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What If I Failed to Apply an Online Loan and How to Find Quick Loans

With the pandemic, it can be challenging to find sources of income. It also seems to be much more challenging to borrow money. In many cases, we seek out help from family or friends, but despite good intentions, this can often lead to uncomfortable situations. As a result, quick loans are becoming increasingly popular among people.

Read more to learn about tips on how to apply for online, quick loans.

Decide how much to borrow

You have to keep in mind that when you borrow money, you also have to pay for the interest. Ensure that you can afford the payments on the amount you do borrow.

Think through and check if borrowing is necessary. Are you borrowing for the education of your children or simply to avail the latest phone? Overextending yourself financially is the worst thing you can do if it would have been better to wait for your finances to improve. 

Check your local banks

Looking up the local banks online is the easiest way for you to land online loans. Once you have familiarized yourself with the existing local banks, view their website and the types of loans they are offering. You must also consider other factors, including the interest rate, repayment terms, collateral and guarantor requirements, approval time, and income requirements. Furthermore, read the terms and conditions for you to fully grasp the type of loan you are committing yourself to.

Prepare requirements

As you decide on the bank where you will apply for quick loans, you need to take into account the eligibility requirements. Aside from looking at the interest rate, you wouldn’t want to be hassled with getting various requirements especially if you immediately need the money.

Different types of loans have varying eligibility requirements. Hence, you must properly read all terms of the bank. There are some that will require you to go to the physical bank while for some, the whole process can be done virtually.
With online quick loans, borrowers have more options than ever before, thanks to the convenience and ease of online lending. Even if you have bad credit, these sites offer the easiest way to get a loan online.

By following the above-listed steps and doing your due diligence in researching, you will be able to find the right quick loans for you.

In the case that you are not eligible for any quick loans from your local banks or your application was denied, you may opt to check out these options:

Use collateral

Try to identify the reason why your loan application was denied and offer to pledge something of equal or greater value than the loan amount to help secure the loan. This might help for your quick loans to get approved. However, you have to remember that this is going to be a big loss on your end if you fail to return the borrowed money.

Family loans

If all else fails, you can bypass the traditional lending requirements by borrowing from your relatives. The best way to do this is by creating a loan agreement. Despite being related by blood, it’s best to see all terms on paper and not just through a verbal agreement. As mentioned above, the downside of this is that it can potentially ruin relationships in the event that you can’t repay the loan.

Grants and Scholarships

If the quick loans you are applying for are education-related, consider applying for grants and scholarships. Similarly, if you need funding for your business, check for grant programs in your local government.

Crowdfunding

Apart from the above-mentioned options, we’ve recommended in this guide, one of the best and most trusted available options for you to raise money for whatever you need is by using crowdfunding platforms.

Instead of applying for quick loans, you may create a project on any of the available crowdfunding websites. You just have to ensure that it provides support in your county. One of the available crowdfunding platforms that offer support to almost 200 countries is Airfunding.

A proof of how crowdfunding platforms work is the story of Mariz. Mariz created a project to raise funds for her Mama Leony’s hospital expenses. At the time of posting the project, Mama Leony was in the hospital for more than a month with a running bill of 2.3 million pesos. By the end of the project, their family was able to raise ₱76,990.50.

Start with Airfunding now! 

Other Articles

  1. What to do if your family need financial help
  2. How can I raise money: Best Crowdfunding site – Airfunding
January 13, 2022 AirFunding Infomations 3 comments

GoGetFunding Pros & Cons: 5 Best Crowdfunding Sites for Phillippines

Several crowdfunding platforms are available online, making it difficult to decide which to use. In fact, according to Fundera’s 2021 report, there were 6,455,080 worldwide crowdfunding campaigns last year. All of these campaigns were published on different platforms with varying aims and audiences. GoGetFunding is one of the popular crowdfunding platforms in the Philippines.

GoGetFunding
GoGetFunding

Learn more about GoGetFunding and other crowdfunding sites which you can check that best suit your needs and aim.

There are always pros and cons to any crowdfunding platform. Take for example GoGetFunding. Listed below are some of its pros followed by some lacking features that you might probably find on other crowdfunding platforms.

