What To Do If You Can't Pay Your Rent

Posted on: 23 June 2016

If you are in a tight spot and are unable to pay your rent on time, you might be worried about getting evicted. It's true that many landlords will evict tenants who do not pay their rent as they are supposed to, but there are a few things that you can do to help keep your home.

Talk to Your Landlord

First of all, even though you might not want to, it is always best to talk to your landlord when you're in this situation. If you ignore your landlord, you can pretty much guarantee that it's going to make the situation that much worse. Some landlords are easier to work with than you might think, so if you talk to your landlord and let him or her know why you are running late on your payment and when you think you will be able to pay it, you may be able to work something out. For example, you may be able to make partial payments to your landlord until you get caught up, or he or she might wait before moving forward with an eviction action if you tell him or her when you will be able to pay.

Consider Taking Out a Payday Loan

One excellent way to get fast cash to pay your rent is to take out a payday loan. These are short-term loans that you typically have to pay back on your very next payday, but if you're looking for the cash to pay your landlord now, they can be a great option. You will generally be required to pay out some type of fee for the service, but it can be worth it so that you can have peace of mind about your rental and so that you can avoid an eviction. Contact a business, such as EZ Check Advance, for more information. 

Sell Your Stuff      

Another good way to get your rent money together is to sell some of your unwanted stuff. For example, you may be able to sell unwanted items at a local pawn shop, or you can list them on your local classifieds to find a buyer. This is a good way to get rid of stuff that you no longer want while gathering up cash to pay your landlord at the same time.

Knowing that you can't pay your rent on time can be extremely stressful. Luckily, following these three tips can help you in this tough and potentially scary situation.