New Market Opens For Lenders: Americans Struggling To Pay Rent

Loan companies are now marketing loans specifically to renters who need help making ends meet. LifeHacker reports some of these companies cater to upscale apartment dwellers, while others lean toward those in stressful circumstances in more modest homes and lower income brackets. The Wall Street Journal says rising rent is a factor in the new market sector, with median rent in the U.S. reaching an all time-high of $1,006 per month earlier this year.