A person can have the best budget in place, and then life happens. They get sick, their car breaks down, their hours get cut at work, or a kitchen appliance needs replacing.

In a perfect world, everyone would have a large savings they could pull from during emergencies. For most people though, that’s not the reality. Chances are good that an unexpected expense arises, most people won’t have the funds to cover it.

The federal government offers a range of grants to help individuals and families. Many people may need extra help paying energy bills, such as electricity bills, college-related expenses, or healthcare. There are a number of government hardship grants that provide fast cash. These grants can provide you peace of mind that you are able to pay for food, utility bills, housing, and other daily expenses.

Your car breaks down. You have an unexpected medical bill. A storm causes damage to your house that is not covered by insurance. A beloved pet becomes ill. You have a serious toothache or other urgent personal needs. These are examples of things that may create the need for an emergency loan.

This guide will help you understand more about emergency loans, the types of emergency loans available, and how to get an emergency loan.