Payday loans for emergencies

Personal emergency loans are installment loans , meaning you receive the money in a lump sum and repay it in monthly installments. Repayment terms are from two to seven years. Most reputable lenders report loan payments to the three major credit bureaus , so on-time payments build your credit, while missed payments can hurt it.

Lenders typically have minimum credit score and maximum debt-to-income ratio requirements for personal loans. The best emergency lenders can approve your application and fund a loan within a day or two. Some offer secured, co-signed or joint loans, which may be easier to qualify for.

Even in an emergency, taking time to compare personal loans and potentially cheaper options can save you money and help you avoid harmful lenders that can damage your credit and finances.

A personal emergency loan is a type of installment loan , meaning you receive the money in a lump sum and repay it in monthly installments. Review your monthly budget to determine what size loan payment you could afford.

The loan with the lowest APR is the least expensive overall. You can use APR to compare emergency loans with other financing options. A loan with a long repayment term and low monthly payment may seem appealing, but it costs more in total interest.

Look for an offer that balances affordable monthly payments with reasonable interest costs. The most common fee to look for with a personal loan is an origination fee.

If you need cash fast, consider a lender that offers fast funding. Some lenders can fund a loan the next day, while others could take up to a week after approval. Online lenders may disclose the timeline in an FAQ or blog section of their websites.

Time to approve. Time to fund. Origination fee. Other loan types. As fast as 5 seconds. Within a few minutes. Same or next day. OneMain Financial. Usually instant. Joint, secured. Rocket Loans. Within a day. Universal Credit. Up to a few days.

Best Egg. We compared more than a dozen lenders to choose the best personal loans for emergencies. Among the factors we considered are:. Minimum credit score requirement. Approval and funding time. The ability to add a co-applicant or collateral. Star rating.

Annual percentage rate range. Loan amount. Check your credit. You can view your report for free on NerdWallet or at AnnualCreditReport. Determine what you can afford. Review your monthly budget to determine how much you can afford to pay toward the loan each month.

Pre-qualify and compare offers. Gather documents and apply. Once you have a loan offer with affordable monthly payments, find the documents you need to apply for a personal loan. This can include W-2s, pay stubs, a government-issued ID and proof of address.

You could get an instant approval decision, but it often takes a day or two. Here are a few tips to get an emergency loan with bad credit:. Add a co-signer or co-borrower: A co-signer or co-borrower can help your chances of qualifying or getting a good rate. A co-borrower has equal access to the funds, while a co-signer does not.

Add collateral: Some lenders offer secured personal loans and consider the item used as collateral usually a bank account or vehicle when assessing an application. Adding collateral can improve your chances of qualifying, but the lender can take the collateral if you miss too many payments.

Add up income streams: Your monthly income is another important factor on an application. Most lenders want to see that you have enough to cover regular expenses, make the new loan payment and have a little leftover. Many lenders consider things like Social Security, alimony or child support as part of your income.

Online lenders usually let you check your rate before applying and offer a fast application process. But predatory lenders will try to exploit your emergency. Many banks prefer borrowers with good or excellent credit scores or higher , but there are some exceptions. Some large banks, like Wells Fargo , U.

Bank and Bank of America offer small loans that can cover emergencies. You must be an existing customer to get this type of loan, but the fees are much lower than what payday lenders charge. Credit union members may have the most affordable emergency loan option. Some credit unions offer payday alternative loans , which are small-dollar loans with low rates that are repaid over six months to a year.

Examples of emergencies you can pay for with a personal loan include:. Medical or dental bills. Home repairs. Car repairs. Bills after a loss of income.

Unexpected travel expenses. These emergency loans can be fast and easy to get, but they could do long-term financial damage. Some no-credit-check installment loans share similarities with payday and auto title loans.

Repayment terms on these loans may be longer than you need or a lender may encourage you to refinance the loan multiple times, resulting in exorbitant interest costs over the lifetime of the loan.

Pawn loans require you to hand over a valuable item to a pawnshop as collateral for a small loan. You have to repay the loan, with interest, or the pawnshop will keep your item. If repayment takes too big a bite out of your bank account, you could end up borrowing from the pawnshop again.

With car title loans , a lender assesses the value of your vehicle and lends you a percentage of that amount. If you accept, the lender holds the car title and you receive your loan.

