One option that works well for many people is a prepaid debit card. There are lenders who will advance money – up to $500 for a fee – and you can then use that cash to stretch your paycheck to get to the next pay period. The prepaid card can be used to pay a bill or like an ATM card to make cash withdrawals. People needing quick cash like the convenience and flexibility that this type of prepaid card allows.

No one wants to be borrowing cash each week to get by, but when you are hit with an unexpected expense it can make a lot of sense. The fees charged for the emergency loans are often less than the late fees that might be charged if you skipped paying the bill, all together. The fees also are less than many of the bank overdraft charges that you might get hit with if you try to “float” the check, until your next pay day.

The application process for these types of accounts can be completed online and you will know in a matter of minutes if you qualify. You do not need a stellar credit rating to be eligible for these loans because the lenders understand that not everyone has the luxury of having a rainy day fund to cover emergency expenses.