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Person who is struggling to pay their electric bill and wondering what she can do for financial relief.

What Happens If You Can't Pay Your Electric Bill and Your Relief Options

When times become challenging financially due to the loss of a job, income, or another major life event, many things can go wrong, exhibiting a domino effect. Sometimes, when these things happen, people cannot recover immediately and get their utilities shut off, such as their electricity, which can further devastate their finances.

When you can't pay your electric bill, you face your electricity being shut off and have to pay reconnection fees. Your credit score can be negatively impacted, and you could face eviction if you rent your home. Luckily, plenty of relief options at can help you avoid the domino effect. 

Although applying for a loan may seem daunting for some, especially when you are already facing financial hardships, Simple Fast Loans makes it easy to get personalized help and take the burden from you so you can focus on avoiding future difficulties while taking back your financial control.

What Happens When You Don't Pay Your Electric Bill?

Many things can happen if you aren't able to pay your electricity bill. The most apparent issue most face is receiving a warning in the mail, sometimes separate from your account, indicating that they're owed the money and must shut off your electricity if you fail to pay. If the warning is not heeded, several unfortunate events can take place afterward, such as: 

  • Your electricity being shut off
  • Having to pay late fees on your next billing cycle
  • Having to pay reconnection fees to reestablish your electricity service
  • Having your account delinquency reported to one of the three major credit bureaus thereby negatively impacts your credit score
  • Being unable to revive negatively impacted credit, thereby losing out on possible loan and credit product options that were once available when credit was healthier
  • Facing eviction (it is illegal to rent and live in a home that has no electricity)

It's distressing when you can't afford your electricity to stay on, along with additional problems such as late fees and points coming off your credit score. Simple Fast Loans offers two types of loans that can help you avoid a cascade of issues that come with electricity shut-offs and positively impact your finances. 

Loans Offered by Simple Fast Loans 

Simple Fast Loans are easy to apply for and can be approved in minutes, so you can get your cash quickly and get back in charge of your finances. In addition, applicants can receive a decision in minutes regarding their loan approval, helping to avoid costly waiting times. 

Loans through us are funded the same business day if applicants submit their applications before 2:00 p.m. Instant funding is also available for those with MasterCard or Visa debit cards. If applications are submitted after 2:00 p.m., loans will be funded by 2:00 p.m. the following business day. 

We require all applications to be done online, not in person or by phone. However, live chat is available during business hours and can help anyone with questions or issues during the loan application process. The company offers two different loans to suit anyone's needs, regardless of the emergency.

Installment Loans

Simple Fast Loans offers installment loans to anyone who meets their loan criteria. These loans are designed to be paid back incrementally, ranging from $200 to $3000. With flexible ways to pay it back, an instant decision, and an easy application process, this loan is perfect for people who have to deal with sudden changes in their finances, like losing their primary source of income.

You don't need perfect credit or a sky-high income to qualify for an installment loan through us. All you need is a driver's license, proof of checking account with a routing number and regular income, a phone number, and a social security number, and you must not identify as an active member of the military nor a dependent of someone on active military duty.

The maximum amount of money applicants can borrow in their state. Before signing your loan agreement, you will be briefed on interest rates and your exact payment schedule if you're offered one.  

Personal Loans

Simple Fast Loans offers a simple and fast application process for personal loans for people who require emergency cash. These loans are given by financial institutions and are paid off in installments over a period of time. These fixed amounts of money can be used for anything and come with established repayment terms.

These loans require no collateral, ranging from $200 to $3000. As with the other loans, decisions are made right away, and all applicants over 18 need to do is give their name, address, active checking account, proof of income, and social security number.

The maximum amount of money you'll qualify for your personal loan depends upon where you live. You can easily apply for a personal loan through Simple Fast Loans online, and live chat is available for anyone who needs quick assistance.


Emergencies and unexpected downfalls happen to us all, even with bills. Despite this, we can prepare ourselves by utilizing the resources available. By understanding the different types of loans, applicants can avoid the stress of late electricity bills. 

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