If you have credit that falls in the “fair” (630-689) or “bad” (300-629) ranges, you might find yourself searching for a rental that doesn’t require a credit check as part of the application. Such rentals are sometimes called “no credit check apartments.” You might have better...
Meet Basic Screening and Background Requirements A landlord may implement strict screening standards for prospective tenants. Just as any adult, a 17-year-old must have sufficient credit, income, no less than three times the rent amount, acceptable rental history with no prior evictions and an ac...
When exploring rental homes, watch for listings that state that a credit check isn't required or that bad credit is OK. If the listing seems unclear, try calling the property owner to find out which credit requirements they have for tenants. You can then narrow down your options to...
Filling up the requirements Before signing on for an apartment you will also have to consider filling up the requirements that often involve a minimum credit score or monthly income. It’s never a bad idea to start building credit in college. And there are ways to do it. Get a credit car...
Imposing a different rental price on a dwelling. Using different criteria, qualifications, standards or procedures for a particular tenant (Examples: application requirements and fees, income or application standards, credit score qualifications, and rental approval procedures). ...
If you plan onrenting an apartment, bad credit is one of the things that may get in your way. Most renters have no idea that troubled credit can be a major problem. Even with a perfect rental history, bad credit may make it difficult for you to find the apartment of your dreams. The...
Different apartments and different landlords present different requirements, but in general, you need to meet certain demands to get approval for a place. These requirements typically include a certain credit score or aco-signer if you don’t have the credit, references, proof of income, security...
Write a letter of explanation detailing why your credit score is not very good. Include how you now have good budgeting habits and about your plans to be a responsible tenant. Landlords are free to waive their own requirements—as long as they treat all applicants the same way. This ...
On top of the plans, you need to establish what hours of the day the work will take place. It’s important to remember that these requirements are not in place to restrict owners but rather to respect the other owners and tenants in the building. ...
typically has its own tenant approval process. However, the requirements tend to be pretty similar. You’ll usually need a reliable source of income, monthly gross income of at least three times the rent, renter’s insurance, and at least fair-to-good credit (a FICO score of 580 to 739...