Payday loans are high-cost, short-term loans that are risky — even in an emergency. Cheaper alternatives to borrowing aren't always fast or convenient, and sometimes they require asking for help.

But NerdWallet strongly recommends exhausting alternatives first, even in an emergency. Here are some possible alternatives to an emergency loan. Best for: Help meeting basic needs. Community organizations such as charities, food banks and free loan associations can help you with home weatherization, free food, transportation to job interviews and other basic necessities.

NerdWallet has a database of financial assistance programs in each state. Best for: A no-credit-check loan with low- or no-interest for any purpose.

Though it may be uncomfortable to ask, borrowing from someone you trust may be the most affordable and safest option. A loan from a friend or family member will probably not require a credit check. You can draw up a loan agreement that includes when and how the money will be repaid as well as any interest the lender chooses to charge.

Best for: Paying off medical debt at a low cost. When you get a high medical bill, start with your free options: Set up a payment plan with your provider and negotiate the costs on your own. If you still need help, you can research low-cost medical credit cards or find a reputable medical bill advocate to negotiate on your behalf.

If you need money for a one-time emergency like a car repair or vet bill, try asking your employer for an advance on part or all of your paycheck. You can also use a cash advance app like EarnIn or Dave, which often have low mandatory fees. These options effectively let you access your own money early, rather than providing additional cash that you repay over time, so be sure you can meet all your other monthly financial obligations with a rearranged pay schedule.

Best for: A large purchase that you want to repay over time. This option is offered at most major retailers. We collect over 50 data points from each lender and cross-check company websites, earnings reports and other public documents to confirm product details.

NerdWallet writers and editors conduct a full fact check and update annually, but also make updates throughout the year as necessary. Our star ratings award points to lenders that offer consumer-friendly features, including: soft credit checks to pre-qualify, competitive interest rates and no fees, transparency of rates and terms, flexible payment options, fast funding times, accessible customer service, reporting of payments to credit bureaus and financial education.

We also consider regulatory actions filed by agencies like the Consumer Financial Protection Bureau. NerdWallet does not receive compensation for our star ratings. Read more about our ratings methodologies for personal loans and our editorial guidelines. When choosing a loan for bad credit, some factors to consider include how much the loan will cost, the repayment terms you can get which will determine your monthly payment , and how quickly you can apply and get funded.

Before applying for an emergency loan, gather your personally identifiable information e. This will make the application process easier, as lenders will require you to provide this information. The loan also helped diversify my credit profile, as I only had student loans and a couple credit cards back then.

I watched my score rise as I started paying it off with on-time payments, too, which was an added bonus for someone still fairly early in their credit journey.

An unsecured personal loan is not your only option for an urgent loan, but you should carefully evaluate all of the following alternatives before choosing one. If emergencies are unavoidable, borrowing to pay for one doesn't have to be.

All you need is a dedicated savings account— an emergency fund —to help see you through. But how do you build one? An emergency personal loan for bad credit will usually come with the typical fees of any personal loan—mainly origination fees , interest fees , and late payment fees.

But those fees may be higher than a loan offered to a person with good credit. Credit card cash advances , for example, are notoriously expensive and might damage your credit score by driving up your credit utilization ratio. Some types of emergency loans can affect your credit score, while others will not.

A traditional bank, credit union, and online lender generally will report account details to the credit bureaus. Payday lenders and title lenders generally do not. When a lender reports an emergency loan to the credit bureaus, the way you manage the account dictates whether it will help or hurt your credit score.

If you make your payments on time, the account may benefit your credit score in the long run. However, if you make late payments or become past due on your debt, that emergency loan could hurt your credit score instead.

Many lenders offer fast funding to qualified borrowers. On the other hand, loan funding can sometimes take several days or even up to a few weeks.

Certain lenders may take longer to process your loan application or release your funds than others. Although some lenders do provide loans without credit checks, they're not recommended. Such lenders like payday loan lenders often charge steep origination or application fees and high APRs.

Among the lenders on our list, Upstart says it will offer loans to borrowers with credit scores of just , as long there are no other adverse entries in the credit report. Other lenders we researched report minimum credit scores of or , which are considered 'Fair' and 'Poor', respectively.

