Yes, you can learn how to get rent money fast by reading this article!
It reveals a lot of very helpful tips and guide to getting rent money very quickly that can work for everyone.
Table of Contents
Importance
It just seems like you’ve got done paying the rent and now it is coming due again in a couple of weeks.
It doesn’t look promising to get that money scraped together to satisfy the landlord.
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If it’s any consolation, you’re not alone in struggling to keep a roof over your head.
In fact, it has been reported that 10.7 million renters are not only struggling to pay the current month’s rent but have fallen behind in payments due to the recent pandemic. https //www.cnbc.com/2021/09/22/why-renters-are-struggling-so-much-now-.html
However, you’ve always prided yourself on paying your bill and this coming month is going to be no exception as it relates to getting that rent paid.
So, it’s time to get to work, roll up the sleeves, and explore some ways of generating that extra money to make sure that the rent is paid.
Personal Story
On one occasion, while living in Oregon, my due date to pay the rent came and went without me making any payment.
I informed the management company and of course, they were very kind and understanding, but they said, rules are rules and if the rent is not paid by the 15th of the month then we’re going to have to charge you a fee.
I indicated that I understood.
The individual managing the office that day seem to be more concerned and apologetic about having to ask me for that additional amount.
A few days later, payday came around and I was able to pay my rent and the associated late which was my responsibility.
Lesson learned and I swore to avoid that situation from happening again.
The reality is though that life happens, and we just need to accept that sometimes the money runs out.
Unfortunately, there are consequences.
This was some years ago and if I had to do it all over again I certainly would have hustled a little bit more in trying to scrape together the rent payment.
20 Best Ways & Tips to Get Rent Money Fast
1. Why Important
One of the basics of life is to ensure that you have clothing to wear, food to eat, and a roof over your head.
Sometimes, things happen, and the money becomes tight for a variety of reasons.
Therefore, it is important to do what you can do in order to meet the rental payment.
The primary reason would be to have a roof over your head.
But other factors come into play.
Those factors include a late fee assessment which exacerbates the problem of not having enough money, to begin with.
2. Donating Plasma
An individual can literally give their blood in exchange for money.
Through the donation of plasma, and as a first-time donor, you can potentially earn up to $1100 for the first month.
This is due to the fact that plasma can be donated more often than actually donating whole blood.
According to the American Red Cross, they indicate that plasma can be given every two days and up to 13 times a year.
Additionally, the more you weigh, the more plasma you can give.
Atypical plasma donor is between the ages of 18 and 65 and must weigh at least 110 pounds.
3. Local Charities
Often, within the community, there are local not-for-profit’s who have within their budget monies that can help individuals with their household expenses.
Some of those household expenses could be helping with utilities or rental assistance.
To find out if there are charities that may consider offering rental assistance, you can contact your local United Way or dial 211, a help number common in most communities, to find out what charities, if any, will help with rental assistance.
4. Payday Advance
There are many companies out there that will provide a payday loan.
This requires that you take a check stub and other documentation to show that you have income coming into the household.
The payday loan company will advance you, typically, that loan amount until payday when you have to pay back the loan.
The only issue or problem with a payday loan is that there are exorbitant interest rates and if you’re not able to pay back the loan those interest rates accumulate and get to be pretty significant as it relates to what is owed.
5. Pawn
If an individual is trying to get together the money for the rent, there’s always the possibility of pawning something that you own.
It means taking a television set, laptop not being used, gold jewelry, etc., and going down to your local pawnshop.
The pawnshop owner will put an estimate on what you have to provide, the agreed-upon price will be given to you in cash by the pawnbroker and he will hold onto the item as collateral.
After a set period of time, you can always repay the loan, with interest, and regain that item that you had pawned.
Also See: Best Everyday Things You Can Rent Out for Profit
6. Work for Landlord
An option for an individual who is trying to get together their rent is to possibly barter with the landlord.
The barter arrangement with the landlord could be something to the effect of doing something in the apartments or around the complex if they will reduce your rent or take your work in lieu of this month’s rent.
Suggestions could include painting, cleaning the grounds doing some minor repair work, etc.
Related: How Landlords Make Money on Vacation Rental Property.
7. Raise
If an individual has gift cards that they haven’t used, they can also sell these cards and receive cash in exchange.
One platform that offers cash for unused gift cards is Raise.
The individual simply finds their cards.
The cards can be fully charged or can have a small balance on them.
Next, you list the cards, and when the sale or transaction is made you will receive funds through a direct deposit, PayPal, or issuance of a check in the amount.
This is an app-based process and can be downloaded from the App Store or Google Play.
8. Borrow
An option that an individual may have is to tuck their pride away and try to obtain the money needed by borrowing.
You can approach family and friends and let them know about your situation and even what caused the shortfall as far as the rent is concerned.
By being honest and indicating to the family that you will be repaying them, you can hopefully borrow the money that is needed to cover the cost of the rent.
9. Credit Card
If you have a credit card that has a cash advance feature, you can always utilize that card to draw out money to make up any difference in what you have and what you need to pay the rent.
The only problem with using a cash advance is that there is a high percentage of interest associated with the drawing out of that amount plus a fee which adds on to the total amount.
Also, if you don’t pay off that cash advance immediately, the interest rates continue to accrue until the balance of the cash advance is down to zero.
10. UberEats
A driving service that you can register for and if you meet the required criteria you can go to work and deliver food ordered from a customer from their restaurant.
The criteria include the individual having a vehicle, photo ID, driver’s license, proof of insurance, etc.
