Most people have – or at least have had – some kind of emergency or rainy day fund. This fund is what you use when unexpected things come up and you just need some extra cash, like when the car breaks down or a pipe in the house bursts. There are really so many things that can, and do, come up from time to time.
There are some times, however, that your fund just isn’t enough to cover the costs, and other times when you just used up your fund for a different emergency and another one has popped up that is requiring your cash. This is when it is nice to have access to a same day payday loan. So what exactly can you use a same day payday loan for? Here are some reasons you may need one:
There are so many unexpected emergencies that can crop up, like when Johnny breaks his leg on the playground and you have to come up with the cash for the daycare. You may find those unpaid parking tickets that you have been harping on your husband to pay have finally caught up with him, and now he’s in jail. Sometimes there are home or car emergencies, like a major leak in the radiator that needs to be fixed pronto or a fridge that has finally gone kaput. When these and other things happen, you have to have cash to fix them, and a same day payday loan can help.
Have you ever looked at your balance in your back account wrong or accidentally forgotten to pay a bill that needed to be paid? Have you forgotten about a large auto-draft payment that comes out of your cash, and thought you had several hundred pounds more in your account than you actually have? When such things happen, as they inevitably do from time to time, you just need cash to pay your bills and a same day loan can get you the cash you need right away.
Friends and Family
Perhaps a friend or family member needs some quick cash for whatever reason, and they cannot get approved for such a loan. These things do happen, and when they do, they have nobody to turn to except for you. When you don’t have the cash available to hand over to them, a same day payday loan can still have you looking like the good guy while giving them the cash they need to cover their issues.
In many cases, you can get a same day payday loan within an hour or two. The interest rate on such loans is pretty high, so you probably want to make sure you can make the loan back within a week or two when your next paycheck comes in. However, many such loans will roll over to another pay period for you if you need some extra time paying off the loan. There really is no reason to stress over cash, or lack of cash, because there truly is a way to get your hands on the cash you need.