Among the lenders we reviewed, both TD Bank and Upstart have low minimum credit score requirements—just Credit score isn't the only factor lenders consider, but a lower minimum credit score requirement can indicate "looser" or easier lending.

Of all the lenders on our list of best emergency loans for bad credit, OppLoans may be the easiest to qualify for, as it specializes in short-term loans for borrowers who are unable to secure loans with traditional providers. We researched and reviewed 70 companies to find the best seven lenders you see above on this list.

While we write individual reviews for most companies we research, we do not always write reviews for companies we would not recommend. These are the companies we researched, along with links to individual company reviews, to help you learn more before making a decision: Achieve , Affinity Federal Credit Union , Alliant Credit Union , American Express , Avant , Axos Bank , Bankers Healthcare Group, Best Egg , Bethpage Federal Credit Union , Blue Federal Credit Union , Boatloan.

com, Boeing Employees' Credit Union , CapexMD, Citibank , Connexus Credit Union , Discover , Dividend Finance, ENT Credit Union , Fig Loans, First Tech Federal Credit Union , Future Family, GoodLeap, Greenstate Credit Union , Happy Money , Hiway Credit Union , Lake Michigan Credit Union , Laurel Road , LendingClub , LendingPoint , LendingUSA , Liberty Federal Credit Union , LightStream , Lyon Financial, Mariner, Money Key, Mountain America Credit Union , NASA Federal Credit Union , Navy Federal Credit Union , Netcredit , Old National Bank , OneMain Financial , OppLoans , Patelco Credit Union , PenFed , Personify Financial , PNC Bank , Prosper , Reach Financial , Regions , Reprise , Rocket Loans , Santander , Service Federal Credit Union , SoFi , Southeast Financial, Summit Credit Union , SunPower, TD Bank , Teachers Federal Credit Union , Trident Funding, Truist , U.

Bank , Universal Credit , Upgrade , Upstart , USAA , Vantage Recreational Finance, Wells Fargo. To evaluate and rank personal loan providers we collected hundreds of data points across 70 lenders, including traditional banks, credit unions, fintechs, and special interest finance companies.

We researched and evaluated APRs, loan amounts and terms, fees, customer experience, and much more. To rank the lenders in our database and to generate star ratings, we weighted the data we collected, based in part on what consumers told us were the most important features of a personal loan and lender in a survey we conducted.

We grouped those factors into four broad areas:. Investopedia launched in , and has been helping readers find the best bad credit emergency loan companies since Learn more about how we evaluated personal loans in our complete methodology.

TD Bank. Patelco Credit Union. California Department of Financial Protection and Innovation. Veridan Credit Union. National Credit Union Administration. The Pew Charitable Trusts. Internal Revenue Service. Consumer Financial Protection Bureau. Is This True? Cookies Settings Reject All Accept All.

Best Emergency Loans for Bad Credit: Compare Options for February If youre not seeing anything in the results that are a good fit for your needs, consider warranties from these companies: Best Home Warranties Best Emergency Loans for Bad Credit Best Personal Loans for Bad Credit.

Company APR Credit Score est. Loan Amount More Details Best Overall. APR With Autopay Discount. Recommended Minimum Credit Score. Loan Amount. APR Range.

Not Disclosed This lender does not disclose its minimum credit score requirements. Why Trust Us. Read our Full Methodology.

Best Emergency Loans for Bad Credit of February Expand. Best Emergency Loans for Bad Credit of February The Bottom Line. What Is an Emergency Loan? How to Choose.

How to Apply. Emergency Funds. Learn More About Emergency Loans. Best Overall : Upgrade Investopedia's Rating 4. APR Range: 8. Why We Chose It. Pros Funding within one business day Competitive interest rates Rate discounts available.

Cons Origination fee up to 9. Have a credit score Be a U. citizen or permanent resident or have a valid visa Be at least 18 years of age Have a verifiable bank account and email address.

Read the Full Upgrade Personal Loans Review Best for Low Minimum Credit Requirement : Upstart Investopedia's Rating 4.

APR Range: 6. Pros No minimum credit score Low minimum APR Funding the next business day. mailing address Have a valid email address Have a verifiable source of income Have a U.

bank account. Read the Full Upstart Personal Loans Review Best Secured Loans : Regions Investopedia's Rating 4. APR Range: 9. Pros and Cons. Pros Secured and unsecured loans available No origination fees Low interest rates. Cons Must be a Regions bank customer Loan amount limited to deposit account balance Not available in all states Charges late fees.

