I mean, half these places aren't the effing Waldorf!!!!
2007-01-19 02:33:02 · 10 answers · asked by mad604 1 in Business & Finance ➔ Renting & Real Estate
Credit checks have been used commonly for over 30 years.
They are asking you for "permission" to run a credit check. They cant without your permission. They can however, decline to rent to you without one.
2007-01-19 02:37:44 · answer #1 · answered by Anonymous · 2⤊ 0⤋
You know, when you rent a car, you are required to have a credit card, and they do an instant credit check.
When you rent a house, you are renting something several times more valuable than a car. Shouldn't the owners be allowed to do the same thing a car rental company does?
In addition, should any past landlord have a judgment against you for damages, it will show up on your credit record.
Landlord can, and often do, charge you for your application. These credit checks can run $30 per person.
I don't run that many credit checks. I use the willingness of the applicant as evidence they are honest. If they don't have anything to hide, then they probably don't need to hide anything.
Good Luck.
2007-01-19 02:50:03 · answer #2 · answered by A_Kansan 4 · 1⤊ 0⤋
This is standard practice. They are entering a legal contract with you, and they would prefer not having to go through the hassle of using a lawyer to throw a person out who can't afford the rent, so a simple credit check can save them a lot of money.
Get used to it.
2007-01-19 02:45:30 · answer #3 · answered by Garylian 6 · 1⤊ 0⤋
Been that way for years! If you were the owner, regardless of it being the Waldorf or not, I'm sure you would want some general indication of the renters desire to pay his rent.
2007-01-19 03:41:16 · answer #4 · answered by Anonymous · 1⤊ 0⤋
They have the right to ensure you are a person who will not stiff them. By renting you an apartment, they are, in effect, extending you credit. I'd never rent to someone without one-getting rid of a non paying tenant is too much hassle.
2007-01-19 02:41:49 · answer #5 · answered by melouofs 7 · 1⤊ 0⤋
Some time in the 1970s.
2007-01-19 02:39:39 · answer #6 · answered by Anonymous · 0⤊ 0⤋
It doesn't matter what shape they are in. The owners have the right to refuse you an apartment, if you refuse to submit to a credit check. It is their right to protect their property.
2007-01-19 04:45:13 · answer #7 · answered by Anonymous · 0⤊ 0⤋
Apartments want to make sure they rent to someone who actually pays their bills. Wouldn't you? You do not have to give them permission, but why shouldn't you?
2007-01-19 02:39:34 · answer #8 · answered by KL 5 · 1⤊ 0⤋
it truly is a criminal offense to discriminate hostile to a persons' sex, faith, orientation, nationality, race etc. in case you've been from Mars they could ought to employ to you. Now they do charge a surity deposit and the first month's employ.
2016-11-25 20:20:34 · answer #9 · answered by Anonymous · 0⤊ 0⤋
who wouldn't want to see your credit first... Get your report pulled once, and make copies to try and save yourself paying for them to pull it.
2007-01-19 04:39:00 · answer #10 · answered by Anonymous · 0⤊ 0⤋