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Rent Assistance

Many tenants and prospective renters need rent assistance to be able to afford a decent place to live. While it’s possible to obtain rent assistance from nonprofit agencies and governmental entities, the competition for this type of financial assistance is fierce. But savvy renters are willing to think outside the box. In many cases, LoanNow can provide the rent assistance needed to get you into that great apartment.

rent assistance Nonprofit Rent Assistance

Applying for rent assistance from nonprofit agencies is lengthy and tedious as well as competitive. Applicants must often provide detailed personal and financial information including tax returns, bank account statements and pay stubs.  Even then, the answer is often “no.” Even when applicants are successful, they can wait weeks, or even months, to receive the money they’ve been awarded.

This lengthy, demanding process is challenging enough for people seeking apartments. But individuals and households facing the prospect of eviction often cannot afford to wait weeks, let alone months for nonprofit rent assistance. Bank loans are usually not an option, either.  Unfortunately, they frequently turn to less than desirable options out of sheer desperation – like pawn shops and payday lenders.

The High Cost of Fast Cash

Payday loan stores provide money immediately; online payday lenders usually process approved loan applications overnight. But payday loans carry unrealistically short repayment periods – sometimes as short as a few days. Borrowers who are unable to repay their loans in full are caught in the payday loan trap of rollovers and partial payments that transform a small loan into a huge debt after only a few rollover cycles.Line of Credit

Pawn shops lend money on the spot with no questions asked. The catch is that pawnbrokers require collateral in the form of valuable personal property such as high end electronics and jewelry, which must be surrendered on the spot.  Pawn shop loans only cover a portion of the value of the property surrendered by borrowers, and require payment in full – with hefty interest charges added – usually within 30 to 60 days. Borrowers who fail to repay their loans forfeit their belongings.

The LoanNow Difference

LoanNow provides rent assistance without the need to jump through hoops and without lengthy waits. Our online-only** loan application provides responses to nearly all applicants within 24 hours.  Our loans carry realistic repayment periods measured in months – not days or weeks. And we never require collateral.  Why not try the better than a bank alternative for rent assistance – LoanNow!

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Why LoanNow

  • 5-Minute Application

    All it takes is a few minutes. We’re fast, easy and headache-free.

  • Fast & Easy Approval

    Get your quick loan approval online. Money in minutes. †

  • Deposit to Your Account

    Funds are deposited fast into your bank account! ‡

How It Works

  • Apply Now

    Complete our easy online application. It takes 5 minutes and there is no paperwork and no faxing required.

  • Get Approved

    You will get a quick loan approval decision. We are a direct lender so there is no long wait for an answer.

  • Get Your Money

    We deposit your money right into your bank account. Your installment loan payments come from the same account - automatic, no hassles.

What We're About

  • "We believe we can change the world by helping people with less than great credit get back on track."

    Miron, The Team

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    Harry, The Team

  • "Our mission is to build the fastest & easiest way to get a loan."

    Jesse, The Team

Grow Your Score

Our personal loans reward you for good behavior instead of trapping you in an endless spiral of interest & penalties. Together, we grow your LoanNow score to unlock better rates.

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* Funds will be distributed via ACH. Most banks will post the funds to your account by the next business day. Subject to underwriting approval.

** Subject to online availability and underwriting may request additional items prior to final approval.

† Loan approvals are subject to underwriting criteria and the approval process may take longer if required items are not able to be verified online or additional items are requested.

‡ Funds will be distributed via ACH. Most banks will post the funds to your account by the next business day. One’s bank will determine when funds are actually available.

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