Which Personal Loan Should You Use For Your Richmond, British Columbia Move?

Let’s face it, in today’s economy moving is often more expensive than staying in one place. There are various expenses that come with moving such as moving truck rentals in Richmond, move-out cleaning, supplies, and more. There are deposits that must be paid in your new home and the cost of starting new services among other incidentals. Unless you have been saving up for a while, chances are the cost of moving to Richmond will put a serious dent in your savings. Thankfully, there are some great personal loans that can help you relocate without breaking the bank.

Mogo personal loans in Richmond

Mogo is a very popular app that is most known for Bitcoin trades. In addition to cryptocurrency, it can also be used to secure a personal loan up to a maximum of $35,000. Applying for a loan is simple, and it won’t even result in a hard pull on your credit report. The money that you are awarded can be used to make home improvements, pay down credit cards, or even finance your Richmond relocation dreams. Pair this loan with an affordable U-Haul box moving truck rentals in Richmond and you can end up saving more than you realize on your upcoming move. The interest rates vary based on personal factors but range from 5% up to 48%. Make sure that you read the terms and conditions prior to accepting any loan.

Easyfinancial personal loans

Those who have no credit history or very little credit history in Canada may find that securing a personal loan is rather difficult. This company offers secured and unsecured loans that can be used for relocation costs. Unsecured loans are capped at $15,000, which in most cases is enough to cover the cost of moving with quite a bit left over. If you choose the DIY route of renting a budget box truck rental for moving and handling the packing on your own, this personal loan option can really be a lifeline. There are a few different repayment timelines available ranging from nine months up to five years. The interest rate is rather high at 30%, but for short-term moving expense coverage, it may be worth the higher fees. In order to qualify you must earn more than $1,200 per month and have worked in the same place for at least six consecutive months.

LoanConnect personal relocation loans

Those looking to find the best deal from one place will be able to connect with lenders through LoanConnect. This is a search engine that will allow you to input your information and find a personal loan that meets your needs. Similar to our moving truck rental search feature, LoanConnect will match you with a lender ready to loan you money at the rate you desire. You just need to let them know how much you want to borrow when you need itby and your employment information to get started. There are various rates available that will differ from one lender to the next. Even those with poor credit can secure a relocation loan to cover short-term expenses. You can even use the money to secure moving truck rentals in Richmond for your relocation projects.

Money Mart personal loans for relocation to Richmond

Money Mart has been around for just over 40 years. This financial services provider offers payroll services, personal loans, and more. They usually will issue approvals within 24 hours and often make a deposit within two hours of the loan approval. The great thing about this company is that there are several options for receiving your funds. They also offer cash advance services, which are separate from their personal loan services. The majority of their repayment terms fall within two months, and they have a rather moderate cap on how much customers can borrow.

The benefits of using a personal loan to pay for relocation

Moving is never easy or cheap, no matter how much you save on moving truck rentals in Richmond. Even getting great deals on packing supplies and waiting until the off-season to relocate can only help you save so much. To make the most of your moving budget, consider getting a personal loan to cover the expenses. This will free up your cash flow so that you have more freedom to get things done once you relocate to Richmond.