Can I get a loan just to cover the moving company's deposit?

Yes. You can apply for a loan that covers only the deposit or the entire estimated cost of the move. Since it's a personal loan, you have the flexibility to use the funds as needed for any moving-related expense. Many people choose to finance the full amount to keep their cash free for other needs.

How much should I borrow to pay for professional movers?

Aim to borrow the amount quoted in your binding estimate, plus a 10-15% buffer. This covers the final cost, potential tips for the moving crew, and any last-minute packing supplies. It's better to have a little extra than to come up short on moving day.

Is it better to use a loan or a credit card to hire movers?

A personal loan typically offers a lower, fixed interest rate and a set repayment schedule, which is great for large, planned expenses. A credit card is convenient but can have high, variable interest rates that make it costly if you can't pay the balance off quickly. For a full-service move, a loan is often the more financially sound choice.

Can I finance a specialty move, like for a piano or hot tub?

Absolutely. Personal loans are ideal for these situations. Specialty movers like piano movers or hot tub movers often have high flat-rate fees. A loan allows you to cover this specific, high-ticket cost without disrupting your personal budget or putting it on a credit card.

Will applying for a moving company loan affect my credit score?

Checking your rate through our platform involves a soft credit inquiry, which does not affect your credit score. If you choose to proceed with a loan offer, the lender will then perform a hard credit inquiry as part of their underwriting process. This may have a small, temporary impact on your score.

How quickly can I get funds to pay my moving company?

Funding times vary by lender, but many partners can deposit funds into your bank account as soon as the next business day after you've been approved and have signed your loan agreement. This speed is crucial for securing a moving date in a competitive market.

Personal Loans for Moving Company Costs

Finance your full-service move and hire professional movers without draining your savings. Get a straightforward loan to cover packing, loading, and transportation.

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Hiring professional movers feels out of reach.

The quotes for a full-service move are much higher than you budgeted for.
A moving company loan lets you bridge the gap, breaking the cost into manageable monthly payments so you can afford the professional help you need.
You need to pay a large deposit upfront, but your cash is tied up in your new home's security deposit.
Our lending partners can fund your loan quickly, often by the next business day, so you can secure your moving date without delay.
You're worried about hidden fees or the final bill being more than the estimate.
A personal loan gives you a fixed amount of cash, empowering you to cover the full, final cost and negotiate clearly with the moving company.
Putting the entire move on a credit card means high interest if you can't pay it off immediately.
Personal loans often have lower, fixed interest rates and predictable monthly payments, making your total cost more affordable than revolving credit.

Finance Your Move the Smart Way

The sticker shock from a professional moving service estimate is real. Whether you're moving out of state or just across town, the cost of hiring packers and movers can quickly add up, creating a significant financial hurdle. A personal loan designed for moving company costs provides a direct solution. Instead of compromising on a DIY move that risks your valuables and your back, you get the capital you need to hire insured, experienced professionals.

This isn't about taking on unnecessary debt; it's about investing in a smooth, secure, and stress-free transition. By financing the cost, you preserve your savings for other essential relocation expenses and turn a daunting upfront payment into a predictable, fixed monthly amount that fits your budget.

Get a Clear Quote for Your Move

Knowing your loan options helps you budget. Check your rate in minutes without impacting your credit score.

See Your Loan Options

How a Loan for Moving Services Works

A loan to pay for a moving company is a type of unsecured personal loan. This means you don't need to put up any collateral, like a car or house. If your application is approved, the funds are deposited directly into your bank account. You then have the freedom to pay any moving company you choose, whether it's for a local move, a long-distance relocation, or a company that specializes in moving delicate items like pianos or pool tables.

The process is designed for speed and simplicity. You apply for a specific amount based on your moving service estimate, and if approved, you receive a lump sum. You'll repay the loan over a set period (the term) with fixed monthly payments at a fixed interest rate. This predictability is a major advantage over credit cards, where fluctuating interest rates and minimum payments can make it hard to budget effectively.

Your Path to a Stress-Free Move

1
Enter Your Loan Amount
Tell us how much your moving company quoted. Our simple form takes about two minutes and won't impact your credit score.
2
Compare Your Offers
If eligible, you'll see real rates and terms from our network of lenders. Choose the loan that best fits your budget.
3
Get Funded & Book Your Movers
Once you accept an offer and are approved, funds are typically deposited within 1-2 business days. You can then pay your moving company's deposit and secure your date.

Breaking Down the Cost of a Professional Move

Local Move (2-Bedroom Apartment) 3 movers @ $150/hr for 6 hrs	$2,700
Long-Distance Move (1,000 miles) Average based on 5,000 lbs weight	$4,500 - $7,000
Full Packing Services Add-on Includes materials and labor	$500 - $1,500
Specialty Item Fee (e.g., Piano) Varies by item and difficulty	$400 - $1,000

Estimated monthly

~$173/mo

Based on a $5,000 loan with a 3-year term at 15% APR. Your actual rate will vary.

The final cost of your move depends heavily on distance, the total weight of your belongings, the time of year, and any add-on services like packing or storage. Always get a 'binding estimate' or 'binding not-to-exceed estimate' from potential movers. Unlike a simple quote, this provides a guaranteed price. A moving company cost calculator can give you a ballpark figure, but only a formal estimate will tell you exactly how much you need to finance.

