Sentences with phrase «emergency source»

Even though borrowers tend to seek out payday loans as an emergency source of cash, taking time to research other — potentially cheaper — borrowing options can reduce the likelihood of getting stuck with ballooning payments down the road.

Obviously at this rate you wouldn't want to borrow from this account unless it was a VERY good investment, but it is well suited to use as an emergency source of funds.

If you have maxed out your retirement investment vehicles and have some additional investments in a regular taxable account, you can certainly use that as an emergency source of funds without much downside.

You can't always count on your credit cards as your emergency source of cash — nor should you.

For instance, the study included an estimated $ 6.2 billion for some of the money spent on the strategic petroleum reserve, the government's stockpile of crude, which was designed as an emergency source in case of a major supply disruption.

It can also pay for a wedding, or provide an emergency source of funds to smooth out rocky financial times during the child's life.

CHP can also provide an emergency source of electricity that can keep the hallway lights and elevators running during a blackout.