{"id":18108,"date":"2020-11-19T14:58:05","date_gmt":"2020-11-19T14:58:05","guid":{"rendered":"http:\/\/www.anthonydidonato.net\/wordpress\/?p=18108"},"modified":"2020-11-19T14:58:05","modified_gmt":"2020-11-19T14:58:05","slug":"where-renters-are-lagging-on-payments","status":"publish","type":"post","link":"https:\/\/www.anthonydidonato.net\/wordpress\/where-renters-are-lagging-on-payments\/","title":{"rendered":"Where Renters Are Lagging on Payments"},"content":{"rendered":"

Where Renters Are Lagging on Payments<\/h1>\n
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Amid the coronavirus pandemic, nearly one in six renters are late on their payments, according to a LendingTree analysis reflecting data from late September to early October. Further, more than one in four renters say they have no confidence or are only slightly confident in being able to make next month\u2019s payment.<\/p>\n

A federal eviction moratorium will expire Dec. 31. That could leave many renters without a home and property managers with missed payments and fewer tenants. The National Association of REALTORS\u00ae has been advocating for rental assistance. Read more: Encourage Tenants to Seek Rental Assistance<\/a><\/p>\n

LendingTree recently analyzed in which areas around the country renters are struggling with their payments the most. Topping the list, 29% of Mississippi renters are behind on payments, nearly double the nation\u2019s average rate of 16.2%. Louisiana follows with a 28.3% default rate and Tennessee with a 24.8% rate.<\/p>\n

The 10 states seeing the highest percentage of renters behind on their payments have a median household income below the national average (excluding New York). \u201cThat can make it more difficult to stay up to date with rent, especially during a pandemic,\u201d LendingTree notes.<\/p>\n

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