Things to Consider if You’re Having Trouble Paying Rent
Most of us have faced difficult times that make it challenging to meet our financial obligations. Sometimes a loss of income, an unfortunate setback or mismanagement of money puts us in a position where we get behind. Rent is usually our largest single bill and one of the most important since it’s what keeps a roof over our head.
If there are times when you can’t pay our rent or are at-risk of getting behind, there are ways to avoid eviction. Here are a few options to immediately consider:
- Review your rental agreement. You want to make sure that you thoroughly review your rental agreement to see what’s the latest date you can pay your rent without incurring a late fee, what the late fee is and what the next steps are if you’re late on your rent.
- Borrow money from someone in your support network. Is there someone that you trust that will let you borrow money to pay toward your rent? Borrowing money can always get a little tricky so make sure that you share with who you are borrowing from what the situation is, how much you need and when you expect to pay it back.
- Speak with your landlord. If you know that you are going to have trouble paying your rent, make sure you contact your landlord. The sooner, the better. Don’t wait until after the rent is due. Explain your situation-make sure you are clear as to why this happened this month and why it will not happen again. You also might want to consider making a partial payment. Your landlord may be willing to work out a timeline for the remainder of money you owe.
- Tap into community resources. It is important to also tap into community resources. Most communities provide temporary rental assistance to low-income households at high risk of homelessness due to a crisis situation. These resources can usually be tapped through your local human services agency.
- Look for more affordable housing options. Depending on the circumstances of your situation, there may be other options to consider like getting a roomate, downsizing or if you are income eligible, accessing low-rent/subsized housing. For more information on low-rent/subsidized housing, check out Choosing a Place to Live in the On Our Own resource group.
- ArtsyChicks Apr 11th
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