Where to find money before payday

Of course, money is not happiness. But, unfortunately, many life problems and troubles arise due to a lack of financial stability.

The reasons are different, but the question is the same: I urgently need money, what should I do?? We will try to tell you how to get out of this difficult situation.

Option No. 1. You urgently need money: go to a bank or microfinance organization

If you don't have enough money, you don't know what to do or where to go, think about how to get a loan or a loan.

This option should be considered if funds are needed “here and now”, and you are sure that in the near future there will be an opportunity to deal with debts.

The first step you need to take is simply to consult with a loan officer, who will explain what documents are needed, how much money you can give, when it should be paid back and, more importantly, what the overpayment will be.

Urgently need money - take a microloan!

A microloan is a loan of money from microfinance organizations.

This loan is issued for a short period (about 30 days). When placing your order, the only document you need to have on hand is a valid passport.

Submitting an application will take no more than 10-15 minutes. The borrower receives money on the day in any convenient way, for example, cash or electronic transfer.

A microloan can be obtained from anyone under the age of 21 (even with a bad credit history!).

Another big plus is that you can get the required amount without leaving your home. You can submit an application on the website of the selected MFO (microfinance organization), however, the maximum amount for remote execution is no more than 30 rubles.

This all sounds pretty tempting, doesn't it? ..

Why don't microloans have a better reputation? Unlike bank loans, where the interest rate is calculated once a month, interest on a microloan will accrue every day. On average this is 0,5-3%. This indicator depends on the total repayment amount, registration method, etc.

Where to borrow money and who to contact?

In addition, if we are talking about a large amount of money, you may need one of these documents: Individual Taxpayer Identification Number. Pensioner ID. Student ID. Information about the amount of monthly income.

Do you urgently need money and you don’t know what to do other than take out a microloan? Then decide on the type of loan:Microloan before payday (small amounts are issued for a month). Consumer loan (usually issued for the purchase of household appliances or furniture). Microloan for small business development (can be issued within 2-3 years in the amount of several million).

What all of these types of microlending have in common is that you don't have to tell them exactly where and how you're going to spend your money. To the community's credit, it is important that the borrower repays the full amount required.