss themselves. If they handle their own payroll, you may be able to get the money today. If not, you might have to wait for a check to be cut for you.
How To Pull Of An Employer Loan?
This is a pretty straight forward loan. They advance you money and then pull it out of your next check. The only caveat that we have is to not go to this well too often. Everything that you do at work will catch the eye of your employer. While emergencies happen from time to time, and this should be understood, if you are in need of money often, this might look bad. You could be seen as irresponsible which could affect your ability to advance in a company.