Where can I borrow. How to ask for a loan so that you are not refused? How to lend to get paid back
Irene S. Levine, a PhD in Psychology and author of TheFriendshipBlog.com, suggests that the first step is to suppress the guilt that comes when the person asking is desperate, or when you yourself think that you will be a bad person if you do not give money. on credit.
If you lend money without being completely sure that you want to do it, you run the risk of feeling offended, and your relationship with a friend will deteriorate before he repays you and can thank you.
Refusing to lend money will not turn you into an egomaniac and a bad friend. On the contrary, this is how you can save a good relationship.
Gently decline: "I'd love to help, but right now I don't have any money." If you feel that you must explain your refusal, add a reason: you have unexpected expenses, you are saving money for something significant (education of children, an apartment, a car).
Think about how you can help a friend in this situation. Perhaps you have ideas where you can borrow or earn the necessary amount. A true friend of you for any help. If he is offended by you, then it is all the more good that you did not lend money.
Rule number 2. Give as much as you are willing to lose
Your friend or family member can be as trusted, financially stable and reliable person as you like, but no one is immune from force majeure situations.
Imagine how tension will grow between you and your best friend or relative if you urgently need the money that you borrowed, and he, for reasons beyond his control, will not be able to return it on time.
Byron Ellis, a financial planner, recommends borrowing only the amount of money you're willing to say goodbye to, and it won't affect your personal financial goals and savings.
Rule #3: Set strict debt maturities
Often we say: "Return when you can." After all, it is strange to demand from a friend or relative the return of a debt just in time. But imagine the situation: you gave a few hundred thousand to your sister to buy an apartment. She promised to return them as soon as she got back on her feet. But several years have passed, and the money is not visible. They have already depreciated with inflation.
Byron Ellis advises discussing the conditions "ashore": after what time, with what interest and in what parts you will be repaid. So you will not find yourself in limbo, not understanding when this money will return to you and whether it will return at all. And the borrower will understand that he is obliged to return the money on time, and will not allow himself.
Rule #4: Always have a written contract
Priorities change, memories are erased, and now your debtor assures that you agreed in a completely different way ... Another advantage of a written contract: by signing it, the person borrowing money is aware of the seriousness of this step and that he must repay the debt within the specified time frame.
If the borrower missed a payment, there is always a paper that you can refer to in a dispute. Friendship is friendship, but the obligations to which he subscribed must be fulfilled.
Byron Ellis, financial planner
For small amounts, you can draw up an agreement yourself, but when it comes to a large loan, it is better to involve a lawyer.
Priyanka Prakash, a former business lawyer and now a finance specialist at Fit Small Business, says the contract must specify the date and amount of the loan, the maturity of the debt in full, the payment schedule if the debt is paid in installments, agreed late payment interest, full contact details of the lender and the borrower. Both parties must be signed.
Rule #5
It is a big mistake to forgive a late payment and not even try to find out why the borrower is delaying it. If the due date is advisory rather than mandatory, your friend will happily continue to ignore it.
Again, the contract comes to the rescue. Set a penalty for late payment. Naturally, your friend, signing the contract, must understand what he is getting into. And it remains to be hoped that such a tactic will save you from having to send payment reminders and you will not regret that one day you decided to play banker.
Ellis advises setting a five-day period during which the borrower can make a payment without penalty: after all, situations are different. However, if the delay is longer, and a friend ignores calls and reminders, then it makes sense to think about going to court.
If you lent money for a long time and agreed on a one-time repayment of the payment, then a month before the expiration of the term, remind the borrower of the agreement.
You may think that such rules are too strict when it comes to helping friends and relatives. In fact, this is how you can maintain a good relationship, not overshadowed by understatement and resentment associated with finances.
More and more people are thinking about where to borrow money urgently. This question is really important. After all, no one is immune from unforeseen circumstances. Maybe some "nth" amount will be required for treatment or rehabilitation! Where to go in this case? How to behave? It's not that hard to answer if you don't have any more debts. What if there are outstanding loans and borrowings? Who can have these or those sizes? Read on for the best tips and tricks!
Work and work again
The first thing you can do when you urgently need money with open loans is to get a part-time job. In other words, do not get into regular debts, but simply earn the necessary amount. It's not that easy, but it's possible.
Usually, this method helps well for those who do not "burn" the loan. That is, money is needed urgently, but not immediately. If there is the slightest chance of independent extraction of funds, try to use it. This is the only way to avoid getting yourself into a "debt hole".
