If your credit is not that great and the rent is around $550, it's not a fancy place. Just an average apartment biulding. What are the chances of getting turned down on the lease?
2007-09-04 16:30:29 · 4 answers · asked by ----- 1 in Business & Finance ➔ Renting & Real Estate
because of a stupid cell phone situation, my credit got screwed up! i get turned down when applying for apartments. even though i have a good job...what's up with that??? apartment owners want too much, they think they can ask for anything they want!! alot of them even want ur banking info!! they can't ask u for that!! u may as well sign ur life away to them!! when they ask me for my bank info, i just say see ya! good luck renting out ur dump!!
2007-09-04 20:25:54 · answer #1 · answered by Anonymous · 0⤊ 0⤋
I'm a landlord and I call and check references, do a credit report and then figure out if they can afford to live there. It's fairly easy to figure basic electric, water, sewer, telephone, food and other basics. If it adds up to they don't have enough to pay the rent if they have a problem, they aren't accepted. If there credit is bad and they have a lot of debt, they don't get accepted. You look at their cars and judge their car payments, price of their clothes, how many people in the family, and on and on. Then there are the others that lie about having these great jobs but are driving junkers, dressed shabbily, don't appear to have a good education, and on and on. All you have to do to get an apartment is have a job, good credit (so you are good pay), and the ability to pay the rent regularly. If your credit is bad, I will not rent to you because you don't understand how to handle money and you have walked out on other's who relied on you to pay. Why would you pay me?
2007-09-04 17:31:04 · answer #2 · answered by towanda 7 · 0⤊ 0⤋
My mother is a manager for a place that does credit checks. The apartments are not great at all. Hers' look at payment history, out standing bills, and collections. Some places are very strict some are more understand about situations.
2007-09-04 16:45:54 · answer #3 · answered by Anonymous · 0⤊ 0⤋
You could increase your chances with a co-signer, and a larger deposit.
2007-09-04 16:35:06 · answer #4 · answered by M G 5 · 0⤊ 0⤋