Pros of GoGetFunding

Easy To Use Platform

The GoGetFunding platform makes it easy for people to fulfill their dreams and claims to help them start in just ten (10) minutes. By registering and connecting your PayPal or bank account to GoGetFunding, users will have instant access to GoGetFunding’s website, which makes fundraising for anyone who wants some help very easy!

Best for Entrepreneurs

If you have a business pitch or idea, GoGetFunding is the best platform for you especially since they have an assigned personal fundraising coach. Your vision will surely be turned into reality with the help of a coach. It is worth noting though that you can still use the platform for other types of fundraisers like medical, volunteering, relief operations, and many more.

Cons of GoGetFunding

Limited currency support

As of the moment, GoGetFunding only supports 23 currencies: U.S. Dollar, British Pound, Canadian Dollar, Euro, Japanese Yen, Australian Dollar, New Zealand Dollar, Swiss Franc, Hong Kong Dollar, Singapore Dollar, Swedish Krona, Danish Krone, Polish Zloty, Norwegian Krone, Hungarian Forint, Czech Koruna, Israeli New Shekel, Mexican Peso, Philippine Peso, New Taiwan Dollar, Thai Baht, and South African ZAR (conditions apply).

It can be quite challenging for other countries to support your cause if their currency is not supported.

Alternatives to GoGetFunding

Indiegogo

If you are finding another platform that is best for creatives and entrepreneurs, Indiegogo is your best bet. With Indiegogo, people may support entrepreneurs and new technology from the earliest stages of development. With every campaign, people may choose to contribute at a level they can afford.

Kickstarter

Similar to Indiegogo, Kickstarter is banking on creativity. It is a global crowdfunding platform based in Brooklyn with a mission to “help bring creative projects to life”. The odds are that 9 out of 10 campaigns that accomplish a 25% funding level at some point will actually hit or exceed their funding goal, regardless of official numbers. With these figures, Kickstarter is quite known for having meticulous standards for its campaign and successful campaigns must pay a fee back to Kickstarter.

Gava

Gava is a crowdfunding platform with over 21K total donors and 100 live campaigns since 2016. A noteworthy feature of Gava is that donations are transparent, secure, and traceable thanks to its integration with blockchain technology.

Blend.Ph

If you wish to raise a specific amount of money in a short amount of time, you may opt to apply for a loan at Blend.Ph. Blend.Ph is an online P2P platform for personal, franchise, salary, and other types of loans. The only downside for this is that you will have to think of returning the borrowed money after the launch of your project.

Airfunding

On top of these existing crowdfunding platforms, Airfunding can be your option since it caters to the Philippines as well. On top of this, it is not only limited to a specific niche. You may create a project for any cause – medical, disaster, personal, community, study abroad, animals, or even COVID-19 relief.

Furthermore, you can easily open a project. There are no fees to open a project in Airfunding. It only takes 5 mins to set your target amount and completion date, and then set an image and project title that best describes your situation. There are no hard to fill out and to fulfill requirements.

You may start your crowdfunding journey by creating your project here.

January 7, 2022 Airfunding for NGO No comments yet

5 Ways to Earn Money Online as a Student

Being a college student on a shoestring budget, unable to afford books, supplies, or other necessities, can be an excruciating experience. Fortunately, there are several ways for you to earn money. You have probably stumbled upon these ideas upon searching how to earn money online for students, but you are still in need of a nudge to actually go for it.

As a student, it is overwhelming to see job descriptions and requirements to fulfill before actually earning. However, this shouldn’t stop you from trying because you will reap the rewards of the time and effort that you’re going to invest.

Read more about how to earn money online for students:

Become a tutor

If you’re good in a particular subject and enjoy teaching, then you may offer tutoring services at your school or even outside your school. Consider contacting local schools to see if tutoring is an option, or consider posting on Facebook groups. There are several parents who are ready to spend for their kids who need a little extra academic aid to keep them on track.

Another tutoring option for you if you are well-versed in the English language is to apply as an English as Second Language tutor online. There are several job openings with flexible time schedules which allows you to balance your time while studying. 

Write articles

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Consider blogging to earn money if you’re online a lot and enjoy writing. This will require a lot of effort from your end at the start, but if you can come up with an approach that attracts readers then you can make money through Google Adsense and Amazon Associates’ affiliate program.

