Short-term borrowing

Short-term borrowing can be expensive, but payday loans say that if borrowers pay off their debt before payday, they won’t have to pay any interest.
This sort of borrowing should be thoroughly costed before taking the plunge and should not be considered if you won’t have the means to pay it off quickly. Ensure that you are aware of all the fixed and variable costs.
Most of us would turn to savings or credit cards for emergency cash, but if these are not options open to you and ease of access and speed of processing are your priority, and cost is not so significant then this type of borrowing could be the answer.
All types of borrowing have their advantages and disadvantages, and all can be beneficial, but please also be aware that any kind of debt can become a significant burden.