Different types of emergency loans that could be available to you, as well as some lenders to consider. We’ll also give you tips on how to navigate the borrowing process — and any other options you may have.
5 types of emergency loans.
If you need a loan in an emergency, there are several options to consider.
Personal loans often have flexible uses for emergency situations. Personal loans are typically installment loans given out in a lump sum with a fixed interest rate. They could have better interest rates than credit cards and can be paid back over a set period of time.