I Need 500 Dollars by Tomorrow
I need 500 dollars by tomorrow is a frequently asked question on The Millionaires Giving Money Blog. If you need 500 dollars by tomorrow and are prepared to do anything you might just achieve your goal. Gathering 500 dollars is no easy task and you will have to sell a lot of items and borrow at very high rates of interest.
However, if you're desperate and have nowhere to turn to it may be the only options you have. With that said it is entirely possible to make money fast as long as you have an open mind and a positive attitude. Whenever I need 500 dollars now I look for ideas and then try my best and give it 100% to make these ideas work.
I Need 500 Dollars Fast
In this Millionaires Giving Money Blog Post, we look at some of the quickest ways to raise 500 dollars by tomorrow. I will start with the cheapest options and then work myself down to the most expensive option. Feel free to bookmark this article and share it with others if you find it helpful and don't forget to share the content on Facebook and other social media sites.
Before I go onto the tips you need to get into the right frame of mind, you need to be extremely energetic, be prepared for rejection and remain upbeat to you will achieve your target. Also, check out the following posts if you want more creative ideas to raise money quickly. Always rise to the challenge and push yourself to supercharge your passive income and multiply your residual income streams.
I Need 500 Dollars Ideas
1. Ask Friends & Family if you Need 500 Dollars
I know that this is very obvious but you won't believe how many people overlook this option. The best way to borrow is through your friends and family because it's interest-free, or at very low rates of interest. If people trust you and you've always repaid your debt they will be willing to lend to you.
To make everything more professional you could create a loan contract or a promissory note just to give the lender a heightened sense of confidence that they will return the money. Try to borrow at 5% or less, if you can get a zero percent loan then it's even better. If you're in trouble and need the money because you've got nowhere else to turn to then explain this to them, hopefully, they will take a sympathetic approach.
To seal the deal you might want to add a security such as a laptop or a vehicle so the lender knows they won't be out of pocket if you default.
2. Sell Like Crazy if you Need 500 Dollars Now
If you don't want to get into debt then you need to sell like crazy to make money fast. Most people don't realize this that they have plenty of assets that they can sell at really low prices to raise money. If you've got electronics, jewelry, designer clothes, designer sunglasses or watches all these items can be sold at the local cash converter or a pawn store.
You can either take out a loan by offering the items as security to the loan or you could sell the items at a discount. If you have a sentimental attachment to the items then take out a loan, otherwise, sell the items to raise the money.
3. Short Term High-Risk Loans
This is where things start to get very expensive, short-term high-risk loans such as Pay Day loans, car title loans are very convenient because they offer small loans instantly, sometimes they send the money to your bank on the same day. The only catch is that they charge a very high rate of interest often between 1000% and 4000% depending on how good or bad your credit is.
If you don't want to turn to friends and family and want to avoid selling like crazy then you need to borrow using this method. You should try to find the best payday loan company and rates by using comparison sites. Also, you should take your time to fill out an income and expenses statement to find out if you have any disposable income at the end of the month.
If you do have enough disposable income to cover the payday loan repayments you can consider going ahead with the loan. Try to compare 100-day loans, debit card loans and 90 days loans to find the best rate for your personal circumstances. Personally, I would consider 100 days or 90-day loans as they offer more time and flexibility.
4. I Need to Borrow 500 Dollars - Use Credit Cards
Credit cards offer cash advances, this is usually 90% of the credit limit you have available, the rate of interest that is charged is usually between 20% and 50% and again depends on your credit score. Normally you can take the money out from ATM machines. Just give the credit card companies a call and let them know you want to withdraw money as they sometimes have the power to block transactions if they suspect fraud.
If you have any offers on your credit card then offer these to other people with debt in exchange for cash. If you've got a $500 interest free credit balance transfer then offer this to anyone who has debt and is paying a high interest, they get an interest free loan and you get your cash. You aim should be to get a cash advance at interest-free rates. With credit now more relaxed than even you can apply for interest-free credit cards offer a limit of 500 Dollars.
5. Make 500 Dollars in 24 Hours
It is possible and it's just a numbers game, if you break 500 into 20 then you get $25. If you can do a job that pays $25 twenty times then you can make your 500 dollars. Wake up early one day and start knocking on doors in your local community and ask them if they have any odd jobs that you can do for cash, tell them your predicament and explain any extra would be a bonus. If you can really sell your story and get a sympathetic response you will start to make money.
I Need 500 Dollars Fast
If you need 500 dollars by tomorrow and are prepared to do anything there is a good chance you will get the money if you use all the resources available to you. Use the list above to really maximize your chances. If you can't get the money together then don't worry, just use what you have. If you owe the money to a loan shark then it's time you went to the police to explain what you've got yourself into, they should be able to offer you protection.
Whenever I Need 500 Dollars by tomorrow or now I use some of the above ideas. I look to get an interest free loan from family members by offering my car as collateral. I also look at payday loans to find the cheapest rate for short term loans. I also consider applying for credit cards which are offering zero percent interest rates. It is entirely possible to make money quickly if you think outside the box when you need 500 Dollars.