Stress and panic are normal reactions. After they pass, you'll discover that it is possible to obtain money quickly without falling victim to fraud.

Here are 19 ways to make quick money right now, along with advice on reducing spending, increasing income, and creating an emergency fund so you won't run out of money in need.

Offer Used Electronics

Although there are websites like Swappa and Gazelle where you may sell your old phone or tablet, your best hope for getting cash right now is to use an ecoATM kiosk. Sell your old laptops and MP3 players as well.

Your Gift Cards For Cash

Some websites exchange money for gift cards. The website CardCash pays up to 92% of a card's value. GiftCash is an additional choice. Payment on most of these sites takes a few days, especially if the card needs to be mailed in. However, some cards can be transferred electronically, according to the CardCash website, which may result in speedier cash.

Pledge something

Loans from flea markets are not a reliable source of capital. They are speedy, though; if you can't pay back the loan, the banker keeps the item you committed as security. That's much preferable to collection calls and having your credit harmed. The highest APR that conventional lenders will charge people with bad credit is 36%. Although other companies might provide cash fast without a credit check, their borrowing costs will be especially high. Do not fall for that.

Work now to be paid now.

There are several web search results for this term. We've looked at 25 trustworthy side gigs that can raise your income quickly, from working from home to driving people or parcels.

Look for community financing and aid.

Nearby community organizations may provide loans or temporary assistance to cover expenses such as rent, utilities, or other urgent necessities. NerdWallet has compiled a database of alternatives to payday loans available to residents in each state. It's feasible to get small, low-interest loans from neighborhood churches. Small loans may be available from nearby community centers and philanthropic organizations.

Request a delay in paying bills.

Ascertain whether your creditors tolerate late payments. Some debtors, including utilities and cable companies, don't charge interest for late payments. If you decide not to pay such invoices, use the money you save to meet any pressing needs. If you cannot pay back retail obligations like homes or car loans, but don't want to use toxic high-rate loans, talk to the lender first about your options.

Make a paycheck advance request.

Ask your employer for a pay advance, which usually has no fees and is paid back by payroll deduction. In times of need, some businesses may provide low-cost loans to employees. Consider using Earnin, an app that gives employees advances they must pay back in whole, interest-free, on payday. However, it requires a voluntarily given present, access to your bank account, and knowledge of your timekeeping at work.

Take out a loan on your retirement funds.

There are restrictions on borrowing against your 401(k) or individual retirement plan. Once a year, you can take a loan from your IRA if you pay it back within 60 days. However, this can be a tricky process. If your employer permits 401(k) loans, which not all do, you can normally borrow up to $50,000, or 50% of your account amount, with a five-year repayment period. It can be considered taxable income if you don't pay the loan back on time. And you might have to pay back the 401(k) loan immediately if you quit or lose your employment.

Loans secured by life insurance.

You can borrow money against a life insurance policy with cash value, often known as permanent life insurance, and have the remainder of your life to pay it back. If you don't pay back, the insurance company deducts the amount from the death benefit payable under your policy. However, the more popular type of life insurance, term life, cannot be used as collateral for a loan.

Borrow money personally

If you have strong credit, you will undoubtedly have numerous options. Some creditors may well complete a personal loan in just one day. If your credit is a concern, you must find a lender who delivers rapid cash and accepts borrowers with poor credit. The highest APR that traditional lenders will charge customers with bad credit is 36%. Although other lenders might provide fast cash without a credit check, their interest rates will be extremely high. Do not fall for that.