
Emergency loans
Planning a funeral may require that you take an emergency loan, this is due to the fact that most people do not plan for funerals by setting aside some money in case something like that happens. While some people have enough foresight to take a life cover which will take care of the funeral expenses, not everyone is able to do this. You could even apply for a short term loan, which is a small loan that you pay back over the course of 12 months.
The result is that, if there is sudden death in the family, you will have to look for a way to take care of the funeral expenses. If you have exhausted all possibilities including savings or applying for government benefits and still need to come up with some money, you may consider getting an emergency loan.

there are a number of emergency loans you can apply for and these include:-
Car title loans.
Car titles give you collateral in case you need a quick loan. The amount of Money you get will be dependent upon the type of car and the value of the car. The beauty of these loans is that the turnaround time is very fast, but you need to know that if you are unable to pay the loan, you will lose your vehicle. the repayment period is also not very long.
Student loans.
Some universities and colleges offer interest-free loans to students typically for books and meals. there is a cost to them, however, because you have to pay the administration fee and the loan repayment period is usually 60 days.
Federal employee emergency loans.
Federal employees can get an interest-free emergency loan of up to 1200 dollars through the Employee Education and Assistance Fund. You have to prove that you are going through a particular hardship and are not able to take care of the costs. The repayment period for the loans is 10 months.
Military emergency loans
Military personnel whether present or retired can apply for military loans. The amounts range from $500 to $10,000 dollars.
Pawn shop loans.
To get a loan from a pawn shop, you need to have collateral which you will give to the pawn shop owner, who will then determine the worth of the item, and thereafter decide the amount of money you can get. The normal repayment period is about 30 days and if you are unable to pay it back you lose the item you left with the pawn shop dealer.
Life insurance loans.
Life insurance loans offer the cash surrender value that you can use as collateral for a loan. You can opt to pay back the loan with interest or have the company deduct the amount from the proceeds of your policy when you die.
There are a variety of other loans you can take including personal loans, payday loans, credit cash advance loans amongst others. It is, however, important to remember that you will need to pay back this money usually within a short period of time and this may prove stressful, especially because you will just be coming off the funeral period. If you use collateral, like in the pawn shops or when you take a car title loan, you may lose the collateral if you’re unable to pay.