will people still rent apartments if i have bad credit?

Answer 1

Your credit history can affect your ability to find an apartment. However, that said, your history as a tenant is FAR more important.

I had a long-term tenant (over 10 years) who had terrible credit, but had a long history of paying his rent on time with other landlords. In the 10 years that I rented to him, he was never so much as one day late on the rent. Since he was such a good tenant, I kept rent increases to the absolute minimum, just enough to break even on my cash flow for the most part.

Answer 2

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Answer 3

If you go through a private individual, you will have a much easier time - some may not even do a credit check. I rent from a private individual, and he didn't even check my credit, although I offered to show him a copy of my credit report. If you rent from a commercial real estate company, or try to rent an apartment in a large complex, they will definitely check your credit. Where I live in California, most commercial real estate companies have income requirements - most of them want your monthly income to be at least 3 times the amount of your rent, which can make it difficult to rent a decent place to live if you don't have a lot of income coming in. If you have poor credit, I would definitely try to rent from a private individual - you will have a much easier time.

Answer 4

there are a couple options. One if your criedt is bad, but not horrible they may rent with a higher deposit, or they may require a co-signer. that is someone who says the apt can hold them responsible if you don't pay. You better have someone who really loves you to get them to co-sign though. People don't do that lightly. I have probably the worst criedt around, so when I was looking for a place, first thing I asked before getting an app. was "do you accept c-signers" (b/c some places don't do that) When I filled out the app, I put that I had a co-signer also, but when they checked my creidt, they decieded to give me a higher deposit. They didn't reqire the co-signer. I was shocked. Some places don't allow either though, so you just have to ask. I know there is somewhere that will take you though. good luck

Answer 5

Some landlords check credit, others don't. Generally, people who own one or two properties don't check credit as much as large apartment complexes or "property management" companies.

Also remember that if you have paid your rent regularly for a few years with no late payments, you can send a letter to your credit bureau requesting that they contact your landlord and request a payment history to be added to your report. If your landlord replies, this could help your credit score.

Answer 6

Possibly. It just depends on how bad and can vary by landlord/management company. Like a previous poster mentioned, some private landlords don't check credit. Most apartment complexes will check. They may ask you to put down a larger security deposit or some will ask for "co-signer" on the lease agreement.

Answer 7

I think people will still rent apartments even though u have bad credit. i think it matters mostly on how the condition of the apartment is and other matters.

Answer 8

Offer a large deposit or several months rent in advance. Also, some properties will offer an insurance bond at the beginning of the lease. It is like an insurance policy for where the insurance company guarantees all or a portion of your lease.

Answer 9

Yes, some private landlords dont check, but I belong to a landlord's association, and my 100 bucks a year entitles me to a credit check service...but yes many landlords are in a hurry to get someone in the place, and wont check

Answer 10

People will continue renting apartments long after you are dead, hon. They don't care what your credit is like.