Rent Arrears Loan

Need to borrow money to pay rent arrears? A short-term loan could help you get back on top of your finances. At Sunshine Loans, we know that keeping up with rent isn’t always easy, especially when unexpected bills crop up. If you’re faced with choosing between covering household bills or paying rent on time, borrowing a small amount of money may help you avoid having to make such an impossible decision.

Taking out a loan to pay rent isn’t an ideal scenario, but most landlords and property managers won’t be willing to wait until your next payday. If you’re running low on cash, a rent arrears loan will take the pressure off your finances so you can keep a roof over your head.

Falling behind on rent can be extremely stressful, but help is available. Learn more about how to take out a loan to pay rent below.

What is a rent arrears loan?

A rent arrears loan is essentially the same thing as a personal loan. Most personal loans are what’s known as unsecured, which means they’re not backed by collateral like a car or house. If you need a small amount of money to pay back any rent you owe, this type of loan may be exactly what you need to recover your financial security. Our personal loans don’t come with any hidden fees or charges, so you’ll know exactly how much you’re borrowing.

Sunshine Loans lends small amounts ranging from $150 to $2,000. Our repayment terms generally run for 9 weeks, although this can vary depending on the amount you’ve borrowed and your unique circumstances. Lending short-term loans allows us to approve applicants extremely quickly, so you can get your rent paid and stop stressing sooner.

How to Apply for a Rent Arrears Loan

You can apply online for a rent arrears loan with us. If your property manager is running out of patience, we understand how crucial it is to get your rent paid off quickly. Our application process takes just a few minutes to complete and if you submit your application online during normal business hours, we may be able to get your money to you that same day (conditions apply).

Our expert team will assess your loan assisted by our custom-built analytical tools to make the process even faster. As soon as your application has been approved, we’ll transfer the money directly to your bank account.

Stop worrying about how you’re going to cover rent and apply online with Sunshine Loans.