Have a Regions deposit account Live in a state where Regions does business. Read the Full Regions Personal Loans Review. Best for Repayment Terms : LendingPoint Investopedia's Rating 3. APR Range: 7. Pros Flexible repayment terms Low minimum interest rates Funding as soon as the next business day.

Read the Full LendingPoint Personal Loans Review. Best With No Credit Check : OppLoans Investopedia's Rating 2. APR Range: Loan decision not based solely on credit score No origination fees Same-day funding available No late payment fees.

Very high interest rates Short repayment terms Not available in all states. Be at least 18 years of age Have a bank account Have a verifiable source of income Receive income through direct deposit Available in any state except Colorado, Connecticut, Georgia, Maryland, Massachusetts, Nevada, New Hampshire, New York, Pennsylvania, South Dakota, Vermont, West Virginia.

Read the Full OppLoans Personal Loans Review for Best for Fast Funding : TD Bank Investopedia's Rating 3. Pros Loan funding within one business day No origination fees Low maximum APR. Cons Not available in most states Minimum credit score not disclosed Limited range of repayment terms Charges late fees.

Live in Connecticut, Delaware, Florida, Maine, Maryland, Massachusetts, New Hampshire, New Jersey, New York, Pennsylvania, Rhode Island, South Carolina, Vermont, Virginia, and Washington, D.

Read the Full TD Bank Personal Loans Review Best Credit Union : Patelco Credit Union Investopedia's Rating 4. Pros Flexible loan amounts and repayment terms Low minimum APR Offers secured and unsecured loans.

Cons Only available to credit union members Charges late fees. Be a Patelco credit union member. Read the Full Patelco Credit Union Personal Loans Review. Compare the Best Emergency Loans for Bad Credit: Compare Options for February Average Origination Fee.

Advance America offers a variety of Emergency Loans, including Payday Loans, Installment Loans, Title Loans, and Lines of Credit. 1. Start your Emergency Loan ACE Cash Express offers emergency loans for immediate cash needs in certain states, and we make it easy to apply. Find an ACE store near you for more If you need money quickly for an emergency, these lenders may provide fast funding. But compare any offers before you decide

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I've Been Running To Payday Loans For Emergencies

Loans to help you take care of life · When you need to cover an expense, choose Plain Green. Receive funds for things like: · Car repairs · Broken appliances Emergency loans online are short-term personal loans. They are designed to be temporary and quick solutions to financial situations that require funds urgently These expenses might include things like medical bills, car repairs and other financial emergencies. With some emergency loans, you may get: Payday loans for emergencies
















