If you’re in a pinch and need cash to tide you over, you might be looking for something like instant loans in BC.

There are only a handful of safe places you could go to get yourself a loan unless you go to a loan shark, which is not recommended.

Banks Or Credit Unions

The bank is usually the first place people think of when they want to borrow money. However, while banks certainly do lend money and can lend lots of it, they also tend to have far more hoops to jump through when it comes to approving loans.

Banks typically make you wait in long queues, want reams of documentation, and sometimes interview you to get your loan. They conduct credit background checks before lending a cent. If your credit rating is too low, they will turn you away. The approval process is more drawn out, meaning you could wait days before getting your money.

Credit Unions are very similar in terms of paperwork and background checks, except you might get better interest rates.

Friends And Family

If the amount of money you need is small enough, you could ask family or friends to lend it to you. The benefit of this is that you probably won’t have to do much paperwork to get the money, and you’ll probably get the money quickly.

The problem with this approach is that borrowing money from friends and family can sour relationships if you don’t pay it back quickly enough. Even if you pay it back in a reasonable amount of time, it can still make things uncomfortable for everyone. You might even be putting the person you borrowed from ‒ someone you care about ‒ at risk.

The other problem is that you may not have anyone to lend you the money you need, which is the case for many people.

Online Lenders

Accredited online lenders like Better Than The Bank offer instant loans that minimize the admin and get your cash to you as quickly as possible ‒ usually within 24 hours.

You can simply go onto the website and complete a quick application. You’ll only need to provide proof of identity, a legitimate bank account and proof of stable employment.

No more going to the branch and waiting in queues to apply. Instead, you can log onto the website whenever convenient for you to apply instantly. What’s more, we don’t do credit checks.

If you’re looking for instant loans in BC, then Better Than The Bank has a solution for you. Fill out your instant loan application today!