Are you late on rent and in danger of being evicted? Don’t hide from your landlord. There are plenty of options out there to help you when you need to borrow money for rent. Here’s what you can do if you need to borrow money for rent, even if you have a low credit score.

Use These Tips When You Need To Borrow Money For Rent

Approach Family And Friends

If you know someone who can help, swallow your pride and reach out. Explain that you need to borrow money for rent, and how you will pay it back. You may even want to summarize your agreement on paper, just like you would with any kind of loan.

That paperwork may seem like an unnecessary step, especially if you’re close relatives or friends, but it will prevent any confusion and conflict that can ruin your relationship.

Ask Your Employer For A Cash Advance

Some companies have employee loans that have reduced or even no interest. If not, approach your employer or Human Resources Department to find out if you can advance your paycheck. Say that you need to borrow money for rent and they can either take it out of your next paycheck or slowly have you pay it off through a salary deduction plan.

Look For Rental Assistance Programs

When you need to borrow money for rent, a good option is to look at rental assistance programs. Your state may have programs for people who need to borrow money for rent. You can get rent subsidies or qualify for more affordable housing.

To qualify, you need to prove that your income has been reduced or become unstable, to the point that you’re at risk of becoming homeless. If your financial problems were caused by the pandemic, you can use the CDC declaration form in your application.

To find out what’s available and how to apply, you can call 211, or check out the database of the Urban Department of Housing.

However, these programs do require a lot of documents and processing time and will prioritize people who are in danger of being evicted from their homes. So don’t rely on it if you need to borrow money for rent quickly, since approval can take weeks, if not months.

 

 

Take Out Personal Loans

If your friends, family, employer, or the US government can’t help you, you can take out personal loans to help you out. And when we say personal loan, we are talking about a fast title loan.

Personal loans can be used for any kind of emergency expense, from medical bills to a big backlog in rent. If you go to Fast Auto Loans, Inc., you can complete the process in a day — ideal if you need to borrow money for rent right away.

You Can Borrow Money For Rent Even With Bad Credit

Are you worried that you’ll be denied outright because of your credit history? Have you approached lenders, but got frustrated by their complicated and confusing requirements? Fast Auto Loans, Inc., can help you out.

We offer fast title loans Arizona for people with good or bad credit histories. And since we know it’s a financial emergency and you need money right away, we’ve set up a really simple and fast application process.

Get Rent Money With A Fast Title Loan

A title loan is a loan where you use your vehicle title as collateral. You can borrow $300 to $15,000, depending on your vehicle model and condition. There are plenty of benefits when it comes to our title loans.

We try to make our loans as accessible as possible. Anyone can apply, even if you are unemployed or have a low credit score. All you need is:

• Driver’s license or any state-issued I.D.
• Vehicle title that is registered under your name, and is lien-free (no outstanding loans and judgments against it)
• Vehicle inspection to determine the loan amount you qualify for

Besides our simple requirements, you can keep using your vehicle during the duration of the loan as long as you meet the payment schedule. And, true to its name, the fast title loan is just that – fast. You can start the process online, and then complete the rest of the application in our office in 30 minutes.

How To Apply For A Fast Title Loan

Are you ready to start the process? It isn’t difficult at all to understand how we do things. Just follow our guide below to learn more:

1. Fill out the online form on the website. All information is confidential and only used to contact you from the nearest store location!
2. One of our loan representatives from the nearest branch will call you. He or she will explain the rest of the steps and answer any questions you may have.
3. Search on our website for ‘Arizona title loan places near me’ or arrange to meet your loan representative at a convenient location. Have the required items with you when we meet.
4. After inspecting your vehicle and documents, your loan representative will determine the loan amount you qualify for and decide if you qualify for approval.
5. If you are approved, they will go over the loan terms and have you finish the paperwork. Once complete, you can get the money either the same day or the next bank business day.

Solve Your Rent Problems Today

Need to borrow money for rent? The solution is just a few clicks away. Whether you choose one of these options or a title loan, there are plenty of avenues for you to turn to. And if you do decide to choose a title loan, go to our online form to find out more about a fast title loan. By this time tomorrow, you could have the money you need. 

Note: The content provided in this article is only for informational purposes, and you should contact your financial advisor about your specific financial situation.