Even if you koans bad creditapplying with Emergenvies will not emeergencies you any harm. When choosing Payday loans for emergencies loan for Payday loans for emergencies emergenciee, some factors to Payday loans for emergencies include how much the loan Low APR loans cost, the repayment terms you can get which will determine your monthly paymentand how quickly you can apply and get funded. Search Credit Cards. To rank the lenders in our database and to generate star ratings, we weighted the data we collected, based in part on what consumers told us were the most important features of a personal loan and lender in a survey we conducted. As fast as 5 seconds. Emergency Loans in Iowa. The loan application was easy to complete. And when you use a credit card cash advance, you may have to pay a service fee. Approval and funding time. If youre not seeing anything in the results that are a good fit for your needs, consider warranties from these companies: Best Home Warranties Best Emergency Loans for Bad Credit Best Personal Loans for Bad Credit. FAQs - Emergency Payday Loans What if my loan request is declined? Advance America offers a variety of Emergency Loans, including Payday Loans, Installment Loans, Title Loans, and Lines of Credit. 1. Start your Emergency Loan ACE Cash Express offers emergency loans for immediate cash needs in certain states, and we make it easy to apply. Find an ACE store near you for more If you need money quickly for an emergency, these lenders may provide fast funding. But compare any offers before you decide These expenses might include things like medical bills, car repairs and other financial emergencies. With some emergency loans, you may get Advance America offers a variety of Emergency Loans, including Payday Loans, Installment Loans, Title Loans, and Lines of Credit. 1. Start your Emergency Loan Unlike other types of loans, emergency loans are specifically geared toward events that happen suddenly or unexpectedly. Our one-time emergency payment loans An emergency loan is simply a type of personal loan used to cover unexpected expenses. Most emergency loans are unsecured loans. That means the lender Emergency loans can pay for unexpected expenses, and some lenders offer same-day approval. Compare lenders like Upstart, Best Egg and OneMain Financial When your immediate need for emergency cash starts calling, OneMain is in your corner. Apply for an emergency loan online from $1, - $20, Payday loans for emergencies
Emergency loans online cor short-term personal loans. Emergency Loans Payday loans for emergencies Wisconsin. Easy online loans. Many online payday lenders are based within Native American enclaves or even overseas, outside the jurisdiction of your state or even the federal government. Read the Full Upstart Personal Loans Review Check Rate on NerdWallet on NerdWallet View details. Some lenders can fund a loan the next day, while others could take up to a week after approval. The best emergency lenders can approve your application and fund a loan within a day or two. Time to Receive Loan. Can I Apply for Emergency Loans Near Me with Max Cash? Net Pay Advance is here for you always. When you visit the site, Dotdash Meredith and its partners may store or retrieve information on your browser, mostly in the form of cookies. Advance America offers a variety of Emergency Loans, including Payday Loans, Installment Loans, Title Loans, and Lines of Credit. 1. Start your Emergency Loan ACE Cash Express offers emergency loans for immediate cash needs in certain states, and we make it easy to apply. Find an ACE store near you for more If you need money quickly for an emergency, these lenders may provide fast funding. But compare any offers before you decide The most common emergency loan is an unsecured personal loan that you can borrow to cover the costs of unexpected expenses. They are usually Loans to help you take care of life · When you need to cover an expense, choose Plain Green. Receive funds for things like: · Car repairs · Broken appliances Emergency Payday Loans From LoanNow – Easier, Faster, and Better. You're facing a financial emergency, but you have bad credit and no valuable assets Advance America offers a variety of Emergency Loans, including Payday Loans, Installment Loans, Title Loans, and Lines of Credit. 1. Start your Emergency Loan ACE Cash Express offers emergency loans for immediate cash needs in certain states, and we make it easy to apply. Find an ACE store near you for more If you need money quickly for an emergency, these lenders may provide fast funding. But compare any offers before you decide Payday loans for emergencies
Secured loans may Payday loans for emergencies with relatively Direct loan repayment repayment loxns and a high interest rate. Online lans usually let you check your rate before applying and offer a fast application process. You can draw up a loan agreement that includes when and how the money will be repaid as well as any interest the lender chooses to charge. bank account. Urgent cash needs? A hard credit inquiry may be needed. Popular lender pick. Read Customer Reviews. No credit impact Applying does not affect your credit score. Putting your emergency savings into a separate, high-yield savings account could help you avoid spending that money on nonemergencies. Time to approve. Emergency Loans in Wyoming. Advance America offers a variety of Emergency Loans, including Payday Loans, Installment Loans, Title Loans, and Lines of Credit. 1. Start your Emergency Loan ACE Cash Express offers emergency loans for immediate cash needs in certain states, and we make it easy to apply. Find an ACE store near you for more If you need money quickly for an emergency, these lenders may provide fast funding. But compare any offers before you decide Emergency Payday Loans From LoanNow – Easier, Faster, and Better. You're facing a financial emergency, but you have bad credit and no valuable assets Contact Max Cash® preferred emergency loan providers today at () ! With Max Cash® preferred emergency loan partners you can get hassle-free An emergency loan is simply a type of personal loan used to cover unexpected expenses. Most emergency loans are unsecured loans. That means the lender An emergency loan is a personal loan with a fast funding timeline. Personal loans provide a lump sum of money that you can use for almost anything. You pay off Emergency Payday Loans From LoanNow – Easier, Faster, and Better. You're facing a financial emergency, but you have bad credit and no valuable assets Emergency loans online are short-term personal loans. They are designed to be temporary and quick solutions to financial situations that require funds urgently Payday loans for emergencies

Payday loans for emergencies - When your immediate need for emergency cash starts calling, OneMain is in your corner. Apply for an emergency loan online from $1, - $20, Advance America offers a variety of Emergency Loans, including Payday Loans, Installment Loans, Title Loans, and Lines of Credit. 1. Start your Emergency Loan ACE Cash Express offers emergency loans for immediate cash needs in certain states, and we make it easy to apply. Find an ACE store near you for more If you need money quickly for an emergency, these lenders may provide fast funding. But compare any offers before you decide

You could still be approved. We look beyond FICO scores to consider your whole financial profile. And your payments are structured into manageable monthly installments that work with your budget. LoanNow provides the money you need with terms you can live with.

