Loans For Rent
Get Loans For Rent with Dime Alley - Borrow Money To Pay Your Rent Over 1, 3, 6 Months
Dime Alley can help you get a Rental Loan if you don’t have a perfect credit history. Apply Online for a Loan for Rent and secure $600, $800 or $1,500 with 1 to 60 month repayment. Our online application for a Rent Loan is quick, easy and doesn’t leave a footprint on your credit score!
How Does a Rent Loan Work?
Getting a Loan for Rent with Dime Alley is easy thanks to our three-stage process:
Can I Get a Rent Loan For Bad Credit?
Yes, you can apply for a loan for rent with Dime Alley, even with bad credit!
Our trusted panel of lenders lend to borrowers with all kinds of financial records. They aim to provide you with the best available rates to you and help you where they can.
We know that it can be stressful securing a loan when your credit history is imperfect, which is why we consider all applications. We try to make stressful times that bit less daunting.
In fact, if you get a Rent Loan and pay it off according to the terms of your agreement, your credit history could be improved. This can make it easier to secure loans in the future should you need them.
How Much Does a Loan For Rent Cost?
The average American renter pays $1,326 a month. Depending on your credit, we have provided an estimate on what you will pay if you take a loan for the full rental amount and repay 1 year from now.
Good credit: $1,326 Rental Loan, over 12 months, total interest paid $148.00, total $1,474.00, based on a rate of 20%
Fair credit: $1,326 Loan for Rent, repaid over 12 months, total interest paid $272.55, total $1,598.55, based on a rate of 36%
Poor Credit: Borrow $1,326, repaid over 12 months, total interest paid $385.89, total $1,711.89, based on a rate of 50%
Where Can I Get a Rental Loan?
We provide loans in all of the 37 states which approve payday loans. These include California, Texas and Nevada.
In some of the states we operate in, we are limited by legislation on how much we can lend. In some states, the interest on loans are limited, such as in South Dakota.
We don’t operate in the states where payday loans are not authorized, such as New York.
What to Consider Before Applying For a Loan For Renters?
Before applying for a renters loan with Dime Alley, you should consider the following:
- Whether you urgently need the loan, how you will pay it back, and what will happen if you fail to.
- Your credit record will determine the terms you are offered on your loan. The stronger your credit history, the lower interest you are likely to be offered.
- Whether you could seek the funds elsewhere, such as from friends and family.
How Fast Can I Get a Rent Loan?
You could have your rental loan in your account the very same day you apply for it. When we receive your application, we connect it with one of our regulated lenders who we deem a good fit for you. We aim to find you a match within 24 hours.
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Why Should I Get a Loan For Rent with Dime Alley?
At Dime Alley, we understand that falling short on your rental payments can be extremely stressful, especially if you have a landlord who keeps asking for rent and even threatens eviction.
Our loans for rent are available as a short-term fix to help you get through those rental payments until your next paycheck comes in!
Our lenders help borrowers in tricky financial situations, and falling short on rent definitely qualifies. Remember, this is a short-term loan and you can repay in anywhere from 1 to 60 months time.
What People Say About Us
“I need a loan to pay back a friend and it was all very quick and easy to get a couple of hundred bucks which I repaid over a couple of weeks.”
Malik, California, December 2022
“Personal and friendly, they did what they said they would do, I was approved for a loan although I have bad credit. It was just a short term thing, but has helped me and my family.”
Merryl, Texas, September 2021
“Had a good experience and got my loan the next day. I needed it to pay my bills and will consider using it again if I need a loan.”
Darryl, Michigan, February 2023
Frequently Asked Questions
Can I Get a Rental Loan With Bad Credit?
If you have a bad credit score, don’t worry – you can still get a loan for rent!
With Dime Alley, all credit histories are accepted. This means that you should still request a payday loan with us even if you have already been turned down by a bank because of bad credit.
How Much Can I Borrow?
With Dime Alley, you could find payday loans, installment loan or advances ranging from $100 to $35,000 – with the amount you can borrow based on factors like your monthly income, credit status and affordability.
Other things come into play too, including your residence (homeowners are often preferred), age and whether you have any other similar loans open too.
What Is The Repayment Period On My Rent Loan?
Customers can repay over 1 month to 60 months (or equal to 5 years) – this will depend on whether you prefer the payday option which may be just a few weeks or months, or the longer installment option which can be several years to stretch out your repayments.
Payments are usually made in equal monthly installments from the bank account you choose and you always have the option to repay early if you would like to do so.
Am I Charged a Fee For Using Dime Alley?
No! We will never charge fees for using our service.
Instead, we take a fee or commission from the lender if your application is approved and successful. The lenders will charge a daily or monthly interest if your loan is active and this will be presented to you in writing before you proceed.
Can I Get a Loan For Rent With No Credit Checks?
Dime Alley will consider those looking for no credit check loans, but note that a credit check is usually carried out for all customers.
Is Dime Alley a Broker?
Yes! Dime Alley is a broker, meaning that if you’re approved, we don’t provide the funds for your loan directly. Instead, we connect you to a lender best suited to your situation from our trusted panel.
Do not worry though, your information is completely secure and will not be sent or shared with any other companies or third parties and we certainly will not charge you anything for using our service.