In practice, this approach is rarely successful. And people are trying to think more actively about where to borrow money urgently. After all, repaying debts in the future is sometimes much easier than earning money on your own in the shortest possible time.
Relatives
Who do you contact when you have any problems? To the closest! So, if you are thinking about where to borrow money urgently, even if there are outstanding loans and loans, you can try to contact your family. They will definitely help you.
True, this method is also not suitable for everyone. Of great importance is the relationship you have with your relative-borrower, as well as his character. If everything is fine, the person is sympathetic and kind, you are on friendly terms, you can borrow money even without interest. And to give either partially or completely at a certain moment.
But when a relative is not distinguished by kindness or you are just in a bad relationship, you should not mess with him. Often such people are asked to repay the loan with interest. Or even in the future they begin to "nag" for the material support provided to you, even if you have been fully calculated for a long time. As practice shows, it is also preferable not to take money from parents. Not in debt, not just like that.
Friends
Where to borrow money urgently without interest? Another rather interesting method of solving a problem is to turn to your friends and comrades. This option is more acceptable for responsible people. Even if they already have some debt.
The advantage is that there is no interest on the loan. Some, of course, require them, but these are not such frequent cases. Also, you and your friends are always able to agree on the repayment term of the "loan".
Make sure you don't have outstanding loans. Some people tend to distrust citizens with debts. And if you "delay" the payment to a friend, and not for the first time, you risk losing the person's trust. A loan from relatives and comrades is more suitable for responsible citizens. Or just those who are trusted.
"Private traders"
Where to borrow money urgently? From a private person. Or rather, any acquaintance or stranger. True, on receipt. As a rule, you can turn to people asking for help. And some of them will agree to help you.
True, with open loans, some problems may arise. People are not too willing to lend money to those who have not repaid the loan on time. That is why "private traders" give money only on receipt. It will show you how much you borrowed. And here is the amount that must be paid in the future. Deadlines are also indicated.
A receipt is a document that gives the "private trader" certain guarantees. He has every right to go to court if you try to "evade" the repayment of a loan or credit. You can find such people by ads (in newspapers or the Internet). As an option - just contact some of your friends with a similar request. In practice, funds are often trusted against receipts. Therefore, your chances of success are not so small.
Redemption
Thinking about where to borrow money urgently? To be honest, the best solution to the problem is to pay off the existing debt. After that, you can simply apply to the bank for a new loan.
Perhaps this method only theoretically takes place. Indeed, with open loans, few people have a real opportunity to repay it. This means that the method is not for everyone. Just accept it as a possible alternative.
Contacting the bank
Where to borrow money urgently, even if there are outstanding loans? Contact any small bank in your city. Maybe you will get a loan. Although such an action may be considered illegal. With open loans, banking organizations usually refuse new ones.
But you can rely on luck. In some cases, employees either deliberately make concessions (if there are good reasons with evidence), or they may inadvertently issue you a loan without paying attention to the existing loan. Also not a very common option, but it has a place.
MFI
And now more interesting and effective methods. If you are thinking about where to borrow money urgently (on a card or in cash), contact microfinance organizations. They usually offer microloans and credits without additional paperwork. A very good way to earn money.
Where specifically to go? For example, in "Micromoney", "Fast money" and so on. Any microfinance organization that issues funds according to the passport will do. Accordingly, in order to get a loan, it is enough just to present an identity card. Namely, a passport. Everything else is not important for MFIs. If you want to receive funds on a card (some companies offer this service), provide additional card details.
The method is very good, but it has one significant drawback - the interest rate. Taking, for example, 10,000 for a month, you will have to pay a total of about 12-13. In general, overpayments in such organizations are very large. Not everyone is ready to take such a step.
Another disadvantage is that in the event of debts to MFIs, collectors will begin to communicate with you almost instantly. And they will be worried about debt repayments for a long time after the loan is repaid in full. Therefore, before applying to an MFI, think carefully about whether this is necessary.
Internet Services
Where can I get money urgently on a card and without refusal? The last good way is to access a variety of Internet services. They, as a rule, allow you to receive money on a card or electronic wallet in just a few minutes.
