What to Do If You Can’t Pay Rent

Missing rent can be stressful, but you’re not alone. Many people face financial struggles at some point in their lives. If you’re worried about making your rent payment, don’t panic—there are steps you can take to help protect yourself, and explore options to get back on track.

Don’t Ignore the Problem
It’s easy to feel overwhelmed and avoid thinking about unpaid rent, but ignoring the issue may only make things worse. Acting quickly can be the best way to prevent late fees, eviction notices, or damage to your credit.
Start by assessing your situation. How much rent are you short? How long will your financial difficulty last? The sooner you have a clear picture, the easier it will be to find solutions. Remember, taking small steps now can make a big difference later.

Talk to Your Landlord
Landlords may appreciate open communication. Reaching out before rent is due shows responsibility and respect, which may make them more willing to work with you. Explain your situation honestly, and ask if they can accommodate you with one of these options:

• Payment plans: Propose splitting your rent into smaller payments spread over the month.
• Late fee waivers: Ask if they’ll reduce or waive penalties for late payment.
• Short-term rent reduction: If your income has dropped, see if they’ll agree to temporarily lower your rent.

Have a plan in mind and show that you’re serious about resolving the issue. Even if they can’t help, starting the conversation shows good faith.

Look at Your Budget
Reviewing your budget might seem obvious, but it can be a powerful way to identify opportunities to save money. Take a close look at where your money is going, and ask yourself what’s truly necessary. Even small changes can add up quickly.
Here are a few ways to make immediate adjustments:

• Cancel or pause non-essential subscriptions, like streaming services or gym memberships.
• Cook meals at home instead of eating out or ordering takeout.
• Postpone unnecessary shopping or entertainment expenses.
   

Find Local Assistance
If you’re still struggling to cover rent, don’t hesitate to seek help from your community. Some organizations may offer support for qualifying renters in financial distress. Look into these resources:

• Rental assistance programs: Over 900 state and local rental assistance programs are available across the U.S. These include Nonprofits, churches and government programs. Learn more about assistance programs.
• Food banks: Reducing your grocery expenses by using food banks can free up money for rent.
• Utility assistance programs: Local organizations may help you cover energy or water bills, giving you extra room in your budget.
• Search online or contact local social service agencies to find programs near you.
   

Consider a Personal Loan
A personal loan could be a short-term solution to cover rent and other essential expenses.
Before applying, ask yourself:

• How much do I need? - Borrow only what’s necessary.
• Can I afford the payments? - Review your budget to make sure you can repay it.
• Is this the right choice? - Understand the loan terms, rates, and fees before committing.

Personify might be able find a loan that fits your needs. If you do not have a loan with us, you can check for loan offers at personifyfinancial.com/apply.

Know Your Rights as a Renter
It’s important to understand your rights as a renter, which vary depending on where you live. For example:
In some states, landlords must give written notice before starting an eviction process.
Some areas have rent relief programs or laws limiting late fees.
Research tenant laws in your state or city to learn what your landlord can and cannot do. Knowing your rights will help you navigate the situation with confidence and avoid unnecessary stress.
 

Make a Plan for the Future
If paying rent is a struggle now, it’s a sign that your budget might need some adjustments going forward. Once you’re back on track, work on building an emergency fund.
Start small - saving even $10 or $20 a week adds up over time. Having a financial cushion can help you handle unexpected expenses without falling behind again.
Additionally, consider reviewing your monthly expenses and looking for ways to reduce them permanently. Planning ahead can help you feel more in control of your finances and prevent future stress.

Final Thoughts
Falling behind on rent can feel overwhelming, but you’re not alone, and there are solutions. Acting quickly, asking for help, and exploring all your options, can help get you through this tough time.