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Get Loans To Pay Your Rent

Borrow fast cash with Pheabs to help fund rent payments.
Our online application form for a rental loan is easy to complete and does not leave any visible footprint on your credit score!

Can You Take Out A Loan To Pay Rent?

Yes, it is possible to borrow money to pay for rent. If you are worried about paying your rent on time but want to stay in your apartment or home, Pheabs can help you to secure a rent loan by finding you the best rate. We work with a network of over 50 reputable lenders so that we can source the most affordable loans for you.

We understand that not every loan for rent will work for every borrower – and that you may have certain circumstances that have made borrowing more difficult in the past (e.g. a poor credit rating). So if you need a loan to pay for rent, Pheabs will connect you to the lender that is the most likely to approve you – with bad credit considered.

What Are The Ways To Borrow Money To Pay Rent?

Personal Loans

This is an unsecured loan used for personal purchases and expenses. You can borrow $50 to $35,000 with rates starting from 6% for good credit or 36% for bad credit and no collateral needed.

Payday Loans

This is a way to get fast cash, with funding available within 1 to 24 hours and ideal for those with fair or bad credit. However, the rates are high, usually around 200% to 400% APR and may only last 2 to 4 weeks.

Installment Loans

This gives you the flexibility to repay over monthly installments in case you wish spread repayment over a longer period. We have options that range from 1 to 60 months in equal repayments, with installment loans for bad credit available too.

Cash Advances

Get an advance on your rent so you can pay it ASAP and then repay your loan over several weeks and months. This is unsecured and not reliant on any collateral.

What To Consider Before I Apply For A Loan To Pay Rent?

Before you apply for a loan for renters, it is worth considering whether you actually need to borrow money and if you will be able to afford to repay it back once you receive your next paycheck.

It is also worth considering alternative options to a rental loan, such as borrowing money from family or friends or boosting your funds through activities such as selling items that you no longer need. If you still believe that a rental loan is right for you or you need money quick for rent, then Pheabs can help you secure fast cash today.

What Is The Repayment Period On A Rental Loan?

You can repay loans for rent in as little as 2 weeks or as long as 5 years. Repayments depend on whether you opt for a payday loan which may just last a few weeks or months, or an installment loan which can be stretched out to several years.

Payments are made in equal installments and will be automatically withdrawn from your bank account on a date that will be agreed upon with the lender. There is also usually the option to repay back your rental loan early – simply get in touch with the lender to arrange this and check there are no extra charges for doing so.

What Is the Eligibility Criteria to Borrow Money For Rent?

The eligibility criteria to borrow money to pay rent includes:

  • Being at least 18 years of age
  • Being a US resident
  • Having a Driver’s License number or State ID
  • Having a regular income
  • Earning at least $800 each month

The eligibility criteria for a rent loan usually varies depending on the lender you choose. At Pheabs, we will take the time to understand your financial requirements and connect you with the lender most suited to your borrowing needs and to who will be most likely to approve your rental loan application.

We understand that having a bad credit score does not mean that you cannot afford repayments on a rent loan. So we work with lenders who are willing to accept customers from a variety of financial backgrounds.


Can I Borrow A Rent Loan With Bad Credit?

Yes, you can borrow rent loans for bad credit. At Pheabs, we work with reputable lenders who are willing to consider customers with all different types of credit histories, including those with a poor rating. We do not let our customers financial past get in the way of their future borrowing.

Those in need of bad credit rent loans could even potentially increase their credit score through a loan for rent –  however, this is only possible if they keep up with the loan repayments and do not default. Failing to keep up with rental loan repayments could have the opposite effect and damage the credit rating.

Find Loans For Rent Through Pheabs

If you are thinking “i need a loan to pay my rent”, then look no further! At Pheabs, we endeavour to help our customers find affordable loans for rent at the most competitive rates. We are passionate about helping people by meeting their borrowing needs and so offer a simple and easy online application form that can be completed in less than 5 minutes.

Simply select the “Get Started” button to be taken to our online form. Here, you’ll have to provide a few key details and you will receive an instant loan offer once it has been submitted.

Some of the information you will have to provide on the online loan request reform is detailed below:

  • How much you wish to borrow to pay for rent
  • How long you would like to borrow rent money for
  • Your email address
  • Your phone number
  • Your employment status
  • Your Driver’s License number or State ID

Successful applicants will have rent money sent to them within minutes, hours or by the next business day. So why not apply now with Pheabs to get a loan for rent today!

Where Can I Get Rental Loans Near Me?

You can borrow a loan to pay rent in any of the 37 US states where payday loans are legal.

Examples include:

  • Alabama
  • Arizona
  • California
  • Colorado
  • Deleware
  • Florida
  • Georgia
  • Idaho
  • Illinois
  • Indiana
  • Iowa
  • Kansas
  • Kentucky
  • Louisiana
  • Maryland
  • Michigan
  • Mississippi
  • Nebraska
  • Nevada
  • New Jersey
  • Ohio
  • Oregon
  • Tennessee
  • Texas


No, Pheabs does not charge any fees for using our online loan platform. We may just earn a commission from the lender if your application is approved. But you can be rest assured that enquiring through Pheabs is completely free of charge.

Our online loan submission form takes less than 5 minutes to complete, after which you’ll be provided with an instant loan offer on the screen. You can then choose whether or not you would like to go ahead with the loan to pay for rent.

Once your rental loan application is approved, the money could be sent through to your bank account within minutes, hours or by the next business day. So do not worry if you need a quick loan for rent or a rent emergency loan as Pheabs can certainly help you to get money in a hurry!

No, submitting a loan enquiry through Pheabs will not impact your credit score. If you are successful in your loan request and fail to keep up with repayments, then this could potentially have a negative impact on your rating so it’s important to only borrow a loan for rent if you are certain you will be able to repay it back.

Keeping up with loan repayments could even improve your credit score, helping you to build up a good borrowing history which could also help you when applying for future loans.

Yes, if you earn a stable income of around $800 per month then you can borrow money today to pay for rent. Just make sure that you have proof of your income as you may be required to disclose this when applying for your rental loan.