Need Money

There are so many times when we really need money fast to get us out of a fix.  Perhaps your phone has died, or you lost it somewhere and need a new one fast to stay in touch.  Or maybe your sink is blocked, and you could use a plumber to help you out right away.  It could be you need easy finance to pay emergency medical expenses that have suddenly arisen.  Maybe there’s a great offer on some tickets to your dream destination or your favourite band that you just have to get. Sometimes it’s a little far away from payday, and there isn’t enough to cover the cost of these unexpected turns of events.  Whatever it is, you don’t want to have to worry about being able to access cash loans quickly and easily, which is where Ozzie Loans and our great online service can help you out.

What to do when you need money fast?

Although we understand that you need the cash now, it's still important to ask yourself a quick, “How much can I borrow?” so that you are managing your finances within your income and budget. It’s also important to work out how much you actually need or want.   Borrowing more than you can repay over time, no matter how much you need money, is never a good idea, so a simple solution that can save future hassles is to quickly pop some numbers into a personal loan calculator.  You can then work out how much you can afford to borrow, depending on the repayments.  Defaulting on loans is no joke.

Once you know how much you want to borrow, then you can consider your options.  Would a personal loan be the best option if you need money fast?  Here’s the deal.  Personal loans often have a higher borrowing limit compared to a credit card - up to $50,000 in most cases.  Therefore, if you need quite a large amount of money, they might be the right option.  A personal loan also comes as a lump sum, so if you know how much you need, then this means it’s available all at once.  If you do need money fast, this might be a key factor.  The interest rate may be comparatively low compared to a credit card, which is a bonus. In addition, the interest rate may also be fixed.  What is also likely to be fixed is the repayment amount each month, so it will be easy for you to budget your repayments.  However, keep in mind that because a personal loan might have a minimum borrowing limit, you might not want to take out a loan for more than you want or can afford from the money lenders.

If you need money and it is smaller than the minimum amount of a personal loan, then you might consider a line of credit.  These usually have a minimum limit of $1,000.  You can keep spending as you need as long as you don’t exceed your balance.  This is different to a personal loan because once that amount is spent, there is no more. However, having a continuing line of credit does make it easy to spend more than you can afford or more than you need.

OK, so you’ve crunched some numbers and got the information about the best way to borrow the money you need.  Now you need it fast.  So how fast are we talking?  Is a same-day deposit in your bank account fast enough?  When you need money, we understand that you want to access it quickly and don’t want to have to fill in tons of paperwork.  Nor do you want to have to produce hard copies of documentation as well as filling out forms.  What you want is something quick, easy and online.  When you need money, you also want to know if you can borrow it as soon as possible, so you want an application process that gets an answer to you quickly.  Subject to approval and eligibility, Ozzie Loans can provide that boost to your bank balance on the same day.  If you have chosen the credit card option, it can be available for use in minutes, not days.  That’s fast. 

Check out Ozzie Loans for a great online loans service for when you need money fast to pay your bills or cover any of life’s little surprises.