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Fear of Becoming Homeless Because of Lack of a Good Job/Money/Low-No Credit

User Profile: rastergraphics1989
rastergraphics1989 January 26th, 2016

Hello everyone,

Not sure if this goes in this forum catergory...

I've been freaking out about this for a month now. Basically where I live is a property, where me and my family reside that is owned by this elderly man. There has been talk about the entire property being sold upon his passing, which means that my dad would lose his job with the company as well as the house where we live. His job is what is letting him live here with me and my mom and brothers.

It never really occurred to me how sudden a change could occur where we could be living out of a car or something. Both me and my dad work, but I get paid very little and neither him nor me have any good credit. I started thinking and analyzing a situation about us getting a place if the landlord were to pass unexpectedly, the man is in his mid 90s now.

But everything I have been reading online talks about how people have to have good credit. Right now I am paying back a student loan of $10K, my credit score is nowhere near perfect as I have made mistakes in the past. I'm afraid of losing my job as well if we have nowhere to go, because I won't be able to shower or get clean clothes or have an address, etc.

I've researched resources in the area, but each of them seem to want someone to be in extreme situations to provide any sort of assistance.

Does anyone have any advice on what to do? I've considered saving money, but it's hard.

1
User Profile: RarelyCharlie
RarelyCharlie January 26th, 2016

Hi @rastergraphics1989

This is a terribly difficult situation that you describe, this uncertainty hanging over you. It hasn't happened yet, but it could happen at any time. You've been researching and trying to figure out what to do, but it all seems difficult. Even though you seem resourceful and determined about it, there are so many uncertainties.

I hope that being a member here at 7 Cups will help you to cope, and that you've found listeners who understand your fear and can help you work things out a little. I hope, too, that you'll let us know in the forum how things go for you.