How You Can Get A Rental Loan Using Your Paycheck
When it comes to getting a rental loan, whether you are a first-time renter or you’ve done it before, there might be things you need help dealing with. Just remember, emergencies don’t stop just because you are moving into your new rental. This means you need to know what options are available to you in Louisiana. The good thing is you can use your paycheck to get the loan you need! Keep reading to learn how!
What Does Renting In Louisiana Look Like?
When it comes to renting in Louisiana, your prices can vary greatly depending on what city you are looking in. For example, if you are looking to move to Alexandria, you can expect the renting costs to be around $1,148 for a one-bedroom and around $1,522 for a two-bedroom. If you were to go to a bigger city like New Orleans, you should expect a one-bedroom to be around $1,655 and a two-bedroom to be around $2,175. These are just some numbers to keep in mind about renting here.
How Does A Rental Loan Help?
Even if you feel you can handle this rent, any number of issues can occur that could make paying for rent difficult. You could end up with medical bills, need emergency repairs on your vehicle, or need to travel for a family emergency. A rental loan can be beneficial for several reasons. If you’re dealing with expensive bills where you just need a little extra to cover your costs, then a loan through your paycheck – or a Louisiana payday loan – could help if you come to see us at Cash Cow.
Why Are Payday Loans An Option?
When it comes to getting a rental loan using your paycheck, one option you have is a payday loan. We here at Cash Cow offer payday loans from $100 to $300 that you can get as soon as the same day you apply if you are approved. What is a payday loan exactly? Well, think of it as an advance on your paycheck. This loan helps bridge the gap between pay periods when you need quick cash to help you deal with an emergency that needs your immediate attention.
Your payday loan is usually due when you receive your next paycheck, so you have some time to plan out your expenses. Individual terms may vary depending on a number of circumstances, but you can always contact our store to review the terms and conditions of your loan. Good credit also isn’t necessary for payday loans; in fact, we don’t report your loan to any credit bureaus – meaning your loan won’t impact your credit at all.
What Do We Need To See?
If you’ve had trouble getting loans before, then our loans might be able to help you out. Of course, consider all of your options, both borrowing and non-borrowing, before choosing one and making sure to stick to the repayment schedule outlined in your agreement. But if you do decide to get a payday loan, there are a short list of required items we need. We require the following items if you want to take out one of our loans:
- Your driver’s license or a state-issued photo ID.
- Your most recent pay stub from work.
- A blank check from your active checking account.
These items help to verify your identity and allow us to determine if you qualify for approval. Your most recent pay stub is used to determine your income and help us assess the amount we could lend you. Without these items, we won’t be able to verify that you are a legal adult and that your finances can handle this loan. Basically, we won’t be able to get you through the process if you don’t have all three of these items.
How Our Process Works
Getting connected with your nearest Cash Cow is easy. You can either contact a nearby store directly from the locations page or use the quick cash request form to have the nearest location give you a call. Either way, we will help you set up an appointment for you to come in with your required items. When you arrive we will assess your items and determine if you qualify. If approved, you can get the money either on the same day or the next bank business day.
Complete Our Online Form To Get Your Loan Today!
If you need to apply for a rental loan this month, Cash Cow can help you out with a short-term loan to cover your expenses. Whether it’s a sudden hike in rent or something else that’s left you unable to handle unplanned costs, you can access up to $300 as soon as today when you apply with us. Just give us a call or fill out the online form, and you’ll quickly be connected with a trusted representative to explain the process and everything 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.