Finder may earn compensation from partners, but editorial opinions are our own. Advertiser Disclosure

Emergency short term loans

Do you have an emergency and need cash in a hurry? A short term loan is an option available to you.


Editor's choice: OppLoans Installment Loans

  • Easy online application
  • Quick approval
  • Long repayment terms
Go to site

I have an emergency. How can I get a short term loan?

Depending on what you need, you can apply for a short term loan online or in-store. If you apply online, there’s often no need to fax any documents and you can receive your loan amount within a few hours straight into your bank account. If you plan to apply in-store, be sure to choose a lender that has a store network that’s convenient to where you live.

With a short term lender that offers online loans, you have to provide details of a bank account that you’ve authorized to accept direct deposits. When you’re approved, the lender will transfer the funds directly into your bank account.

Compare online short-term loans

Name Product Filter Values Loan amount Turnaround time Requirements
B9 pay advance app
Up to 100% of your salary
$500+ in monthly direct deposits into B9 account, checking account, ITIN or SSN, government-issued photo ID
Withdraw 100% of your paycheck with no extra fee for instant funding.
OppLoans Installment Loans
$500 to $5,000
1 business day
Direct deposit, meet minimum income requirements, live in eligible state
Comes with the option to change your due date so you won’t fall behind on repayments.
$1,000 to $25,000
2 to 3 business days
Be employed, have a US bank account, live in a state where Stilt operates, hold one of the following visas: F-1 and OPT, H-1B, H4, O-1, L-1, TN, J-1, DACA or be a US citizen.
Get a fair loan designed for immigrants and nonresidents.
CashNetUSA Loan
Varies by state
As fast as same business day
Regular source of income, bank account, US citizen or permanent resident, age of majority in your state
Sign up for its discount program to get access to coupons and deals on everything from dining out to tax services.
Fast5kLoans Short-term Loans Connection Service
$100 to $35,000
As soon as the next business day
Regular source of income, verifiable bank account, US citizen, ages 18+
Get connected with multiple lenders you might qualify with — even if you have bad credit.

Compare up to 4 providers

What are the features of emergency loans?

Short term loans can give you quick access to the money you need in an emergency situation, but it’s still sensible to compare your options before you apply. Here are some features to look for:

  • Turnaround time. If you need money to deal with an emergency, the quicker you receive your approved funds the better. Some lenders can offer same-day funding, even on weekends, while others might require that you wait two to three business days.
  • Maximum loan amount. State regulations govern the maximum amount you can borrow through a payday loan, but this does not mean that all payday lenders will offer you loans of that amount. Some payday lenders require that you work up a tiered system before you qualify for the maximum amount.
  • Fees. State regulations also govern how much a lender can charge as an Annual Percentage Rate (APR), and this translates into how much you end up paying in fees. Interest rates vary between lenders operating in the same state, as can fees and charges.
  • Store network of loan provider. Even if you apply online you may have the option of picking up your approved funds in-store. This is where the store network makes a difference because not all short term lenders have a physical presence. The number of outlets is also likely to vary.

Find out the payday regulations in your state

Benefits and drawbacks

  • Quick access to funds.
    Short term loan providers don’t follow the same loan approval process as mainstream banks, and this lets them process loan applications faster. If you apply in-store you can get access to approved funds within an hour, and if you apply online you can access approved funds on the same day or by the next business day.
  • Use money for any purpose.
    Lenders don’t place restrictions on how you use your approved funds, as long as you use the money for legitimate purposes.
  • Multiple choices.
    You have a large amount of lenders to choose from when it comes to emergency loans. If you don’t want to carry out a search and comparison on your own, you can consider a loan matching service.
  • No need for collateral.
    Short term loans are unsecured, so you don’t have to worry about providing any kind of collateral.
  • High interest.
    Short term loans charge high interest when compared to other types of credit, so this needs to be taken into account before you apply.
  • Short term.
    Short term loans work only as short term solutions, given that in most instances you have to repay the entire loan amount along with all applicable fees by your next payday.

Compare loans to get you through the holiday season

What should I consider before applying?

Make sure you won’t have problems repaying the loan even before you apply, and if you think you may face trouble, seriously reconsider taking the loan in the first place. Making late repayments can see you paying additional fees and it can also adversely affect your credit rating.

Take some time to go through the loan’s terms and conditions carefully, as this should give you a clear indication of what you may have to pay in fees and charges.

There is no telling when you might need money urgently, but if you’re considering applying for a short term loan, make sure you compare your options well.

Have more questions about emergency loans?

Are payday loans available in my state?

More guides on Finder

  • Figure Pay prepaid debit card review

    The Figure Pay card is free and earns rewards, but it lacks several standard features.

  • Best business expansion loans of 2021

    Compare expansion loans for startups and established businesses.

  • Arrived review

    A residential real estate investment platform that’s accessible to everyone.

  • Citibank business loans review

    This international bank offers term loans as low as $5,000 to business banking customers. But it’s not upfront about costs.

  • Compare crypto credit cards 2021

    Earn crypto on your purchases with these cards.

  • A beginner’s guide to cryptocurrency ETFs

    If you’re looking for ways to gain exposure to bitcoin and other digital currencies, cryptocurrency ETFs could be worth exploring. Find out what crypto ETFs are and how they work in this introductory guide.

  • B9 pay advance app review

    This pay advance app gives you access to your paycheck 15 days in advance. But with a $4.99 monthly fee, it may not be worth it for everyone.

  • Your business loan results

    Get matched with a business lender using our quiz. Funding options from $500 to $5 million.

  • Life insurance for people over 60

    While it’s common for Americans in their 60’s to either be retired or approaching retirement, there still may be some beneficial value in investing in a life insurance policy. Compare your options and learn what type of policy will most fit your needs as someone over 60.

  • Bright Money review

    An budgeting app that can help reduce credit card balances faster.

Ask an Expert

You are about to post a question on

  • Do not enter personal information (eg. surname, phone number, bank details) as your question will be made public
  • is a financial comparison and information service, not a bank or product provider
  • We cannot provide you with personal advice or recommendations
  • Your answer might already be waiting – check previous questions below to see if yours has already been asked provides guides and information on a range of products and services. Because our content is not financial advice, we suggest talking with a professional before you make any decision.

By submitting your comment or question, you agree to our Privacy and Cookies Policy and Terms of Use.

Questions and responses on are not provided, paid for or otherwise endorsed by any bank or brand. These banks and brands are not responsible for ensuring that comments are answered or accurate.

2 Responses

    Default Gravatar
    NelsonSeptember 26, 2019

    I need an urgent loan today.

      Default Gravatar
      nikkiangcoSeptember 27, 2019

      Hi Nelson,

      Thanks for getting in touch! You can find emergency short term loans on the information above. To find and compare your options, simply go to the box that says “enter your state.” Go and enter your state and it will show a list of lenders available. Take note that short term loans charge high interest when compared to other types of credit, so this needs to be taken into account before you apply.

      When you have chosen the right lender for you, you will see a MORE INFO button if you want to read more about the provider via Finder review pages. You will find the providers benefits and features and how to apply to their company. Click the GO TO SITE button if you’d like to be brought to the official website of the provider. ​Know that this is where you get a quote or start your application. You can also click the compare box beside each loan option and compare up to 4 options side by side for easier comparison.

      As a friendly reminder, carefully review the eligibility criteria of the loan before applying to increase your chances of approval. Read up on the terms and conditions and product disclosure statement and contact the bank should you need any clarifications about the policy.

      Hope this helps!


Go to site