Another way to earn by writing articles is looking at Reddit, forums, and other job posting websites where people ask for favors to ghostwrite articles on their behalf. This is a fun way to expand your niche and skills.

Sell stuff

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Do some general cleaning inside your house and try selling clothes that no longer fit you or books that you’ve already read. Aside from saving space in your house, you also earn some bucks at the side.

Another way to do this is by finding a supplier of a specific trending product and resell it in your place. 

Transcribe audios

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There are several transcription jobs that accept students with no experience. If you can type fast, then this is the perfect gig for you. Many industries are looking for people to transcribe audio into text and it doesn’t require that much skill from your end. You just have to listen well and meet the deadline. 

Create a YouTube Channel

You’ll have to be dedicated to making YouTube as an income stream because you have to hit 1,000 subscribers and 4,000 watch hours before applying for monetization. This won’t be a problem for you if video production and content creation is your passion.

You may also use your channel to work with brands as their influencer or affiliate. You just have to negotiate with them on your rates in exchange for content on your channel. Some brands or websites require minimal effort.Just by mentioning them in your video or simply adding links in your video descriptions, they will offer you money or a product in exchange. 

Crowdfunding

Another option for you is to raise funds through crowdfunding platforms. The above-listed ideas take time to raise money. So, if you are really in need of immediate funds, crowdfunding may be the best option for you. You are basically relying on the help of family, friends, academics and strangers to donate towards a cause which is your completion of degree.

You just have to sign up on an online crowdfunding page like Airfunding and promote it to the public. Hopefully, you’ll be able to reach your financial goal with your crowdfunding project while you try out other ways to contribute in some way towards your target money.

If you wish to start a fundraisers for nonprofits with no frills, then create a project by clicking here.

December 23, 2021 AirFunding Infomations 1 comment
fundraising run

Where can I post fundraisers for nonprofits

There are several charity fundraising options available online. In fact, according to the research group Nonprofit Research Collaborative, around 82% of nonprofits host fundraising events in order to raise awareness for causes and secure funds. 

To give you an idea on how to raise funds, we have listed different fundraising activities which you can organize.

Fundraising Ideas

A-thon and fun run events

Over the years, a-thon events for a cause have become popular as a form of charity fundraising. It is the go-to option of fundraisers because individuals feel their involvement with the cause since they are physically present.

Walk-athon, hike-a-thon, fun runs,and walks are good options especially if you have minimal budgets. However, the returns for your investment in organizing such events is highly dependent on your promotions. Smaller organizations may find it tough to deliver high return compared to bigger ones.

Auction

Auction is another option for fundraisers for nonprofits. It is not an upfront, hard push for raising funds, but a subtle way of incorporating it into another event. For this activity, you may organize a meet and greet for members of the nonprofit organization and allot a portion of the program to the auction.

This activity will attract more potential donors because they get to appreciate more lending their money since they have something to take home with them. It’s going to feel like spending more than donating. More than the value for money, bonds and ties within your organization will be stronger.

One of the most effective ways to bolster the scope of your event, attract more potential donors, and get supporters to spend more money at an event is by incorporating a live or silent auction. An auction fundraising event not only gives your guests a reason to open their wallets, it also gives them something to do while socializing. It also gives your employees something to talk to your guests about during the meet and greets.

Discussing items to be auctioned off gives you an easy tie-in to the fundraising component of the event without having to ask for a direct donation in person.

Auctions yield high returns on investment for midsize organizations and are easier to plan. For small organizations the return on investment is relatively good but requires more planning. For larger organizations planning auctions are difficult to plan with little return on investment.

Art Exhibit

Somehow similar to the nature of an auction, a charity art exhibit is an opportunity for members to take part in the cause by creating an output. You might be wondering where the fundraising comes in with this idea. It is pretty easy because you just have to tap a pool of local artists who want to showcase their work for a small entry free. You may opt to invite a professional artist to judge their work.

Since this is a contest, you will have to provide prizes for the winners. Since you are doing charity fundraising, it’s best to partner with other organizations and companies for sponsorships for the prizes for winners. You may also sell the work of the artists if they are interested and share a percentage of their sale to the organization. 

