Where to Get Cash in Times of Family Emergency


Family emergencies come in different forms, shapes, and sizes. You might have forgotten to settle your electric bill, and before you know it, the guy is at your doorstep to hand you a service disconnection notice. One of your family members may suddenly need immediate medical attention. Or it could be a less urgent situation, such as when you need to replace your home furniture because it’s already showing signs of wear and tear. Then there are natural disasters, which is the worst that could happen to any family. During these times, you’ll feel more at ease knowing that you could use emergency cash from the following sources:


Personal Loans

Your personal loan options are practically endless. In the Nigeria, most banks make personal loan products available to depositors. By being an account holder at a particular bank, it’s easy for the bank to verify your loan application.

Private financing companies can also help you with your financial emergencies. Knowing what you’re getting into and having your documents ready beforehand could help shorten the loan processing time, which is crucial if you’re dealing with an emergency.

Informal lenders could likewise provide the funds that you need fast and easy. Ask if there are money lenders in your neighborhood, and chances are, you’ll find one or two. But take note that this type of money lending scheme may charge you high interest rates per month.

Cash Advance from Credit Cards

Your credit card can work like an ATM, too. You can withdraw money from it since a portion of your credit card limit is allotted for cash advances. Utilizing the cash advance feature of your credit card is one of the fastest ways to get hold of the extra cash you need. You’ll find it useful, especially for those types of financial needs that simply cannot wait.

Credit card advances work like short-term loans, where you get charged with a transaction fee and an interest rate, depending on how much you advanced and how long it will take you to pay off the entire amount.

People You Know and Trust

Helping people in your community – is part of the Nigeria culture. Thus, it’s common for many of us to turn to our parents, siblings, relatives, and even friends in times of financial trouble.

There’s a certain level of confidence when you know that these people will lend a hand without asking for anything in return. That’s not to say that you won’t need to repay what you borrowed, but at least, you won’t have to go through the usual process of applying for traditional loan types with high-interest rates. No collateral or no guarantors needed.

The least you can do, of course, is not to abuse the generosity or break the trust of your family and friends. If you tell them you’re going to return the money at a particular time, you should stick to that promise.


Pawning is a time-tested way of borrowing money for Filipinos, too. Pawnshops make it possible for you to get a loan in exchange for valuable, personal items, including jewelry and gadgets. You’ll be given several months to settle your loan and reclaim your pawned items.

It would be best if you chose a pawnshop that has a good track record in safekeeping their customers’ valuables. Look for a reputable pawn shop that is lenient with the types of items you could pawn and offers reasonable finance charges for their service.

Online Loans

These days, online loans can be your go-to source for emergency funds and other miscellaneous expenses. Online lenders are utilizing technology to make lending and borrow money fast, convenient, and flexible for all.

With the introduction of flypay in the online lending market, you can get approved for a loan and receive your money in as fast as 30 minutes. You only have to install the flypay app on your mobile phone, and from there you can submit your online loan application directly.

Once your loan is approved, flypay will send the money to your nominated bank account or preferred money remittance service. You’ll be paying a fixed monthly interest rate, regardless of the repayment period you choose.


Family emergencies are inevitable. You don’t want to be caught off-guard, but fortunately, you have several options to back you up when it happens. Just make sure to take the best course for your situation.

Need emergency cash? Register for flypay now!


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