Consider an Express Loan for Moving Expenses

Moving to a new home can be exciting when you have the opportunity for a fresh start in a new space. But behind the excitement can be another reality – moving can be an expensive endeavor. From packing supplies to professional movers, to temporary accommodation and unexpected fees, the costs can quickly add up, which can catch even the most prepared mover off-guard. However, there are several ways to relieve some of the financial pressure, including personal loans for moving expenses.

Keep reading to learn more about the factors that contribute to the expense of moving. Plus, discover how an Academy Bank Express Loan for moving expenses could be the right solution for you.

What Makes Moving So Expensive?

Unfortunately, lots of smaller expenses that may not be so bad on their own can quickly add up when it comes to moving. First, there are the packing supplies to consider. Beyond just cardboard boxes, necessities like bubble wrap, packing tape, and protective covers for furniture are essential for ensuring your belongings arrive safely at your new home.

And while some may opt for a DIY approach to save money, hiring professional movers is often more efficient and less stressful. However, their services come at a price, with charges based on factors such as the distance of the move, household size, and any additional services like packing and unpacking.

Transportation and logistics can also be expensive, especially for long-distance moves. Renting a moving truck or hiring a shipping company for transportation can eat into your budget, alongside fuel, tolls, and other travel expenses. And you may need temporary accommodation during the transition period between leaving your current home and moving into the new one. Whether it's a hotel room, short-term rental, or staying with friends or family, these accommodations bring their own set of expenses that can strain your budget.

Unexpected fees can – and will – arise as well, such storage fees due to delays in the move, or even unforeseen repairs or upgrades needed in the new home. These unexpected costs can catch you off guard and further inflate the overall expense of moving.

Why Consider a Personal Loan for Moving Expenses

If you’re feeling the pinch when it comes to your finances during your moving journey, a personal loan could be a good idea for you. Personal loans are a popular type of loan due to their versatility.

Unlike specialized loans tied to specific purchases, like auto loans or home improvement loans, personal loans offer flexibility in how you can use the funds. Which means you can use the loan to pay for your moving expenses, from hiring movers to purchasing packing supplies, and more. A personal loan provides the financial flexibility to address various moving costs.

One major benefit of personal loans is that they typically come with competitive interest rates, especially for borrowers with good credit scores. This can translate to lower borrowing costs compared to using credit cards or other high-interest financing options to cover moving expenses. By securing a personal loan with a favorable interest rate, you can save money on interest charges over the life of the loan. And this means you could reduce the overall cost of your move.

Benefits of an Academy Bank Express Loan

Gone are the days of resorting to high-interest payday lenders with predatory lending practices. With the Academy Bank Express Loan, you can get the money you need without worrying about high interest rates or sneaky fees. It's a safe way to get fast funding and handle unexpected costs without any stress.

The benefits of the Academy Bank Express Loan are numerous. Not only does it provide quick access to funds, but it also offers loan amounts ranging from $250 to $15,000, so you can choose the right amount for you. Even if your credit score isn't great, Academy Bank will still consider giving you a loan.

Our Express Loan serves as a great alternative to high-interest, short-term lenders like payday lenders. With fixed terms and monthly payments, you can easily incorporate your loan repayments into your budget, avoiding the cycle of debt that often accompanies payday loans. Plus, automated payments ensure that you’ll never miss a payment, providing convenience and peace of mind.

To access the Academy Bank Express Loan, existing customers can apply online and receive approval status quickly. Once approved, your funds will be accessible within minutes. Keep in mind that direct deposit is required for this loan. There is also an origination fee of 10% of the loan amount or $100 – whichever is less.

Get Your Express Loan for Moving with Academy Bank

Ready to get the funding you need for your big move?

Existing customers can apply online in just minutes. We invite new customers to visit your nearest Academy Bank branch location.

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Subject to credit approval. Restrictions Apply. Direct deposit relationship required. Origination fee, 10% or $100 whichever is less. Annual Percentage Rate (APR) is based on credit score. Only one personal loan allowed to any borrower at any time. Loan terms are based on the loan amount.