Check us out today! Complete our easy online application. It takes 5 minutes and there is no paperwork and no faxing required. You will get a quick loan approval decision. We are a direct lender so there is no long wait for an answer. We deposit your money right into your bank account.

Your installment loan payments come from the same account - automatic, no hassles. Together, we grow your LoanNow score to unlock better rates. Most banks will post the funds to your account by the next business day.

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Search Credit Cards. Personal Loans Personal Loans. Debt Consolidation Loans. Same Day Loans. Emergency Loans.

Major Purchase Loans. Home Improvement Loans. Personal Loans for No Credit. Personal Loans for Bad credit. Personal Loans Articles. Personal Loans Calculators. Auto Auto Loans. Auto Refinance Loans. Auto Insurance.

Auto Articles. Auto Calculators. Home Current Mortgage Rates. Mortgage Refinance Rates. Referral platforms like FaaastCash. com connect your loan request with a network of direct lenders, significantly enhancing your chances of approval.

This method is far superior to driving around town. Plus, you can start the process from your smartphone, laptop, or tablet — securely, swiftly, and effortlessly.

Direct payday lenders rely on databases to assess your overall financial profile and capacity to repay any loan extended to you. These assessments occur online and typically take mere milliseconds per loan request. Any potential credit impact becomes more relevant if you fail to repay the loan according to the agreed upon terms.

The important lesson here is to exercise caution and only accept an online emergency loan with no hard credit check offer if you can meet the repayment terms outlined in your loan agreement.

Failure to do so without working out a repayment plan with the lender can lead to the involvement of a collection agency and the likely reporting of this default to credit bureaus.

Payday loans can be an excellent option when exploring emergency payday advances. Payday loans can be great for those who need access to temporary money until the end of the month or their next payday. You can find emergency cash loans to fit your needs with FaaastCash.

Fill in our online submissions form to receive a fast decision. Want to find emergency cash loans that meet your requirements? If your loan inquiry is declined, you will not be charged any fees, and there will be no impact on your credit scores, so you can have peace of mind that when you apply, you will not be putting yourself at risk.

Fortunately, at FaaastCash, we work with such a wide range of direct lenders that we will always be able to match your loan inquiry for the best outcome possible.

We are passionate about helping you get emergency cash immediately, safely, and as affordably as possible. No, your loan application will not negatively impact your credit scores — and whether you proceed with the loan or not will not impact your ability to get future loans, credit cards, or mortgages or disadvantage you in any way.

Even if you have bad credit , applying with FaaastCash will not cause you any harm. However, it is recommended that you only make one loan request in a short time. Multiple loan requests will normally disqualify you from ALL loan requests at that time.

If you miss your repayment as noted in your loan agreement, you will often be given a window to repay, such as 24 or 48 hours, without any fees or penalties added. But if you still cannot contribute towards your payment, either partially or in full, you will be charged a late fee until the repayment is cleared.

Your lender will contact you via email, SMS, and phone to recover any missed repayments, keeping in line with the number of times they can follow up within the regulatory guidelines. It is always best to only request a loan in the amount you are certain you can repay on the due date.

There are many different options to borrow an emergency cash loan. The amount you can borrow, and the loan term largely depend on the payday loan regulations in the state you live in and what the lender is willing to offer you.

All of this is dependent on key factors such as whether you have current, reliable income.

Apply for Emergency Same Day Loans - Receive $100 to $35,000 in Just 1 Hour Get Your Estimate. Need more time? Payday loans for emergencies the Full TD Bank Personal Loans Review emerbencies Other lenders we researched report minimum credit scores of orwhich are considered 'Fair' and 'Poor', respectively. Helping Good People Get Better Loans Check Your Rate.

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