How to Get a Loan Fast

When you need money quickly, it’s tempting to grab the first “instant loan” you see—but fast money often comes with high fees and risk.

The key is finding something quick that you can also realistically repay.

A Small, Fast Option: KOHO Cover

If you need help bridging a short term gap, KOHO’s Cash Advance is built exactly for that.

With KOHO Cover, you can:

• Get up to $250 as an instant cash advance (amount depends on eligibility)

• Pay no interest on the advance

• Avoid a credit check

• Repay automatically once you add money or get paid

You subscribe to the Cover Bundle for a low monthly fee, and in return you get the advance feature plus extras like a credit report, financial coaching, and priority support.

Where People Usually Get Fast Loans

For bigger or more formal loans, people often look at:

• Online personal loans: Applications are usually fast, but rates vary a lot. Best if you compare offers and only borrow what you truly need.

• Lines of credit: Once approved, you can borrow quickly as needed and only pay interest on what you use.

• Credit cards: Convenient for emergencies if you can pay them off quickly—but carrying a balance is expensive.

• Payday loans: Very fast, but extremely high cost and easy to get trapped in a cycle of borrowing. These are best avoided if you have any other option.

In general, the faster and easier the loan is to get, the more careful you should be about the true cost.

How to Choose the Safest “Fast” Option

Before you borrow, ask yourself:

• Do I really need this money right now, or can I delay the expense?

• How soon will I realistically be able to pay it back?

• What happens if my income is lower than expected next month?