Having a hard time between paychecks? Don't suffer. If you need money for those in between times you may want to consider a micro loan. Unlike a traditional mortgage or loan, a micro loan is between $100-$1500 dollars and can help you until the next paycheck. Many of these loans can be approved in as little as an hour even if you have bad credit. They're great if you need money fast in an emergency.

Some things to consider with micro loans:

  • Look for low interest rates. Just because it's convenient does not mean it's going to be cheap paying it off later.

  • A micro loan is not free money! You will still have to pay it back so look for a good payment plan.

  • Avoid money wire transfers- there are extra fees tacked on! Go for a direct deposit into your checking account instead.