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Experiencing A Financial Emergency? 2 Things You Can Do In A Pinch

19 September 2016

Howard Jones

Are you in need of quick cash? A financial emergency may have taken place. For example, the car you use to get to work may have broken down and need to get fixed. No matter the type of financial emergency you are dealing with, you might want to find a way to make money as quickly as possible. Although you may feel stressed out a bit, there are some options that could help you with your dilemma.

Have an Impromptu Garage Sale

If you cannot rely on your check to help you with the financial emergency because you will not receive it for another week or so, you may need to take action immediately. Going through some of your belongings and deciding to part with items you have not used in years could help you earn some extra cash. Simply put a sign outside of your home, place the items you want to sell out on a table for display, and see what you can sell.

Even if you do not manage to sell everything you were trying to get rid of, receiving any bit of cash that could go toward your financial emergency would make it worth it. If you have an extra day or two to plan things out, you can let some of your neighbors know when you are having the garage sale. If they know you are selling high-quality items for a great price, they may want to come over and check it out, which could help you reach your monetary goal.

Obtain a Collateral Loan

Do you have bad credit and believe a traditional lending company would never provide you with a loan due to your credit score? If so, consider getting help from a company that would allow you to obtain a collateral loan in exchange for valuable jewelry. It is a win-win situation for you for two reasons. You can get the cash you need instantly instead of waiting weeks for an approval, and you do not actually have to sell your jewelry. Instead, you trade the valuable jewelry for the cash, and then you can get it back as long as you finish paying off the loan by the deadline.

Different situations can occur that would cost you money. If you were not prepared for an emergency to take place, you might not have enough money to take care of it on your own. Having a garage sale is one way to get quick cash in a pinch. You could also trade in some of your valuable items for a collateral loan that you could use to take care of the emergency and eliminate your stress. For more information on collateral jewelry loans, check out websites like http://solsjewelryandloan.net/.

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