When to Turn to Emergency Funding

If you’ve ever been in a financial pinch, you understand how stressful everyday life can be when it seems like you’re spending all of your money on bills while lacking a sufficient income. Maybe you’re not making enough money at your current job, or perhaps you’ve been laid off. When you’ve got food to buy, rent to pay, electricity to sustain, and other necessary bills, payment dates can really bite into your savings account. Fortunately, there are plenty of ways that you can access emergency funding for financial help if you feel as though you’re in a monetary crisis. However, how do you know when you should turn to emergency financial help?

If You’re Running Low on Savings

If you’re running low on the money in your savings account, or if you lack an emergency fund, you may need to consider financial help from another source. You should have extra money available to turn to that can last for a few months while you’re figuring out a way to get back on your feet.

In a Medical Emergency

If you’re running low on cash and you run into a medical issue, you may have to pay a large deductible on your health insurance for medical treatment. If you find yourself in a medical bind and the amount of money in your checking or savings account will not suffice, you can turn to emergency funding to help deal with the costs and get you through this misfortune.

If You Live Off of Your Credit Cards

If you’re using your credit cards to pay for everyday essentials and you’re unable to pay them off at the end of the month, you may need to reconsider your spending. Emergency funding can help cover everyday essentials when facing unexpected expenses, and when you get back on your feet you can work to pay off your credit cards.

If you’re struggling to pay your bills or if you’re worried about where and how you’ll find the money for unexpected expenses, you can always apply for cash online. Obtaining money loans, such as short-term installment loans, can help cover you in a financial emergency should you find yourself with an unforeseen bill. At Blue Trust Loans, you can apply for cash loans online in just a few easy steps. We have minimal loan requirements compared to the eligibility criteria required by most banks or other traditional lenders. For more information on how you can obtain emergency funding, call us at 877-770-2682.

 

 

 

The content on this site is for informational purposes only and is not professional financial advice. Blue Trust Loans does not assume responsibility for information given. All information should be weighed against your own abilities and circumstances and applied accordingly. It is up to the reader to determine if this information is safe and suitable for their own situation.

Hummingbird Funds, LLC is a sovereign enterprise, an economic development arm and instrumentality of, and wholly-owned and controlled by, the Lac Courte Oreilles Band of Lake Superior Chippewa Indians (the “Tribe”), a federally-recognized sovereign American Indian Tribe. This means that the Hummingbird Funds’ installment loan products are provided by a sovereign government and the proceeds of our business fund governmental services for Tribe citizens. This also means that Hummingbird Funds is not subject to suit or service of process. Rather, Hummingbird Funds is regulated by the Tribe. If you do business with Hummingbird Funds, your potential forums for dispute resolution will be limited to those available under Tribal law and your loan agreement. As more specifically set forth in Hummingbird Funds’ contracts, these forums include informal, but affordable and efficient Tribal dispute resolution, or individual arbitration before a neutral arbitrator. Otherwise, Hummingbird Funds is not subject to suit or service of process. Nothing in this website is intended to waive or otherwise prejudice Hummingbird Funds’ entitlement to these protections. Neither Hummingbird Funds nor the Tribe has waived its sovereign immunity in connection with any claims relative to use of this mobile site. If you are not comfortable doing business with a sovereign instrumentality that cannot be sued in court, you should discontinue use of this website.