Free Money | How to Get Free Money

They say the best things in life are free — and money is no exception!

But, if you’re like most of us and still waiting to hit the Mega Millions jackpot, there are plenty of ways to score some free money in the meantime. Read on to learn what free money is and how to get free money online when you need fast cash.

What is free money?

Getting some extra money for free is easier than you might think. In some cases, you may qualify for free money from government programs and stimulus payments, as most of us saw at the height of the COVID-19 pandemic. Local organizations may provide help paying utility bills or past-due rent. You may even have unclaimed money — such as an uncashed paycheck or forgotten utility deposit — just waiting to be recovered.

There are even ways to make free money online or through mobile apps. Any of these options are worth exploring when you need some fast cash.

How to get free money

Let’s review some of the most common ways to get free money:

Get free money online from the government

From mortgage down-payment assistance grants to health insurance tax credits, there are numerous ways to get free money from the government.

College students, for instance, can take advantage of the federal Pell Grant, which can shave thousands off an annual tuition bill.

Low-income families may qualify for food assistance or the Child Care and Development Fund. Many government programs like these are need- or income-based, but they’re worth exploring if you need extra help.

Take advantage of credit card sign-up bonuses

Before signing up for a new credit card, compare your options. You may qualify for a card that offers a sign-up bonus or a similar monetary perk that can give you free money. Sometimes, you can get up to $200 in cash rewards just for opening a new credit card.

Consolidate your debt

In many cases, knowing how to get free money is more about managing what you already have. Debt consolidation can help you pay off what you owe faster, simplify your monthly bill payments, and ultimately keep more money in your bank account. Applying for a personal loan is one of the easiest ways to get the cash you need to consolidate those debts.

Take surveys online

Consider taking a few paid surveys if you’re wondering how to make money online for free. Companies conduct surveys and advertise through online rewards platforms like Swagbucks, Cash Karma, and InboxDollars. Depending on which platform you use, you may receive a sign-up bonus and earn free money like cash rewards or gift cards for completing tasks.

Use shopping and cashback apps

Cashback apps like Ibotta and Fetch Rewards have become popular among the couponing crowd for a good reason. Each app offers cashback rewards whenever you buy a product from a specified store. So, if you already plan to purchase the products listed on the cashback apps, this is a great way to start banking a few extra bucks every time you shop!

Online loans that can get you money now

Finding money for free is one thing — borrowing enough to cover immediate expenses is another. The right online loan can get you the cash you need now and allow you to pay back the balance over time, which may work out better than pocketing a few extra bucks here and there. Of course, it’s not free money (you’ll pay back more than you borrow due to interest), but an online loan can be a smart solution when you need extra cash.

An online installment loan, for instance, gives you quick access to cash with the ability to repay the loan in small, affordable payments. In some cases, you may just want to access extra money when you need it.

A line of credit works similarly to a credit card in that you’re approved for the maximum amount you can borrow. You then withdraw the money you need from the available funds.

If you’ve paid off your vehicle and own your title free and clear, a title loan is a great option. Keep in mind, however, that while you may be able to start a title loan application online, you’ll need to visit the lender in person to have your car appraised.

Avoid free money scams

Unfortunately, free money scams are as old as time, so be careful when looking for a legitimate money-making opportunity online.

For instance, you may receive an official-looking email promising federal grant money. These scams typically ask for your banking information under the guise of “depositing” cash in your checking account. Instead, they use that info to wipe out your account.

Another common scam involves work-from-home ads that promise excessive amounts of money. You might even see these scams posted as comments on social media. These “get rich quick” schemes are pyramid schemes at best and illegal undertakings at worst.

Avoid any free money offer that asks for your personal information, requires you to pay for information, or promises unrealistic rewards.

Get the money you need today

Securing the extra money you need doesn’t have to be a hassle. With Advance America, you can get fast cash without the wait. When faced with an unexpected expense like a car repair or medical bill, an emergency loan offers the flexibility and convenience you need to get back on track.

Explore our online loan options and get the money you need with a click.