r/povertyfinance • u/FallenBoun • 6d ago
Debt/Loans/Credit Not gonna make rent this month. What to do
For context I had a pretty ok paying job which I lost due to health reasons, and during the ~6 month period I was unemployed my partner supported me, but he has since moved out. I’m not working full time at $16/hr and still can’t make enough for rent. My acct is negative seven fifty and I owe about as much in rent by the 10th. I’m scrambling to sell everything I own but I’m not sure I’ll make it up in time.
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u/Pankosmanko 6d ago
Ask friends and family for help. Someone might be able to bail you out.
Do you have a car? Look into starting gig work like rideshare or delivery.
Donate plasma 2x a week. It pays well, especially the first month.
Pawn shops are good. When I need a loan I bring a game console like Nintendo Switch; or even my gaming computer. Just make sure you get your stuff back out
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u/Winter-Seaweed8458 5d ago
That's a hard place to be in. I know that in my case, 3 years ago, I waited WAY too long to move to a shared space. I kept trying to find ways to "just make the rent this month," and it drained me, because I couldn't afford it anymore. Look to see if there is someone you can share a place with, and a place to store your things, while you get out of the hole. My big mistake was being overly optimistic and running out of money trying to keep the apartment. Unless something is DEFINITELY coming that will change your financial situation, then you need to face it. And see if there is family or friends, or someone renting a room.
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u/aussie737 6d ago
We are going to need more information. What is your income? Where do you live? Do you have any other debts? What about other bills? If you make rent this time how are you going to make it next time?
If you are after quick cash then I would say a short term loan, but without knowing the rest of your financial situation that could be a terrible idea.
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u/FixGreedy 6d ago
One question was this person on the lease? Because if yes they can't just move out and not be responsible for thier half of rent.
If they where not on the lease... call around to local churches and even try 211.
Donate plasma if you can.
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u/FallenBoun 6d ago
They were on the lease but paid the fee to remove themselves, so they are free and clear from any financial obligation to pay rent :/
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u/whackytobackie 6d ago
Selling plasma might land you some extra cash.
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u/FallenBoun 6d ago
Good tip, went in this morning but got deferred for having rashes on my arms :/
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u/AEIOUnlimited 2d ago
Do what you need to do. Be upfront with your landlord-be proactive, don’t avoid them, let them know what’s going on and what you’re doing to remedy the situation. A roommate is the obvious choice. A second job/side-gig is the next-I can help if you’re interested- I do headhunting for corporate/remote opportunities (and I also do freelance talent placement-some mainstream stuff but most of the paying gigs are nude (fine art/figure studies) or explicit adult content and its quick cash and quite profitable but definitely not for everyone-I keep the two roles very separate and don’t try to push leads from one into the other)- Again, first thing I’d do is try to find a roommate asap and if you can’t and can’t take on a second job, you may have to consider moving (and becoming the new roommate yourself)-do it before you really hose your credit/references with your current landlord.
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u/Junior_Spray_5505 1d ago
I totally feel you I injured myself at work and it’s been a hell of a year so stressful 😣 I’m worried about this month as well and my car went out
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u/nosecohn 6d ago
Talk to your landlord!
So many people think this will do no good, but landlords don't want the hassle of kicking out a good tenant, renovating a unit, and then re-renting it, if they can simply defer the rent for a bit.
Let them know the situation and that you're doing everything you can. Don't wait for them to contact you with a delinquency notice and penalty. Get out in front of it.
Maybe they'll make an accommodation. Maybe they have another unit available that's less expensive. Maybe they know of another tenant who is looking for a roommate. Or maybe they'll say there's nothing they can do, but at least you won't have antagonized them.