If you’ve ever had to cover a major medical bill, unexpected car repair, or any other emergency, then you know it is not easy to come up with cash right away. Having an emergency fund is one of the best financial preparedness you can have, although most people do not have extra money to cover an emergency. With these challenges one may face due to an emergency, an emergency loan can help you cover these expenses if you don’t have enough cash when you need it the most.