Move in faster with RentAdvance
Powered by Magic Credit, Rented123 RentAdvance helps renters move into their next home faster, build credit, and gain financial confidence — with up to $1,500 in security deposit assistance.
A deposit shouldn't stand between you and home
For many renters, coming up with a security deposit or first month's rent is a major barrier. RentAdvance partners with licensed providers across the country to bridge that gap — so you can secure housing while improving your credit profile.
We're bringing a smarter, simpler, more transparent approach to rental lending — empowering renters who are often overlooked by traditional banks, financial institutions, and payday lenders.
Real help, right when you need it
RentAdvance combines deposit assistance, credit-building cards, and fast approvals in one renter-first program.
Up to $1,500 deposit help
Security Deposit Loan assistance through licensed providers in all provinces, so a deposit or first month's rent doesn't stand between you and your next home.
Credit & debit cards
Approved cards help you establish or rebuild credit — a practical tool for renters often overlooked by traditional banks.
Approvals in minutes
Magic Credit's award-nominated online application can approve many applicants within minutes — not days — with funds transferred to your account or issued as a card.
From application to move-in, in three steps
A streamlined process designed to get you approved and into your home quickly.
Apply online
Complete Magic Credit's simple online application — built to be fast and transparent.
Get approved fast
Many applicants are approved within minutes, with a clear decision and terms.
Move in & build credit
Receive funds or a card, secure your home, and pair it with rent reporting to grow your score.
Turn this moment into lasting credit
Pair RentAdvance with Rented123 GROW™ Membership to build credit while you settle in.
Report rent to the bureaus
With GROW™ Membership, report your rent payments directly to the credit bureaus.
Backdate up to 12 months
Add up to a year of past on-time rent to strengthen your profile from day one.
Turning renters into buyers
Ongoing monthly reporting builds the score you need to move from renting to owning.
Rented123.com (1113369 BC Ltd) operates as a lead provider and does not underwrite or lend any monies directly. RentAdvance is powered by Magic Credit (MagicalCredit.ca). Loan products are offered by licensed third-party providers and subject to their approval and terms. Please seek independent advice.
Ready to move in faster?
Apply for RentAdvance today and bridge the gap to your next home — while building the credit that turns renters into buyers.