Getting Emergency Cash When You’re Traveling
It’s a terrible position to be in: you’re in another country (maybe one where you’re not 100% confident with the language) and you find your money or wallet gone. Or, maybe you’re in that same foreign country and you suddenly find yourself faced with a medical emergency that is going to take some money. At home, you could head out to get a personal loan, credit card cash advance, or payday loan. What do you do when you’re far from home?
It pays to plan in advance. Travel insurance can take care of many of the emergencies which can drain you of cash overseas and insurance provides you with peace of mind as well. Another good option is to travel with travelers checks. If your travelers checks get stolen or lost, your company or bank will often replace them for you. Of course, make sure you check the replacement policy to ensure your bank offers this type of protection.
If you are overseas with no insurance and find yourself stuck, hopefully you’ve read our guide to travel emergency cash. If you haven’t, keep in mind that you can often get a credit card cash advance or online payday advance, even overseas. Just make sure you use a secure computer to apply and you’ll have cash in no time.