Apply Now  « Back to blog

Loans to Help with Moving Costs

Summer is the season when people move the most. Whether they are moving into a bigger apartment, a rental home, or for a few, their first home. It can be costly and with everything else you manage, it’s important to have the funds for a stress-free move.

The average cost of moving, according to U.S. News, is about $1,200, and while it may not seem like a lot, it’s easy to see money fly out of your wallet, and before you know it, you’ve got nothing left. After talking to many of our customers, who needed money for moving, our team has compiled a list of common costs and things to look out for.

What moving costs should you prepare for?

Deposits: Whether an apartment or a rental home, the costs of deposits should always be included in moving costs. Deposits will vary, but will be necessary to secure your spot and make the move. This is typically paid up front and can be the biggest part of the move.

Utilities: Some companies may require both deposits or connection fees. Because rates vary from city to city, it’s important to remember that the cost of utilities in your new city could be higher than what you previously paid.

Replacements: Chances are you throw a lot of stuff away, and that’s great. Nothing like starting fresh, but some of those items may need to be replaced. Food for example! That paired with some other necessities for cleaning and bathroom, for example, will all need to be replaced once you are in your new space.

Affordable movers: If you’re out of uncles, neighbors, brothers, cousins, and friends of friends, then you’ll need movers. Look around and find the most affordable movers for what you need. It will cost, but many times they are running specials, or may offer discounts depending on your situation. Never be afraid to ask.

These are just some of the biggest items you’ll need money for. Other costs you’ll need to be aware of include: moving add-ons like assembly/disassembly, packing/moving supplies, insurances and other coverage, and general unexpected things that might occur that you can’t foresee.

Sound stressful? It can be, but rest assured that our team is here to help you when you need it most. Call or visit your local Sun Loan location and let our team of experts help you get the money you need. Once you get an idea of how much the move will cost, let’s join forces to make it a stress free event.