Quick money loans are for those who need fast cash and usually come in the form of a micro loan from a finance provider in the centre of town or a shopping mall. Some micro loan providers may have websites with application forms for personal loans or other types of finance available which allows the borrower to fill in and submit personal details quickly and efficiently. Usually approval would take no more than a 48 hour period using the online application.
A quick money loan would be an unsecured loan meaning no personal property or vehicle has to be signed against the amount of money to be borrowed. In most cases a good credit record would ensure a hassle free approval for a borrower but there are companies that offer fast cash to those who may be blacklisted or have a bad debt credit record. This type of finance would normally be paid back in monthly installments and often at a higher interest rate than one may expect with borrowing money from the major banks.
This kind of solution would suit a person that has unexpected bills to pay all of a sudden for instance if there has been a car accident and now money is needed quickly for vehicle repairs or for a sudden hospital bill as a result of unexpected injuries, or maybe for car insurance excess after an accident. Whatever the reason for wanting to borrow money in a hurry, there is no faster way of getting funds than applying for a quick money personal loan from a lender.