When you need $ 100 fast, what are some other ways to make money, like a quick draw? From time to time, even a hundred euros can be worth more money than it is – for example, when it needs to cover everyday running costs in the late months, or on a short-term basis for something special. In such situations, for example, Good Finance offers her new clients a $ 100 loan, free of interest or other charges, for 7 days, but in what other ways can that amount be made available as quickly and easily as possible?
Borrow money from their acquaintances
Many people do not like to borrow money from their acquaintances or relatives, and few banks lend such small amounts at the required time. In this paper, we are going to look at some ways in which, at least in theory, the EUR 100 you need can be made available with minimal effort.
Make your own money
Instead of borrowing the hundred you need, you can, of course, also try to make your own money. A common way to do this kind of additional roadblock is surely to sell your own services for a small fee, for example to acquaintances. A variety of small-scale renovation work and, for example, doing snow or heavy cleaning for a friend for a small fee are probably the most common ways to make a small supplement.
According to the letter of the law, however, when it comes to making money, even a small amount, your own work always involves its own issues, starting with taxes and insurance. This kind of “small work” can also be a time-consuming way of making the $ 100 they need, depending of course on the urgency of the money needed and the agreed compensation. Of course, even with a small amount, the use of loan money should always be carefully considered, but sometimes the time it takes to get the money you need can even outweigh the potential side costs of a loan.
Cash in your existing assets
Of course, another natural way to get extra spending money is to cash in your existing assets. When there is a need for more or less extra funding, it is worthwhile to go through, for example, various types of online flea market and find out what kind of goods people have and what they are prepared to pay for. The bicycle you don’t need can be worth hundreds of euros and converting a pile of banknotes lying on a lanyard’s wiggle can at best take just a few clicks. Selling your own unnecessary merchandise is in itself very risk-free to make, for example, the $ 100 you just need, but even with this method of earning, it can be time consuming and your income is never 100% certain.
Of course, the traditional form of temporary financing in the midst of borrowing money and selling property is pawnshop. Although one can get one hundred of the ones needed by online flippers, even from an unused winter jacket or old cartoon, the mortgaged property must have sufficient resale value to obtain a loan from the pawnshop. Thus, the assets required to secure the loan must be more valuable than ordinary consumer goods, and often, for example, a valuable metal object, instrument or home electronic device is pledged. As a pledge loan is a secured loan, it is possible to grant it at a lower interest rate than a fully unsecured instant loan. Although the interest cost of a mortgage loan is lower, its granting requires not only the applicant’s creditworthiness but also the existence of sufficiently valuable assets. The monthly interest rate charged by pawn shops on their loan is usually about 5% on both sides, depending on the object being pledged.
Of course, when borrowing money against real estate collateral, there are always risks that should be taken into account. If you have problems repaying your loan, you may eventually lose all of your valuable assets pledged financially and in many other ways. If the mortgage loan is not repaid within the agreed time, the object secured by the loan will be resold at an auction held by the pawnbroker, usually at a lower price than the real value of the pledge. When borrowing money from actual financial institutions, the cost of a delayed repayment is higher than the original cost of interest. The amount of the loan given by the pawnshop depends on the lender’s estimate of the resale value of the pledged collateral. If you really need a certain amount of money for a loan, it can be difficult to predict in advance what the expected sale value of the item would be to get the exact loan amount you want. The ability of a lender to offer a smaller loan amount is one of the differences between pledge and unsecured instant loans. Unsecured non-recurring loans like the Good Finance Interest-Free Instant Loan are usually fixed in amount and the amount of loan granted will not vary according to the applicant.
I loan you 100 euros a week with a quick application
Of course, if the EUR 100 you need is not available by making money or selling your property or pledging it, or if you need the money as quickly as possible, you can of course borrow it. For example, the Good Finance Interest-Free Instant Loan is an unsecured instant loan of $ 50-300 and, for example, $ 100 is available for a week (7 days) without any interest or costs. Regardless of the amount of loan applied for, the loan application process is always as easy and fast for the customer. To apply for a loan, all you need is your personal online banking ID and we will usually give you a loan decision within minutes of receiving your loan application. For $ 100, all you need to do is go through the following quick and easy search process:
An interest-free quick draw and other such quick loans are certainly one of the fastest and easiest ways to get a relatively small amount of $ 100, temporarily, but you should always consider applying for a loan carefully and carefully assess your repayment ability before applying. Of course, the best way to get the $ 100 they need depends on a number of factors, usually at least how fast the money should be available and how much effort you are willing to make to get it.