How to get a quick loan Apply for one of the quickest personal loans. The quickest personal loan provider, LightStream, can fund and approve loans as soon as the same day you apply. Apply for a secured personal loan. Borrow from family/friends. Use a credit card. Use a HELOC. Jul 20, 2021
General-purpose lenders include banks, credit unions, and financing companies. Peer-to-peer (P2P) lending is a digital option for putting together lenders and borrowers. Credit cards can work for short-term loans, margin accounts for buying securities. A 401(k) plan can be a last-resort source of financing.
A payday loan is a type of short-term borrowing where a lender will extend high-interest credit based on your income. Its principal is typically a portion of your next paycheck. Payday loans charge high interest rates for short-term immediate credit. 1 They are also called “cash advance” loans or “check advance” loans.