Our Expert says
When Should You Get an Emergency Loan?
An emergency loan can be a lifeline when you're facing an unexpected crisis but it's important to pause and assess your situation first.
Ask yourself if this is a one-time emergency or a sign of a bigger problem? If it's the latter, consider speaking with a credit counsellor.
For real emergencies where you need money within hours, licensed moneylenders offer a faster alternative to banks. Just make sure you borrow only what you
need and have a clear plan to repay.