All you have to do is find the right service. There are a lot of them on the Internet. Applying is as simple as possible - fill out the form, which indicates your passport data, bank card details, as well as the loan amount. Don't forget to leave a number to contact you. After some time (from 10 minutes to several hours), the manager will call you back and inform you about the approval or rejection of the request. Or receive an SMS message with the result of processing the operation.
For the convenience of users, such services usually even offer special calculators. They will show exactly how much you will need to return if you take a specific amount of money for the period you set earlier. No surprises - you can always find out how much to pay organizations.
But there are also a number of shortcomings here. If you are thinking about where to borrow money urgently, even if there are outstanding loans, and decide to turn to virtual services, get ready for huge overpayments. Interest rates are usually high here. Even more than in MFIs.
Also, often Internet services turn out to be just fraudulent sites. A loan is issued for you, but you do not receive any money. And you still have to pay. Otherwise, you will be dealing with collection companies. Therefore, try not to use this method. And resort to it only in extreme cases.
conclusions
Now it’s clear where to get money urgently on a card without refusal. And where to apply for a cash loan too. The following sources are distinguished:
- relatives;
- friends;
- usurers and "private traders";
- banks;
- microfinance companies;
- credit internet services.
In addition, you can first pay off the existing debt or simply earn the missing amount of money. Among all the methods, the appeal to relatives and moneylenders is most often successful. But it is better to avoid different MFIs and Internet services. Painfully, they hide a lot of deceit in themselves. Remember - no bona fide company will contact a person who already has an outstanding loan.
Where can you borrow when you urgently need money? The issue has always been relevant, but the protracted financial crisis, rising prices and unemployment have returned it to its leading position in the life of every fifth inhabitant of Russia. In order to “not be left with nothing” after financing “from the outside”, it is recommended that you familiarize yourself with the main ways to get money in debt, each of which has its pros and cons.
What to do when you need to borrow money urgently
Almost every adult has experienced financial problems at least once in their life, but not all of them require an instant solution. Urgent needs include:
- Expenses associated with the sudden onset or exacerbation of a disease/treatment.
- Accidents or legal costs requiring urgent financing (services of a lawyer, appraiser).
- Tuition payment.
- Unforeseen circumstances (problems with repairs, at work, in personal life).
In such cases, financial assistance is not a desire to spend money “for nothing”, it is dictated by life circumstances. In order not to aggravate the situation with treatment or the services of a lawyer, it is recommended to take care of an urgent way out of a difficult financial situation with minimal costs.
Where and how to borrow money urgently - the best ways
The financial problem with instant receipt of additional funds in the required amount is solved, you just need to choose the option that suits your taste and possibilities.
Express loan or credit card in a bank
Banks were among the first to solve the problem of where to borrow money urgently, issuing loans on the date of application. The advantage of a bank loan is the formalization of loan funds: the client receives an agreement in his hands indicating the features of the loan, the payment schedule and interest. Banks care about reputation: it is not in their interests to issue loans on false documents. Bonus: a pleasant atmosphere in a cozy office, detailed advice from a loan officer and an increase in the level of your own knowledge in the field of lending.
But the interest for issuing an express loan can reach up to 30% per annum. In addition, borrowers are offered connection to the insurance program, which is a separate expense item, issuance of a bank card and other products.
The best offers of banks:
— credit card with a grace period and an instant decision on the application. The card will be delivered free of charge to your home or work.
- here it is possible to get a cash loan without collecting certificates and guarantors up to 750 thousand. After filling out the online application form and approval, you will receive the money on the same day.
Microloan for a small amount and for a short period of time with any credit history
MFIs are loyal to the lack of certificates and bad credit history of the client, issuing small amounts half an hour after the application is submitted. This is a great option where you can borrow money urgently before salary or retirement. Passport is the only document required when filling out the application form.
But microloans accrue interest daily, and with a loan amount of 30 thousand rubles, after 30 days of using the funds, clients pay up to 20-25% of the financing amount in favor of MFIs. But when money is needed urgently and for a short period, then taking a microloan is quite justified.
As a major lender, microfinance is unprofitable, but if urgent financial support is meant with the possibility of repaying the debt in a maximum of a week, then this urgent loan option is suitable.
Microloans with a low rate and a high percentage of approval:
Turbo loan— An MFI that has established itself as one of the best in the fast lending market. Here you can get money on the card without leaving your home in 5 minutes.
Credit24- also offers the best conditions for low-interest loans. The whole process takes place online via the Internet. You will find the solution almost instantly.