However, not all people are appreciative of art, so it can be challenging to find the niche people for this activity.

Crafting your plan

Fundraisers for non profits require rigorous planning. These events may generate revenue, but will really require manpower, financial preparations, and time. Hence, it’s best to do an initial research and survey if your selected charity fundraising activity will be feasible to conduct.

Apart from these ideas, you may also opt to set-up via crowdfunding which requires minimal effort from your end. This may serve as your main fund source or a passive additional pooling of funds.

Airfunding is one of the existing crowdfunding platforms online which has a proven track record of helping nonprofit organizations. 

Take MedEnforceKZ’s project as an example. They aimed to raise funds through various fundraisers, organized academic courses, and online workshops and seminars in order to buy medical supplies and resources for hospitals in Kazakhstan. They used Airfunding as one of their ways to raise funds alongside other initiatives. Their goal was to raise $250, but support came flooding in and they were able to claim $660.

If you wish to start a fundraisers for nonprofits with no frills, then create a project by clicking here.

December 15, 2021 AirFunding Infomations 21 comments

How can I raise money: Best Crowdfunding site – Airfunding

There are several crowdfunding sites and platforms where you can raise money and it can be overwhelming to decide which one to choose. In fact, the crowdfunding market is projected to grow by 13.86% in 2021 (Technavio, 2021). With this growth, there will be more crowdfunding platforms that will rise and you have to set standards on which one you’re going to select as you raise money.

One of the existing crowdfunding platforms is Airfunding which can be your bet because of its beneficiary-friendly features. Read more on why you should choose Airfunding as your platform for your next project.

Credibility 

Airfunding was launched in November 2018 by Kihetai Inc. and has supported 76,000 projects. This is a testament of how several project owners trusted the platform.

One of the successful projects which proves the credibility of Airfunding is Justine Nancieno’s call for help for Louisa’s dialysis. Justine, based in the Philippines, set $3,000 as the aimed fund. After the campaign period, there were 25 people who shared the campaign and raised a total of $3,136.  The collected amount was directly given to Louisa’s family. 

Imagine the stories behind the rest of the 76,000 completed projects. These were made possible because of the trusted reputation of Airfunding.


Global Support

Airfunding is a unique crowdfunding platform used by more than 200 countries to raise money. The company is located in Japan and Malaysia, but this platform is open for the use of various countries. 

Furthermore, your project will be translated to 17 different languages. You may also be assisted by our staff who can speak in English, Spanish, Indonesian, Russian, etc. With this kind of support, your project is given leverage with its wider reach.

Apart from this, your project will be introduced in AirTripp, a global social networking site used by 10 million people from 200 countries. This will further extend the reach of your project, increasing the chances to receive greater support from people around the world.


Free Registration

Airfunding is very friendly to project managers as they can register for free without any platform fee. You just have to register, set a goal amount and deadline, add pictures, and explain what you are raising funds for. Another winning element in Airfunding is that you can open multiple projects at the same time. Not all crowdfunding platforms allow this.


Easy Withdrawing of Funds

Aside from the benefit of creating projects without paying platform fees, you can easily request your collected funds even if your project has not ended. If you wish to complete the collection until the end of your project, you can opt for that and you will receive all of your collected funds.

It takes only about 1 to 2 weeks from your request to the delivery of the collected amount.


Inclusive

Airfunding supports ideas and causes of a variety. Projects are categorized as COVID-19 relief, Medical, Disaster, Family, Community, Immigration, Education, Art, Business, Study abroad, Travel, Animals, and Other.

Aside from all the above-mentioned features, the success stories themselves are more than enough for you to choose Airfunding as you raise money for your idea, project, or cause. Another successful project from the Philippines was Team IMPACK’s Typhoon Rolly Relief Fund which collected a total of $1,500. The beneficiaries of this project are the neighboring areas of Antipolo Old, Nabua and Camarines Sur, Bicol who were severely affected by Typhoon Rolly. The collected money was allocated for their basic essentials , food, relief, and labor to rebuild their homes.

Carry out your own crowdfunding success in as easy as 5 minutes by clicking here.

December 3, 2021 AirFunding Infomations 100 comments