The economy is on a fiscal cliff which will ultimately take its toll to many countries placing people on a tight scenario. As a result, many families and individuals are cut short when it comes to their finances. Hence, you can’t help it if you are in an unexpected situation in which needs money. Having said that, money is some thing you do not have. Alternatively, banks and some other banking institutions offer loans, but the thing is, the whole process of loan demands meticulous paper works, submission of papers, and a good credit status which may take a while for your loan to be approved.