Eviction can be stressful and can come with long-term lasting impacts. The good news is that there are options out there that could make it easy to get emergency cash to avoid eviction. If you are close to getting evicted or even simply missed a rent payment, don’t panic! Below you will find more information on the different resources available–from assistance programs to emergency loan options for those who are facing eviction.
Assistance Programs for Emergency Cash to Avoid Eviction
When you are having trouble paying your rent, there are non-profits and government assistance programs out there that may be able to help. Here are a few examples:
Temporary Assistance for Needy Families (TANF)
TANF is a federal program that can help needy / low-income families pay for all kinds of essentials, including help with rent, or help with mortgage payments.
The U.S Department of Housing and Urban Development (HUD)
HUD has several programs that can help when facing eviction.
This program can help people pay for their utility bills. The Low Income Home Energy Assistance Program (LIHEAP) helps keep families safe and healthy through initiatives that assist families with energy costs.
These can help extend the eviction process, giving you more time to find resources. Keep in mind this may mean back rent.
State and Local Rental Assistance Programs
Most states have rental assistance programs that can help you make rent payments. Your local social service office or local government agencies may be able to help connect you, or you can search for them online on your own.
Habitat for Humanity
A non-profit organization, they can help low-income families find affordable housing and provide other resources.
The United Way
The United Way fights for the health, education, and financial stability of every person in every community.
The Salvation Army
The salvation army is a huge non-profit that operates all across the country. Along with help for moving they also can provide financial rent assistance to those facing homelessness.
USDA Rural Development
This federal program helps rural communities facing housing issues. And so, if you are living in a rural area get into touch with them.
Eviction Prevention Programs (EPP)
EEP is a federally funded housing assistance program. It is supplemented by local governments, charities as well as local community funds.
Loans for Emergency Cash to Avoid Eviction
Another option to consider for emergency cash are loan options. Below are some loan types to look into:
- Personal Loans— one of the most common loans out there, personal loans can be used for all kinds of expenses. The interest rates and repayment terms can vary. In general, you’ll need to have a good credit score to be eligible. Look to banks, credit unions, or private lenders to find a personal loan.
- Credit Cards — credit cards can be used for a variety of different expenses. However, just like personal loans, you need to have good credit for eligibility.
- Payday Loans —payday loans are secured with the borrower’s paycheck. In general, these short-term loans work well for those who are looking to borrow a relatively small amount of funds, and for those who have less than perfect credit.
- Title Loans— Title loans are secured by the borrower’s vehicle. The lending process for these loans is extremely simple, and in-turn funding could be made available on the same day. With title loans, it is important to look at several lenders before making a decision.
When looking for title loans, start with the experts at Max Cash® Title Loans. We are the #1 nationwide online title loan marketplace. All of the lenders that we work with offer competitive interest rates, flexibility, and low monthly payments.4 And once approved for the funds, cash can be made available in as little as 24 hours, so you can make those rental payments as soon as possible.1 2
Getting started with applying is easy too. Below you will find more information on that process.
What is Necessary to Apply for an Auto Title Loan for Emergency Cash to Avoid Eviction?
To apply for an auto title loan, you will need to provide us at Max Cash Title Loans with some basic information about you and your vehicle to help us determine if you look like a good candidate for an auto title loan.
Some lenders may ask for additional information while you are in the loan process. Here are the basics:
- Government-issued photo ID (such as your driver’s license)
- Social Security card (also a document that has both your name and Social Security Number will do)
- Proof of income (such as a pay stub)
- Proof of residence
- 3 references (personal and/or professional)
- Free and Clean vehicle title
- Pictures of your vehicle (include all 4 sides, odometer, and VIN)
- Vehicle insurance
What Will the Application Process Look Like when Working with Us?
No matter what kinds of emergency rental expenses may come up, our team is ready to help connect you with fast cash.
Here is what the process will look like when working with our team and network of title loan lenders:
• Apply—the first step is going to be to reach out to us! You can head to our website to fill out an online application, or give us a call, our phone number is 855-561-5626.
• Discuss Details—once you submit an application, a loan agent will reach out to you. Then you’ll discuss details and can ask any questions that you may have.
• Learn About Eligibility—after a lender is found, move forward and apply with them, they’ll then let you know whether or not you are eligible.
• Once Approved, Get the Emergency Funds—once approved for the title loan, you could have the funds in as little as 24 hours!1 2 Receive them via check, direct deposit, or pick them up at any local MoneyGram!1 2
And so, as you can see the process is extremely simple!
Apply for the emergency assistance you need!
Tips for Eviction Prevention
There are many ways that eviction can be prevented, here are a few things to consider after getting back on your feet:
- Building a solid savings account (at least 3 month’s rent)
- Being open and honest with your landlord
- Budgeting monthly expenses to avoid overspending.
- Finally, relocating based on your income level.