If you need fast cash to cover an unexpected expense, a same day personal loan may be a good option. Same day personal loans are short-term, unsecured loans that can be approved and funded within 24 hours. They are typically used for small amounts of money, such as to cover a medical bill, car repair, or other unexpected expense.
Same day personal loans are typically more expensive than traditional personal loans, but they can be a good option if you need cash quickly. The interest rates on same day personal loans can range from 10% to 36%, and the repayment terms are typically between 6 and 24 months.