Need help with the rent? Rent day is tomorrow and you might find yourself short of the money so you might be considering a rent advance in the form of a quick loan to help you out. We have all been there.
An instant decision is usually possible with these type of advances with an online application which can save you embarrassment and save on late rent payment charges by unscrupulous landlords and letting agents.
You can generally get the money in your account within 1 day through an online application with these types of companies.
The application forms are usually very basic and easy to complete as these companies are able to check your credit profile automatically and quickly through our computer systems via a credit checking company like Experian allowing an instant decision to be made.
There are several types of loan that can help you raise the instant cash you need so that the rent can be paid.
These types of loans are often given a multitude of names such as Crisis Loans or Quick cash loans and there is probably one for you but it’s important that you choose the right one to suit your individual needs.
You need to check the terms and conditions of any loan company that you apply to before you sign on the dotted line.
Dangote advance loans are normally available for both employed and unemployed tenants whether you have a good or bad credit score. In practice the difference is usually in the amount of interest you will be charged and can vary greatly from company to company so it is very important you don’t just go with the first one you find.
If you have really bad credit you might need some sort of security and this can be in the form of a charge on your home or another asset such as your car (commonly called a logbook loan) or it may be possible to get a guarantor for your loan. You need to be careful with loans which are secured on assets because if you fail to repay the loan in the agreed manner then you may end up losing that assert (e.g. your home).
In general whatever your circumstances you will be able find someone who will provide you with the advance you need.
Often the most important thing when you apply for a rent loan is your ability to repay the loan, so be very clear about how much you can afford.
We recommend you check out a few loan companies to see what’s on offer before you decide which one to use and make sure you read ALL the small print before you apply.
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