Best Loan Options If You Need to Borrow $100

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Life is difficult nowadays, especially when we’re all still in the grip of the Covid-19 pandemic and public health lockdowns. Many people who have lost their jobs struggle to make ends meet because of the pandemic. Looking for money to cover their bills and other necessities in life is a big problem for many unemployed folks right now.

For people crying out, “I Need 100 Dollars Urgently,” fast cash loans are to the rescue. While a loan can help you tide over a financial difficulty, you must keep in mind that it comes with interest and fees.

You can try one of these loan options if you find yourself needing to borrow money to cover urgent expenses.

Credit Card Cash Advance

A credit card cash advance is a feature included by credit card providers. This feature allows you to borrow a small amount of money with less hassle. You can get a credit card cash advance either through a digital transfer or ATM.

Getting a cash advance through a digital transfer is as simple as transacting from your credit card account to your checking account. Then you withdraw the money using your checking account. You can also withdraw the money through an ATM if your provider allows it. You only need to use your credit card, enter the PIN, and withdraw the money.

Be wary of the interest of a credit card cash advance because it can be more expensive than other loans. Avoid using credit card cash advances frequently. Use one only when you badly need money.

Title Loan

A title loan is a type of secured loan that allows you to borrow cash using your car’s title as collateral. Since you’re using your car as security, you can lose your car if you fail to pay the loan in full and on time.

You can work with a title lender in person or online. All you need to do is apply for the title loan. The lender will assess the value of your vehicle, and you’ll be offered a loan amount that’s less than the worth of your vehicle. If you accept the offer, you’ll have to sign a loan agreement and you get the money you want to borrow.

A tip when borrowing money through a title loan. Don’t opt for this option if you rely on your car regularly. A car is a priceless possession if you use it for business or for going to a workplace that’s far from your home. But if you urgently need money, make sure to weigh the risks and benefits of this option.

Personal Installment Loan

A personal installment loan is a good option if you’re in need of cash. Compared to other short-term loans, this option has lower annual percentage rates, more flexible terms and conditions, and longer payback durations.

You can use a personal installment loan to pay for utility bills, rent, medical bills, or car or house repairs. There’s no need for collateral to borrow money through a personal installment loan. However, you need good credit and regular income to avail of better interest rates for this loan option.

Getting a personal installment loan is one of the quickest ways to borrow cash. You can apply for it online or in person, and many loan providers offer this loan option. If your application gets accepted by the lender, you can receive the cash right away and use it for whatever bills or expenses you need to cover.

Pawnshop Loan

If you need fast cash, you can consider a pawnshop loan. This loan option is a secured one, meaning you have to put up collateral like a jewelry piece against the loan. You can lose a valuable object that you put up as collateral if you fail to pay what you borrow. So, make sure to think twice before you decide to get a pawnshop loan.


It’s possible to borrow fast cash nowadays. Many lenders offer loans that allow you to get the cash that you need in no time as long as you’re qualified for it. Consider getting a payday loan, a personal installment loan, a pawnshop loan, a title loan, or a credit card cash advance if you need urgent money.