Need $650 for rent on the first (Richmond, KY)

Loan for Rent Community Forum Help with rent Need $650 for rent on the first (Richmond, KY)

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  • #2763
    Administrator
    Keymaster

    (Request received from Joey in Richmond, KY) i am a single mother with a two yr old who has lost my job but will be starting a new one in a couple of days and i desperately need 650 for my rent on the first. also as of the first my apartment building will be taken over by new owner. im so scared ive never been in this type od situation and dont know what to do

    #2764
    Kenneth Long
    Keymaster

    Joey, it may be wise to discuss your new job with the new landlord. If you let them know the date of your next paycheck, it may be possible to avoid any serious problems. Landlords don’t like to hear about payment delays, but becoming scarce when the rent is late is far worse.

    There are potential options for paying the rent on time.

    1. You could borrow the money from your bank or credit union. An unsecured loan may be possible if you have a good banking relationship. Park Community Credit Union is one nonprofit lending option.
    2. You could
    3. You could borrow money from family.
    4. You could request a pay advance, though this is usually unwise with a new employer.
    5. You could access grant funding through one of the Richmond rental assistance agencies.
    6. You could apply through a peer lender.

    You can evaluate the options and choose based on what is best for your situation. Your income will dictate if you qualify for grant-based aid. Your credit rating could affect your ability to obtain loans.

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