What to Do When You Have Bad Credit and Need Money Fast


It can be hard to fix bad credit. It can be even harder to get the quick cash you need when your credit report is less than stellar.

There are millions of people in the United States who feel constantly pressured to fix bad credit. Roughly 43.4 million people in the country have a credit score of 599 or less.

Everyone knows that it is important to fix bad credit, but not everyone knows exactly how bad credit can affect their life.

What Does Bad Credit Do?

  • Credit and loan applications may not be approved
  • Denied apartment applications
  • Difficulty getting cell phone contracts
  • Potential to get denied employment

Clearly, in order to live a more stress-free life it is imperative to do anything you can to fix bad credit. With that being said, the process it takes to improve bad credit can be long and difficult.

While you are taking the steps to fix bad credit, there is a high chance that there may still be moments when you need money fast.

Bad credit can affect how easy it is to get quick cash, but there are still a variety of options available when you need money fast while you work to fix bad credit.

Read the tips below to learn how to get quick cash with bad credit.

3 Super Tips to Get Quick Cash With Bad Credit

fix bad credit get money fast

1. Crowdfunding

In recent years, crowdfunding has become a great way to get quick cash while you are working to fix bad credit. Estimates say that donation crowdfunding, which is used to assist others to pay for various life events, is a $5.5 billion a year industry.

When you face some type of unexpected cost and need money fast, turn to your friends, family, and even the public at large to assist you in your time of need.

There are many crowdfunding options when you need money fast.

  • GoFundMe
  • GiveForward
  • YouCaring
  • FundRazr

If you make your plea to the public on why you need money fast, there is a good chance that crowdfunding may work for you.

2. Credit Cards

For the most part, people assume that bad credit means that it is impossible to get approved for a credit card. This is a fair assumption.

Bad credit is often caused by failing to pay off your credit card bill on time. Additionally, many major credit card lenders require very good credit to be approved. Ironically, credit cards are one of the best and easiest ways to build a good line of credit.

So, what are you supposed to do when you both want to fix bad credit and get quick cash? Luckily, there are many credit cards that you can get approved for even when you have bad credit.

Once you are approved for a credit card, you will be able to get quick cash to pay for expenses. Just as importantly, you will be able to start to fix bad credit.

If you continuously pay your credit card bill on time, you will be able to get quick cash and fix bad credit at the same time.

3. Title Loans

It is a fact that life is full of unexpected expenses. Even if you raise money through crowdfunding and get approved for a credit card, there is still a chance that another unexpected expense will emerge that will make you need money fast.

If this is a problem you face, taking out a title loan is a great option when you require quick cash.

Applying and receiving a title loan is a relatively simple process. That being said, it is worthwhile to provide an example on how you could go about applying for one when you need money fast.

Let’s say you live in San Jose, California and need quick cash after facing an unexpected medical expense. While crowdfunding and a credit card will certainly help pay off this expense, neither will provide you with immediate cash in hand.

Luckily if you have a car, you can use it as collateral to receive a loan in as little as 30 minutes. Additionally, you could qualify for thousands of dollars—even if you are in the process of attempting to fix bad credit.

LoanMart title loans in San Jose is a lending company that provides competitive rates and the amount of money you need, and you could receive the quick cash you need in no time.

Receive the Money You Need Fast

When you are trying to fix bad credit and you need money fast, you may feel stressed. However, there is no need to worry.

If you follow the tips above, whether you crowdfund, apply for a credit card, or take out a title loan, you could still be able to take care of unexpected expenses – even with bad credit.

Author: Ethan Pearce