What about me?
By dreamertink
@dfollin (25351)
United States
November 17, 2008 10:58am CST
There are always things I hear about how with this "bailout" money is given to mortgage companies and other financial institutions so that they can give credit to people to buy cars and other stuff.Ok,but what about me and other people that don't own our homes? I have rented places where there was repairs that were needed and the homeowner,my landlord would not (probably couldn't afford) repair and I had to and then did not have enough money to pay the whole rent and got evicted.Therefore that goes against my credit score.But,now because my former landlord is the homeowner she gets assistance and I don't.How fair is that? Now,what do I do? Does anyone agree with this? Is there anyone out there in the same boat?
5 people like this
9 responses
@Polly1 (12645)
• United States
17 Nov 08
I don't get an help from anyone neither. I didn't even get a stimulas check. I am not old enough to get any of my late husbands SS. I am a widow like you, just trying to make it alone. I am so thankful that I do have a home, I just have to keep it. Taxes, insurance, repairs, things like that are high.
1 person likes this
@Polly1 (12645)
• United States
18 Nov 08
I know you guys are having it rough too. I truly do hope things improve for you. I know is tough to have your whole world turned upside down, and then have to worry about how you are going to make it financially too. I am so grateful and thankful that I have a home. It was God's Grace that helped me and my hubby on getting this house. I am so sorry for you, I wish I knew some magic that would help you. Keep your faith, things will improve for you, it will get better. Take care.
1 person likes this
@dfollin (25351)
• United States
17 Nov 08
As I have told you before that Iam sorry about the loss of your husband.I only get the social security because I have a minor child.But,it is not enough and I cannot get other assistance.The government says that I get too much money to get food stamps or medical assistance.The housing list has a very long waiting list and because there is only two of us and no one is listed as handicapped or ill,therefore we gone on the bottom of the list.I cannot get listed as handicapped till my daughter turns 18.
You are lucky to have a house.Iam grateful that I have a room to stay in,but it cost's so much that I cannot save for a car,a computer or a different home.We are still trying to move a bit further out,where it costs less.But,I cannot live and save money to move too.
1 person likes this
@ANTIQUELADY (36440)
• United States
17 Nov 08
it always surprises me when i hear of someone getting help that i don't think deserves it. they have a way of working the system that we don't know & probably wouldn't do if we did. where there is a will there is a way. you will be fine & i plan to be to. what goes around comes around. life is not fair.
@oldboy46 (2129)
• Australia
18 Nov 08
My understanding of the situation is that these bailouots by the government are meant to help the people who really need help, protect bank deposits and stimulate the economy. I know that the United States is very different to Australia when it comes to lending practices. Those lending practices, in many instances, to people who could not afford to repay their loans is what led to the problems in the economy of the United States now. So why is the Government propping up banks and other financial institutions so they can lend more money.
Is there some criteria for potential borrowers? By that does the person have to prove they have the ability to repay their loan after all their other living costs are taken into account. Do the financial institutions have to pay interest to the government and is the money a loan or grant? The financial institutions will be making money out of these loans the borrowers get, so they should not be able to keep taxpayers money.
With regard to your own personal credit score, I think you should be able to explain the sitaution and have it lifted. I would check the situation out and although you cannot do anything about the eviction from the rental proeprty, there should be some way that negative credit rating can be removed from your recrods.
Good luck and I hope you are able to sort out the credit score situation.
1 person likes this
@dfollin (25351)
• United States
22 Nov 08
Thanks.The bailouts are helping the companies help the homeowners and other people that credit has already been extended to for major purchases such as homes and cars.
@webeishere (36313)
• United States
17 Nov 08
When renting one has the right to withhold rent by paying the city etc to hold it as proof of rent paid. The city then gives the owner a fixed date to have the repairs made or be held responsible for costs etc and the rent is withheld till the repairs are made usual;ly. I did a lot of caretaking at rental units and seen this occur a lot. The repairs get made as the city can take asway their rental license etc. That's how it is in Minnesota anyhow as far as I know about rental dispuites and repairs of the rented unit(s). Now as faqr as the bailoot I am at a loss about this as I am not behind on my payements. Not paying for a magazine subscription almost stopped us from buying a house actually. So even minor things hurts ones credit score. Good luck also.
