2007-08-27 02:30:11 · 13 answers · asked by bmariev24 1 in Business & Finance ➔ Renting & Real Estate
It depends on the rentor. If they are a major company, then probably. If an individual part, probably not. Either way, you may want to check your credit report to look for anything that might be a negative on your report. Then get it fixed before renting.
2007-08-27 02:38:09 · answer #1 · answered by Anonymous · 0⤊ 0⤋
I am a private renter, I rent out homes and apartments that I personally own. I ALWAYS check credit and it is the main reason I deny most applicants. It is the best way to determine someones ethics, as everyone seems to treat the rent the same as other bills.
Unlike "large corporations" I could literally loose my property because of a flaky renter. I need to pay the mortgage on the first, rent or no rent. My kids eat every month too!
Any landlord with an ounce of sense will at least check credit.
2007-08-27 03:38:06 · answer #2 · answered by Landlord 7 · 0⤊ 0⤋
Properties owned or managed by RE Management companies will ALWAYS check you credit. More often then not, privately owned properties, (2-families, etc.) won't bother.
If your credit is in the crapper and you are looking to rent some complexes will work with you. You may be allowed to rent using a co-signer, providing an extra month's security, etc.
Best bet is to be straight with the leasing agent and disclose your situation. If they can do anything for you they will. If not, at least you haven't wasted your time or theirs.
2007-08-27 02:39:26 · answer #3 · answered by loancareer 3 · 0⤊ 0⤋
Yes, they frequently do. There is also a service like TeleCheck that shows if you have poor payment history or broken a lease. However, if you are renting from an individual, they will often rely more heavily on what they think of you. If they ask to check your credit, be up front about why you had problems in the past and won't any longer.
2007-08-27 02:38:52 · answer #4 · answered by astralpen 6 · 0⤊ 0⤋
Everytime I've rented a house or apartment my credit was checked.
2007-08-27 02:37:31 · answer #5 · answered by Elsie 5 · 0⤊ 0⤋
Frequently, if they're smart. And more likely if they are a big real estate management firm.
This is reasonable. They want to know how you plan to pay the rent. If they rent to someone who can't afford it, they have an eviction problem and it;s not a good situation for the tenant, either.
2007-08-27 02:37:32 · answer #6 · answered by Ted 7 · 0⤊ 0⤋
They almost always check your credit.
If you know you have something on there that is potentially bad and could affect them renting the house to you, I would be up front and honest about it.
They will usually take that into consideration and can help put them at ease.
2007-08-27 02:39:34 · answer #7 · answered by tinyavenger 5 · 0⤊ 0⤋
Yes, especially past rental history. If you have slow pay or no pay, you might look for a co-signer. Sometimes an individual rather than a rental company is better. They might listen to why you've had a rough time. We went through a private owner and explained our situation. He gave us a chance so we were careful not to burn him. No we own one of his former properties!
2007-08-27 02:39:59 · answer #8 · answered by mccormom 2 · 0⤊ 0⤋
No, you are able to clarify. tell the owner once you divorced. they might actual see on the credit record that only before that date you payed your expenses on time. it truly is amazingly obtrusive, the record would be loaded with stable comments, accompanied by using undesirable. in the journey that your undesirable credit report truly is precisely divorce appropriate it truly is trouble-free for example, only because it truly is trouble-free to tutor which you're presently paying your expenses. you would be ok, only clarify in develop.
2016-12-12 12:51:05 · answer #9 · answered by janzen 4 · 0⤊ 0⤋
Typically yes, to make sure you'll pay the rent on time.
2007-08-27 02:37:20 · answer #10 · answered by Kristy Lynn 6 · 0⤊ 0⤋