Really it depends on how fast you need some cash. Do you need it today, in the next few days or in the next few weeks?
If you need it today
Do you need it today? If so, the best option is probably a cash advance loan. This is a loan from your bank attached to your credit card. You are given cash on credit and then you pay interest accordingly. Usually the interest rate is high.
Another option is to ask your friends or family for some cash. This is a fast way to get some cash – just ensure you pay them back when you can.
What about selling some of your belongings at the local second hand shop, cash converters or local market. This will generate cash instantly and if you have a lot of things you are not using then you should make some good cash.
If you need it in a few days
Have you thought about selling some things on eBay? You can sell just about everything on eBay and you usually make good money. Do you have stuff lying around you home? You will be able to sell this stuff easily on eBay.
Depending on the listing time you could have your money in as little as 3 days.
How about taking on a second job?
This can be a good way to make some fast cash. Get an everyday easy to do job like working at the local shopping mall or shops. This should pay you reasonably and you will make money quickly.
If you need it in a few months
Have you considered a term deposit? If you have some spare cash in your bank account, you can gain more money by placing this money in a high interest term deposit. Usually the minimum time is 3 months. You will not be able to get hold of your money for the 3 months – so ensure you do not need it. You will earn a reasonable interest rate and after the 3 months you will have your additional cash. If you leave it in for longer you may receive more money. Usually there are options for 3, 6 and 12 months terms or even longer. Check with your local bank.
As you can see – depending on the amount of time you have, there are many ways to get some fast cash. These are just a few ideas. So think outside the square and do not go for the cash advance option until you really need to.