HAPPY POSTINGS FROM GRANDPA BOB !!~
1 person likes this
@webeishere (36313)
• United States
17 Nov 08
Yeah a $20 subscruption killed me as far as mortages went. Ugggh!
HAPPY POSTINGS FROM GRANDPA BOB !!~
1 person likes this
@dfollin (25351)
• United States
17 Nov 08
That's amazing!There should be a law about what they can put on your credit report.On mine is me owing a towing company.And when I find out about it I called them and was told about a car I had years ago that broke down in the snow.I said well I never heard from you?I was told that it is my respondsability to find out who I owe!
@serialmommy (639)
• United States
18 Nov 08
Firstly, when you make a repair on a property you are renting, you can deduct the cost of the repair from your rent as long as you present the receipt for the repair at the same time as paying your rent. Check out your local laws, but you'll see I'm not just talking out of my butt. Secondly, I'd like to know where my bailout is as well. I'm not hundreds of thousands of dollars in debt, in fact, our debt barely comes to 10 grand, and that is including the medical bills. Yet, here we are, making ends meet enough to pay our rent and utilities and kind of buy food for our family of 6. My husband makes too much for us to qualify for any assistance from the state. My children, thankfully, are covered by state medical insurance. My husband's insurance for his work is $5 a week for just himself and it JUMPS to $117 a week for the entire family. There is no in between option. I am not covered at all by insurance. We pay for any medications I need, and my therapy, out of pocket. I am unable to work outside of our home because we have a highly special needs son who has a plehtora of appointments each week along with having severe behavior issues at school and home. It seems the auto makers shouldn't get a bailout. Their sales are plummeting, however they keep blocking new technology for making cars more fuel efficient, or even not needing fuel at all, because they are stuck in their ways. The banks leant out money poorly. If I were to make financial decisions like that, I'd be told good luck and you are screwed. Companies make decisions like that and go begging to the government, the ones they don't want poking their noses in when they are doing fine, asking for a rescue plan. Simply put, it's one huge mess with no end in sight.
@Bluepatch (2476)
• Trinidad And Tobago
18 Nov 08
Bailouts being bailouts and those being given by a government you have to be priveleged to get one.
Like being very big and very rich to start with.
I get bailouts from my family every once in a while and they are never adequate and what it takes to get them would shake a sycamore tree.
Bailouts are for the established and priveleged and they cost in returns.
You and I, I guess that's how I can put it, just have to scrunt until God smiles on us.
1 person likes this
@dfollin (25351)
• United States
22 Nov 08
Exactly! The rich keep getting richer! Huh? My family can't help me,they are like us....poor!
@hometyme (288)
• United States
17 Nov 08
I don't know of any landlord that gets bail out money. In my opinion, banks, automakers, etc., should not get bailout money for paper pushing and union support. They should have to make the necessary changes like the rest of us do. This is a global economy now, and no one will be able to bail out of a global economy -- just make the adjustments. Toyota, Honda, Hyundai, Daewoo (GM) will help make the adjustments. Why weren't these investments made in the US?
@dfollin (25351)
• United States
17 Nov 08
The landlords are the homeowners.When mortgage companies and banks get the help that helps the loanholders,(the landlords).
@spalladino (17891)
• United States
17 Nov 08
I have to ask, why didn't you make a deal with your landlord before spending your own money on repairs? My son recently rented a house that needed some work and he is doing something to that house every month in exchange for a reduction in the amount of rent he pays. Since he was in the construction field (before it was taken over by cheap illigal immigrant labor) he's very capable so he's been able to negotiate a decent deal that helps both of them.
As far as your credit report goes, you do have the right to explain anything negaive in there so respond to the reason for your eviction so that anyone who looks at it won't be left wondering why you weren't paying your rent.
@dfollin (25351)
• United States
17 Nov 08
Well,I told the landlady about the needed repairs and was told that they had never had any complaints about that before and not to use the appliance until she got back to me.She never got back to me.
I have been told I can explain the credit score and issues,but they cannot rent to me because I have a certain credit score.