Loan amount: $2,000 – $10,000
APR: 7.99% – 35.99%
Term: 24 mo – 60 mo

Your actual APR depends on credit score, requested loan amount, loan term, and credit history. Not all applicants will qualify for the lowest rate. Loan funding requires verification of identity and income, and final approval from the lender.

See the exact terms you could get.

Check Your Personalized Rate

Financing Your Movers: Personal Loan vs. Alternatives

	Personal Loan for Movers	Credit Cards	Moving Company Financing
Interest Rates	Fixed, often lower (8-35.99%)	Variable, often higher (20-30%)	Varies widely, can be high
Payment Structure	Fixed monthly payments	Variable minimum payments	Often built into moving cost
Choice of Mover	Use with any company	Accepted by most movers	Only for that specific company
Best For	Predictable budgeting for a large, planned expense.	Smaller moving costs or if you can pay it off quickly.	Convenience, if the terms are competitive.

A personal loan provides the ultimate combination of flexibility and predictability. You are not tied to a single moving company's financing program, allowing you to shop around for the best moving service at the best price. The fixed payments ensure that your budget remains stable throughout the repayment period, protecting you from the interest rate hikes common with credit cards.

What Lenders Typically Look For

Credit Score: Most lenders look for a score of 600 or higher. Applicants with scores above 680 are more likely to receive the most competitive rates.
Verifiable Income: You'll need to show a steady source of income through documents like pay stubs, bank statements, or tax returns to prove you can repay the loan.
Debt-to-Income (DTI) Ratio: Lenders check that your existing monthly debt payments aren't too high compared to your gross monthly income. A lower DTI ratio is preferred.
U.S. Citizenship or Residency: Applicants must be at least 18 years old and a U.S. citizen, permanent resident, or long-term visa holder.
Valid Bank Account: A checking account in your name is required for the lender to deposit your funds and for you to make automated payments.

If your credit profile is on the borderline, you can strengthen your application by checking your credit report for errors, paying down credit card balances to lower your DTI, or ensuring all your income is documented.

Avoid These Common Mistakes When Financing Movers

Underestimating Costs: Always get a binding estimate, not just a quote. Use your loan to cover that amount plus a small 10% buffer for unexpected needs like tips or extra packing materials.
Ignoring the Fine Print: Read your moving company's contract and your loan agreement. Understand the terms for liability, delivery windows, and loan repayment.
Choosing the First Mover You Find: Shop around. Get at least three quotes from reputable, insured moving companies. A personal loan gives you the freedom to choose the best value.
Waiting Until the Last Minute: Secure your financing a few weeks in advance. This gives you time to get funded and book your preferred moving company, especially during peak season.

Example scenario

I was overwhelmed by the upfront cost of a cross-country move. Getting a personal loan let me hire a fantastic full-service company. They handled everything, and the fixed monthly payment was much easier to manage than a huge credit card bill.

Alex R.·Relocated from Chicago to Austin

Frequently Asked Questions About Loans for Moving Companies

Can I get a loan just to cover the moving company's deposit?
Yes. You can apply for a loan that covers only the deposit or the entire estimated cost of the move. Since it's a personal loan, you have the flexibility to use the funds as needed for any moving-related expense. Many people choose to finance the full amount to keep their cash free for other needs.
How much should I borrow to pay for professional movers?
Aim to borrow the amount quoted in your binding estimate, plus a 10-15% buffer. This covers the final cost, potential tips for the moving crew, and any last-minute packing supplies. It's better to have a little extra than to come up short on moving day.
Is it better to use a loan or a credit card to hire movers?
A personal loan typically offers a lower, fixed interest rate and a set repayment schedule, which is great for large, planned expenses. A credit card is convenient but can have high, variable interest rates that make it costly if you can't pay the balance off quickly. For a full-service move, a loan is often the more financially sound choice.
Can I finance a specialty move, like for a piano or hot tub?
Absolutely. Personal loans are ideal for these situations. Specialty movers like piano movers or hot tub movers often have high flat-rate fees. A loan allows you to cover this specific, high-ticket cost without disrupting your personal budget or putting it on a credit card.
Will applying for a moving company loan affect my credit score?
Checking your rate through our platform involves a soft credit inquiry, which does not affect your credit score. If you choose to proceed with a loan offer, the lender will then perform a hard credit inquiry as part of their underwriting process. This may have a small, temporary impact on your score.
How quickly can I get funds to pay my moving company?
Funding times vary by lender, but many partners can deposit funds into your bank account as soon as the next business day after you've been approved and have signed your loan agreement. This speed is crucial for securing a moving date in a competitive market.

Ready to Book Your Movers with Confidence?

Don't let upfront costs delay your plans. See your personalized loan options in just a few minutes.

Check Your Rate Now

Personal loan disclosure

Money Savvy is not a lender. We are a marketing service that connects consumers with participating lenders. Rates, amounts, and terms vary by lender, your credit history, and other factors.

Loan amounts: $1,000 – $100,000
Repayment terms: 3 – 84 months
Min APR: 5.99%
Max APR: 35.99%
Origination fees: 0% – 10% of the loan amount
Late fees: May apply; vary by lender

Representative example: A $10,000 loan with a 36-month term at an 18.99% APR would have an approximate monthly payment of $366.39 and a total cost of $13,190.04, including interest and a $500 origination fee.

Your actual APR depends on your credit score, income, and other factors. Only borrow what you can afford to repay.

California residents: California Financing Law disclosures available upon request.