There are a lot of different lending products on the market that are meant to meet different needs. If you are in need of emergency funds to take care of an unexpected expense, you have several options. These options all come with different levels of hassle and different fees and costs. If you are in need of emergency funds to take care of an unexpected need, you have several options. Borrowing money from friends and family is problematic for obvious reasons. Payday loans often come with a very high interest rate. One of the best options for most people is to gather up items in your home that have value and are no longer of use to you, and head to your tried-and-true pawnbroker. If you are faced with one of the following three situations, your pawnbroker is one of the best sources for quick cash.

Emergency Expenses

If you find yourself facing an emergency expense that you didn't budget for, selling your items or obtaining a pawn loan is a great choice. There is no credit check associated with a pawn loan, so you don't have to worry about hurting your credit score. Just don't forget to go retrieve your belongings at the end of the loan. If you sell your items outright, you can take care of your obligations while decluttering your home. This is a win-win for everyone. 

Routine Need

If you have a short-term need, such as uniforms for a new job, school expenses for your kids or your budget is short and you need to buy food and other necessities before the next payday, your local pawnbroker can help. You can sell your possessions outright and walk away with the cash. You can also just swap your goods for a loan that you can pay off on payday. Either way, you can get the cash you need for routine expenses so you don't have to freak out.

Major Living Expenses

If you are facing an unexpected living expense, but you don't want to sell your belongings outright, a pawn loan on your goods is a great option. This is especially true if you are dealing with a shut-off notice for a utility or the possibility of bouncing a check. Fees to have your utilities turned back on can be exorbitant. A bad check, the associated fees and stress are insanely expensive. These situations are definitely more costly than pawn loan fees.