Are you in need of some extra cash? Don’t worry, you’re not alone. According to a recent study, 78 percent of Americans have less than $1,000 in savings. If you’re one of them, don’t panic. There are plenty of ways to get your hands on some quick cash. Here are seven legit and smart ways to raise some cash quickly.

Take Out A Loan

When times are tough, many people will do anything they can to make sure that their financial responsibilities are met. This may mean having to get a loan in order to get the money that they need without too much hassle or delay. Borrowers can compare different loan products on the website and receive quotes from a variety of lenders, making it easy to find the best deal possible. According to the team behind a Danish loan comparison website hurtigudbetaling, there are a number of benefits to taking out a loan through websites. For one, borrowers can receive their money quickly, usually within a few days of applying. This is much faster than traditional lending institutions, which can take weeks or even months to process a loan application. Borrowers can also rest assured that they are getting the best possible deal for their needs.

Borrow Money From Friends/Family

Your friends and family probably know more about your financial situation than you’d like them to. But if you really need some extra cash in a hurry, it might be worth reaching out to them for a loan. Just make sure that you’re upfront about why you need the money and what you plan to use it for and be sure to have a repayment plan in place. This can help avoid any hard feelings down the line.

Rent Out A Room In Your House

You don’t need a hotel to make a few bucks. Try renting out a room in your apartment or house. Obviously, you’ll have to do some research beforehand and ensure that it’s legit to rent out a room legally in your area. You also want to make sure that the renter has good references from other landlords and a decent credit score. But if everything checks out, renting out a room can be a great way to make some extra cash quickly.

Sell Your Unwanted Or Unused Stuff

People are always trying to unload extra stuff around their home that they think is just cluttering up space. And while it’s true that clearing things out does help give your place an airy feel, there’s no reason why you should make someone else do the dirty work for you.

Have you ever gotten a gift card for a store that you don’t even like? Or maybe you’ve been gifted a card that’s just too expensive for what you need at the moment. In either case, selling your unused gift cards can be a great way to get some extra cash in your pocket.

Old electronics, clothes, or furniture are things you can also sell. You can place ads and wait for interested buyers to contact you. Or, you can also go the route of online marketplaces like eBay or Craigslist to get a little more money for your stuff. Just be sure to package and ship items securely, and be prepared to haggle with buyers.

Rent Out Your Car

If you have a car that just sits around all day, you can get some quick cash by renting it out to people who need a ride. This is known as “peer-to-peer car rental.” Just download a car rental app to your phone, and you’ll be able to rent out your car whenever you’re not using it. You can make a lot of money this way, especially if you live in a big city. Just be sure to read the app’s policies carefully, so you know what you’re responsible for.

Also, make sure to get insurance for your car in case something happens while it’s being rented out. Peer-to-peer car rental is a great way to make some extra money, and it’s a lot of fun too

Offer Services

If you need quick cash, consider offering services. Services are just as marketable as products. You can offer any kind of service, including web design or dog walking. Don’t have a skill that people want to pay for? Offer your time by doing chores like lawn mowing, cleaning, or babysitting. Whether you need money for school or credit card bills, selling skills is an easy way to make extra cash fast.

Start by creating a list of services you’re willing to offer and what you would charge for each service. You can also use online services like Fiverr or Upwork to find people who are looking for help with specific tasks. These sites allow you to post your services and get connected with people who need them. Once you have a few customers, it’ll be easy to make quick cash from your services.

If you’re a people person and don’t mind watching other people’s kids, babysitting could be the perfect way to make some extra money quickly. Just look for families in your neighborhood who are looking for a sitter

Get Personal Loan From Your Bank

If you have a good credit score and can prove that you have a steady income, your bank may be willing to loan you money at a lower interest rate than what you would find at a typical payday loan store. This is a great option if you need a small amount of money for a short period of time, as you can usually pay the loan back in installments over a few months (or even up to 60 months, if it’s a long-term loan).

Just keep in mind that you’ll be expected to pay off the full amount of your loan within a certain time frame (usually around 2 years), and there will always be interest charged. If you cannot pay the loan back in full once you receive your paycheck, do not take out this type of loan. You may also incur late fees and/or extra charges if payments are missed or loans go unpaid for an extended period of time.

So, if you’re in a bind and need some extra cash quickly, one of these seven options may be right for you. Just be sure to read all the terms and conditions before signing anything, and always try to borrow as little money as possible. And most importantly, don’t forget to pay your debts back on time, so you don’t damage your credit score.