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UberEats also allows the individual to draw out money a number of times during the course of the day once they have completed a driving task.
UberEats allows you to cash out up to five times a day as long as you have at least a one-dollar balance.
11. Garage Sale
Another option that you have to get quick cash is to go around the house and gather together those items that are no longer needed or haven’t been used in a while.
If you do not have a garage ask a neighbor or friend if they would be willing to allow their garage to be used as a retail facility.
12. Upwork
There are a number of websites that an individual can connect with to do freelance work.
By registering with one such freelance website, Upwork.com, the individual can search for particular opportunities that are options for the individual based on their talent and experience.
Once you have made a proposal to the individual looking to hire a freelancer if the offer is accepted you go to work.
You are able to suggest or submit what you’re willing to work for as it relates to an amount.
If the individual looking to hire you agrees, you go to work.
Once the job is completed and approval is given for the completion successful completion of the project, it generally takes five days for the money to be released.
Following that time period, it then typically takes a couple of days for that money to be deposited in your checking account.
All in, it would take roughly 7 days for the monies to hit your checking account.
13. Title Loan
If you have a car, there are loan companies that will allow you to borrow money up to a certain amount based on your ownership and having the title to your car.
They use that title as collateral.
Additionally, these loans are at a high-interest rate plus associated fees.
Typically, at the end of 30 days, the loan is repaid at the interest rate agreed upon for the loan plus any other additional fees.
The bottom line is title loans can be expensive.
14. Employer
You can always reach out to your place of employment and ask for an advance on your salary.
The only downside is that in the back of your employer’s mind may be a judgment about your finances and whether your financial situation may be a risky one as it relates to the workplace.
Also See: How to Make Money with Goats & How to Make Money With Cattle.
15. Call Creditors
If an individual is in a bind trying to meet their rent payment, a possible solution is to call their creditors and ask if they can skip a payment or delay payment to a later date.
If the credit card company is willing, that would free up some money that you can put towards your rent.
It is important to remember that the payment may be deferred and though you may get a “holiday”, the interest will still be charged.
16. Consignment Shop
Check your local area to see if there are consignment shops in your community.
What you can do is contact these locations and see if they would be willing to pay you for those clothes in your closet that hasn’t been worn for a while.
Generally, a consignment shop will sell the clothes for you and then take a percentage and give you the remainder of the money.
Perhaps, in this case, you just simply ask them if they would give you an evaluation of what the clothes might be worth and pay you.
17. Treasure Hunt
Another option, if an individual is in need of money to pay their rent, is to go on a treasure hunt within their home.
This means that they look for cash that is lying around, hidden, or can be utilized towards the rent payment.
18. Gazelle
Gazelle is a website that will pay you for technology devices that are no longer being utilized by you.
You search online as to what devices they are offering money for, and Gazelle will offer you a price for those items.
If you accept the bid, they send you the packaging materials, and you bundle up the items and mail them off.
Once those items are received by Gazelle, they then will issue payment to you.
19. Lyft
Lyft is a driving service that transports a customer via a personally owned vehicle by the driver.
The driver signs up with Lyft and provides a number of documents and proof that they are able to drive.
Some of those documents would include a valid driver’s license, insurance on the vehicle, registration, a fairly clean writing record, etc.
Once the Lyft driver is approved, they can then can go to work and set their own time and schedule as far as transporting customers.
The beauty of Lyft is that they offer Express Pay which allows for the driver to cash out up to five times a day.
All potential earnings are eligible for this quick payment option which includes ride earnings, tips, and bonuses.
Also, per express pay transaction, there is a $.50 fee.
20. TaskRabbit
TaskRabbit is an app platform in which an individual registers and then searches for odd jobs listed on the App that are in proximity to their home or community.
Through TaskRabbit, an individual might post the need for some boxes to be moved, a garage cleaned, a car washed, etc.
The individual post the tasks that are needed, and that individual and the tasker work out an arrangement and if agreed upon, then the tasker goes to work and gets paid for a job well done.
Also See: How To Live Rent Free & How To Rent-to-Own Your Home
Ways to Get Money for Rent Fast FAQs
Why Are Rent Prices So High?
Rental prices, along with pricing at the supermarket and gasoline pump, is steadily increasing.
The reason is due to the economic inflation that Americans are currently experiencing.
What is driving up the rent prices, along with inflation, is that housing costs are increasing as well which bars some individuals from purchasing homes, and therefore they need to rent a home or apartment.
Consequently, this is in favor of the landlord who can, in keeping with the law, raise the rental rates for their properties.
What Percentage of the American Population Are Considered Renters?
In a recent demographic study, the housing industry saw a decline in homeownership.
The current level of the population that owns their home on hold is estimated to be at 65.4%.
The remaining 36% of American households pay rent to their landlord.
You Can Do It
It’s almost time for your rent to be paid again.
Fortunately, you have a little bit of extra time because of a grace period.
The good thing that you got going for you is that you are responsible and realize that your bills need to be paid.
So rather than sit around and wring your hands, you are going to roll up your sleeves and put your hands and mind to work in order to get together that rent money that is coming due.
Conclusion
There are three basic necessities of our life that comprise the bulk of our budget expenses each month.
Those three major areas are food, clothing, and ensuring that we have a roof over our head.
The reality in life is that it is not a cakewalk and there are times where we all experience challenges.
But these challenges that come into our life are designed to test our mettle.
Remember, “When the going gets tough the tough get going.”
Again, this company has paid $25+ million to members:
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