Getting Utility Disconnection Letters? Borrow Money And Get On Top
If money is so tight you can't pay all of your bills at once and you worry about getting your cable, gas or electricity turned off, than there are a few different ways you can try to get financial help. If you just need a small lump sum of money to get you by so you can catch up on the bills, a small installment loan may be the best option.
It depends how far behind on the bills you are, what you have coming in every week as a regular wage, and if you can borrow enough money to get caught up. Here are a few things to do to start working on getting the money you need fast, and to keep your utilities connected.
Find Installment Loan Lenders
Installment loan lenders will give you a lump sum of money, and you can pay the borrowed money back in a few separate payments when you get paid. You don't have to worry about devoting your entire paycheck to pay back the loan, and you can pay the money back on time without stress. Installment companies often don't require a credit check, but instead they verify your income and set up automatic collection payments through your checking or savings account.
Contact the Utility Companies
Once you have been approved by the installment loan company and you know you're going to be getting money, or once the money is in your account, call the utility companies and set up payments. If you are able to put down a majority of the bill, the company may be able to put the overdue amount on your next bill. This can help you avoid disconnection and disconnection fees. You can also ask to set a payment up for the day the money from the installment loan will go into your account.
Look for Alternative Help
If you are able to borrow money but you aren't able to get enough to cover the expenses, ask the utility companies if they have any programs for low income or assistance. This may be enough to pay off the rest of the bills so you don't fall further behind. The Salvation Army even has a program available you can look into.
If you need to get some money so you don't end up with shut off utilities, then the high cost of reconnecting the services and getting caught up on bills, see if installment loans are right for you. The loan and other assistance can help you get control of your bills.