If you are in urgent need for money, then a personal loan might be the best option. However, it is important to keep in mind that you will be paying interest a high rate on this kind of loan, therefore you should have a plan for being able to make all your payments on time. It is important to have a good credit score to apply for a personal loan. Applications with low credit scores do not have a good chance of being approved and with each rejection your credit score will further go down. You can check your credit score at mymoneykarma for free and know which are the banks you should apply to based on your credit score.