Loan from a private person
Friends, acquaintances, work colleagues, relatives can issue a loan urgently, with or without a receipt. The clear advantage of this method is the absence of commission and liability for late return, except for the loss of confidence and dissatisfaction on the part of the private lender.
However, not everyone is ready to selflessly come to the rescue and lend a large amount of money. If some acquaintances cannot finance due to the limited budget capacity (even with a sincere desire to help), others will consciously not trust their own funds to third parties. For some borrowers, it is inconvenient to borrow money without interest from friends or relatives; it is much easier for them to fill out a questionnaire at a bank or MFI, leaving financial problems a secret from everyone.
Pawnshop secured by jewelry or other property
Before the development of the banking sector, pawnshops served as the main "sponsors" in urgent receipt of money. Gold, antiques, exclusive things have always been valued, and in case of difficulty, not only those who wanted to sell the stolen goods, but also ordinary customers with financial problems turned to the pawnshop for help.
This is an alternative way to borrow money, except for banks and MFIs, with a minimum of documents and without loss of time. But, unlike banks and microloans, in order to receive financial assistance at a pawnshop, you must hand over a valuable item as collateral. If the client does not have valuable items (jewelry, antiques), then you should choose pawnshops that accept equipment and mobile phones.
Pawnshops will help not only solve financial problems, but also get rid of annoying things that can be accepted as collateral. Old appliances, broken items, or cheap jewelry are worth little and may not be accepted by the appraiser.
For lovers of modern offers - a unique P2P lending service, with the ability to borrow money via the Internet from other people. What does he represent? These are specialized platforms for borrowers and investors who communicate with each other without intermediaries. To get a loan, the borrower chooses one of these sites, registers and submits a request for financing. The request indicates the desired amount, term and interest on the loan. If the investor is interested in the loan offer, he can provide him with the entire amount of funds (or part), counting on receiving interest upon the expiration of the contract.
The financial connection of P2P lending is based on credit history, rating within the site and trust, but the interests of both parties are protected by the administration of the resource.
Output: in the event of financial problems, it is not difficult to get fast money, the main thing is to choose the right lender: loans without interest are issued by familiar, officially issued documents - the prerogative of banks. MFIs specialize in instant financing, pawnshops lend on collateral, and P2P lending is based on mutual trust.
People are already accustomed to the fact that you can only take a loan in person at the bank. However, online lending is becoming more and more popular. Getting a loan on the Internet is much easier than it seems at first glance.
The main advantage of online lending is the absence of a large number of paper documents, including income statements (of course, if the loan amount is not very large).
The WebMoney system has a specialized database of creditors, with which you can ask for a loan from any user. However, the borrower must have a personal or at least an initial passport in the WebMoney system, because any lender wants to know basic information about the person to whom he borrows money.
If you take out a loan for business development, then you can borrow not only personally, but also through association with other users, if your interests in business development coincide. It is also worth noting that the queues for obtaining an online loan are not always small, so you often have to wait a bit. All credit conditions, such as the loan amount, interest rate, repayment terms, can be discussed personally with the lender and a decision can be made that will suit both of you.
How to borrow cash online?
In addition to electronic money, you also have the opportunity to receive cash on credit via the Internet. To do this, you should apply for a loan to one of the microloan organizations that are listed on the site. When applying for a loan, indicate in the appropriate paragraph that you want to receive them in cash. You will be told where the nearest issuing point is located, and you will be able to receive funds using your passport.
Also, microfinance organizations lend money on the Internet in electronic currency (in the same WebMoney, Yandex Money, Qiwi, and so on) or you can order a withdrawal of funds to a bank account or card of any bank. After submitting the application, it will be considered in the shortest possible time (from 15 minutes to several hours) and you will find out the decision that will come to you in the form of SMS or e-mail.
If your application for an online loan is confirmed, then the withdrawal of funds to the medium you specified: an electronic wallet, a bank account or a bank card, will be carried out almost instantly.
Employees of the Loans Online company have been surfing the Internet for a long time, collecting for you the most profitable and proven loan offers. You can choose any offer you like right now, but it is recommended to apply to several organizations at once in order to get a 100% result.
Loan repayment
You can get your money back just as easily as you received it. To select a method, you need to go to your personal account on the website of the MFI in which you took the loan. A personal account is present on each site of the IFC, you can get into it after authorization. After you get to LK, you will find ways to return money.