Basically, my apartment complex for the summer is saying that I still have to pay the full amount if my internship is canceled and I don't even move in? Anyone else having problems with this? It was a lot of money already since it's downtown housing but now I might be just throwing away thousands if I don't even move in.
| +35 | ADHD ! | 19 | 19h | |
| +33 | Non-Competes Banned | 43 | 22h | |
| +30 | Being Christian in investment banking | 14 | 4d | |
| How do I become Sigma | 15 | 3d | ||
| +20 | Moelis has the cutest Analysts? | 4 | 4d | |
| +17 | What does the richest self-made woman you know do for a living? | 16 | 1h | |
| +16 | Secretive vs Universal Prestige? | 8 | 16h | |
| +16 | Underage intern, drinking? | 7 | 4d | |
| +16 | Can someone justify why is million written mm or MM? | 15 | 10h | |
| +9 | Anyone else get super de-motivated / dis-illusioned after trying to leave a job in tough market? | 4 | 4d |
Career Resources
Get instant access to lessons taught by experienced private equity pros and bulge bracket investment bankers including financial statement modeling, DCF, M&A, LBO, Comps and Excel Modeling.
Was this through a sublease/airbnb or through an actual college summer housing program?
Apartment that does summer intern housing, official lease signed
I would reach out to HR and see if they could help out, worst they can say is no.
have you already paid?
No, haven't paid anything yet
Don't pay it lol. Tell them good luck collecting. Very unlikely they could be successful forcing you to pay it through court, esp. given current situation. They are banking on the fact that people will still pay if they tell them they have to pay.
Please tell me you didn't pay for your summer housing up front and in advance...
No, haven't paid anything yet
i would also suggest you verbally tell the landlord (not in text/ writing, but with a phone call) that you will not be using their housing, and suggest they find another tenant, and just ignore them if they try to pressure you...don't fight...just say sorry and hang up. doubtful they will send this to a collection company or be able to collect if eviction ban is still in effect (currently is for NY state).
worst case, if they do sell the debt to a collection company and it goes onto your credit report, you can get it taken off your credit report by send a letter to the collection company. There is a specific format of letter required...but basically because of the consumer protection laws, if you request the collection company to provide you written proof of the debt within 30 days of you asking, they most often don't have it, and then the credit reporting agencies will remove the debt collection from your credit report, and it can't be re-added (the laws are very consumer friendly, but you have to do a little research on how to do it...there are credit repair books that teach this stuff for like $10)
Is this accurate? I thought about just not paying but I don't want anything to go on my credit score.
it won't ruin your credit score.
I was in a similar position, but I'm going to end up eating the cost it looks like. The reason most banks are paying the for the full internship even thought they are shortening it is to cover things like this. I thought it was better to lose my rent vs ruining my credit score over this.
Lmao what don’t pay wtf
PM me OP
I’m stuck I. the same situation. I haven’t paid but I’ve signed a lease and provided a guarantor. please advise.
Are they not giving the housing stipend anymore?
Those so called companies are absolute dxck. I had mine through airbnb and the landlord was kind enough to understand the situation. Sorry to hear what happened
Which state is this for and when did you sign the lease? I think you will be able to avoid having to pay them anything, especially if you signed the lease papers before the quarantine occurred. There's a clause known as force majure, which is a clause that frees you from being able to fulfill a contract due to unforeseeable circumstances. If you signed the lease papers before the quarantine, I am confident you will be able to fight this off using that clause.
If you signed it after the quarantine, it might be harder but still doable and contingent on the laws governing the city you're moving to. You should definitely fight the landlords on this and not give them a penny. If you lose the fight with the landlords, I would go after the company that cancelled the internship, especially if they were promising you that the internship wouldn't be cancelled. Hopefully you have some sort of email correspondence of the company confirming that the internship wouldn't be cancelled.
Do not pay a penny.
Voluptatem omnis hic consectetur enim sequi omnis est. Et porro autem consequatur autem numquam. Voluptatem quibusdam exercitationem enim facere enim dicta iusto. Accusantium at quod rem dolor.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...