I'm a college student, who recently got married. I want to move into an apartment with my husband, but neither one of us have established credit. Yet I'm working nearly 40 hours a week, making enough money to afford rent, utilities, etc.
Do you think the landlord would approve, even though I haven't established any credit yet?
2007-02-06 01:36:16 · 9 answers · asked by Anonymous in Business & Finance ➔ Renting & Real Estate
depending were you live i know in miami its hard because your young but if your money right then there should not be no problem but you need to establish some type of credit also they like to ask your jb staus they want to know if its steady and if your able to pay the rental fee
2007-02-06 01:41:50 · answer #1 · answered by kix305 2 · 0⤊ 0⤋
YOU have been lied about so much! You can be declared legally emancipated at 16 in most states, but it takes court action. At 18 you can leave home and the military doesn't come after you, that's ridiculous, how could you believe such nonsense? You can, if you have the money, buy a car, buy insurance, rent an apartment, in fact do just about everything accept buy or use alcohol, which makes no logical sense. You can get your own medical insurance, but it is super expensive. You father saying yo can't move out until he says so is a form of manipulation and intimidation. He may have his reasons, like you will lose your medical coverage from your parent's policy, and such, but you know, if you are living under his roof, he can set the rules even if you are 30. It is up to you to decide whether or not you can live this way,a nd whether or not you can survive out there in the real world financially, because if you try and fail, your parents sound like the type who won't take you back in. Have you thought about going away to college? That would allow you some freedom, and you still technically live at home (vacations, some weekends)...
2016-05-23 23:19:05 · answer #2 · answered by Anonymous · 0⤊ 0⤋
Having no credit won't keep you from getting a rental. Landlords do like to see some history of employment, credit, and prior landlord references - mostly because it shows a pattern of behavior on which they can evaluate risk. That said, everyone has to start sometime and having no credit is certainly better than having loads of bad credit.
Be prepared to pay some additional deposit, provide a guarantor, or some other assurance to the landlord. I like the idea of establishing a small charge account and paying a few things off to begin establishing credit.
Credit will play a very important role in many aspects of your life in the years to come, so use it carefully and monitor it closely. If you establish GOOD credit and use discipline with any debt you acquire, you'll be able to leverage your good standing to get lower credit rates and be in a good position to negotiate terms when the time comes to buy a home or other big-ticket items. Good luck!
2007-02-06 02:07:34 · answer #3 · answered by njc_flhtc 4 · 0⤊ 0⤋
You can get an apartment if you can find a complex that doesn't care about established credit. Depending on where you live I'm pretty sure you can find something. I'm not sure where you live but apartment locators are the best way to go. They can help you find an apartment that probably isn't too worried about established credit. I went through the same thing but my credit was messed up due to a hospital bill dispute. With several talks with the lanlord and proof of a steady paying job, my family and I were able to get an apartment. That could be another thing you could do. Talk to the landlord and get a apartment locator.
2007-02-06 01:56:42 · answer #4 · answered by ooo 4 · 1⤊ 0⤋
I've always heard that apartment owners in my area want to make sure you make three times the rent per month before taxes. If the two of you have that much, you probably won't have any problems. If you feel you can handle it and resist the temptation, get a credit card (you are a young college student, they'll be throwing applications at you soon) and make sure you pay off your balances every month. Your credit will build in no time.
2007-02-06 02:07:36 · answer #5 · answered by J_Sunstar 2 · 0⤊ 0⤋
You might get an apartment based on your work history.
Go to a department store - like Sears or JC PENNEY - apply for a credit card. Make a few charges and immedietly pay them off. That will establish you a little base credit
2007-02-06 01:45:09 · answer #6 · answered by Anonymous · 0⤊ 0⤋
Landlords will usually approve young couples who have recently got married, especially if they are employed. Unfortuneately, if they have had a lot of trouble with tenants they may ask that you have your parents co-sign that they will pay the rent etc, if you fail to do so.
2007-02-06 01:43:30 · answer #7 · answered by Anonymous · 0⤊ 0⤋
It depends on the complex and how strict they are going to be. However, when I got my first apt I was in the same situation than you (but single). If you go in and let them know the situation from the beginning you will know if they are willing to work with you or just be total snobs. And if they are snobs, you dont want to live there anyway.
2007-02-06 01:44:46 · answer #8 · answered by pepper_0713 2 · 1⤊ 0⤋
They might want a cosigner, but you won't know with out trying
2007-02-06 01:42:01 · answer #9 · answered by spiritwalker 6 · 0⤊ 0⤋