If you need money in a hurry, there is one clear answer to the problem, and that is an installment loan. An installment loan can get money into your bank account as soon as the next business day.
Tina can help you get a quote on one of these loans and you may be able to get approved, even if you have bad credit. This is because I can get you access to one of the largest lender networks on the internet. More lenders equals more chances of getting a loan offer.
Your Installment Loan Quote
It takes just a few minutes to get your answer. Why not fill out the short form below and see what kind of offer you can get.
Once you hit submit on that quote form, your quote will go to an online network of lenders. Because their are more lenders, your approval odds are greatly improved. Once a lender is found that wishes to make you an offer, you will get your quote.
You will then get the opportunity to review your offer. If you like it, accept it. If you do not like it, just leave it and move on. It is as easy as that.
Accepting Your Loan
Accepting a 1200 dollar loan is nothing to be taken lightly. Before you do so there are several things to consider. Here is what you need to look at before you make your decision.
Is It A Good Deal?
Not all loans are a good deal. The offer that you get will be based at least partly on your credit rating and qualifications. Sometimes these are not good enough to get an offer that is acceptable.
It is up to you to decide if the cost of the credit is worth it. How much money is it going to cost you when it is all said and done to borrow $1200 right now.
Can You Afford The Loan?
One of the most important things that you need to decide is if you can afford the 1200 dollars. Sure, your lender will try to decide if you are capable of paying the money back but only you really know your finances.
Take the loan payment and add it to your other bills. Then, compare it to your take home pay. Do you have enough money to get everything paid? If not, you need to either not take the loan or you need to figure out how to cut expenses or infuse some more income into your budget. More on that further down the page.
Is This The Best Option?
You might have other options besides a $1200 loan. There might be a number of different options to get you the money that you need, depending on your situation and how long you can wait to get the money.
Some common options include borrowing from family, a loan from a friend, selling some property or even just doing without the loan if it is not a necessity.
Making Your Loan Work
In order to make a loan work for you, you need to make a loan payment work for your budget. There is no sense in taking out a loan that you can not afford. It will only hurt you in the end. So, if you need a 1200 dollar loan but things are going to be tight, let’s look at how to fit that payment into your budget.
If you will be short the money that you need to make your loan payment, the first thing you should look at is your current expenses. Is there a way to cut them? Look first at things that you can eliminate completely like cable and satellite. You should cut the cord already anyway.
Next, look at bills that you can reduce. Shop for cheaper auto insurance, limit your dining out, trim down the grocery budget, etc. There are lots of ways to trim the fat on a monthly budget and save 200 to 300 dollars.
Who doesn’t want a little more income? Lucky for you, these days, it is simple to get a well paying part time gig. Walmart and Target, for example, have drastically increased their starting pay and they can offer you shifts that will work with pretty much any schedule.
For those who like to work on their own terms, you have apps like Uber and Lyft that will let you accomplish that goal. You could even go out on your own and offer a service like yard care, house cleaning, web design and more. Advertise your services at places like Craigslist or Fiverr and make some quick extra money.
Tina’s Last Word
If you need to get 1200 dollars fast, a loan is a great solution. Just be sure that you do a few things.
First and foremost, you need to make sure that the loan is the best deal for you. Ask yourself if you can get money elsewhere for cheaper. Also ask yourself if the cost of the credit makes the loan a good decision.
Second, you need to make absolutely sure that you can afford the loan. The only thing worse than being broke is being broke with an additional 1200 loan that you are not capable of paying.