Typically large complexes that are owned by corporations run a credit check on whoever wants to rent an apartment in their building. Landlords can check their credit history of the potential tenant if he gives his express permission to the landlord. Just denying a check into your credit history will not be a sufficient measure if you have bad credit history. A credit check is mandatory in certain housing societies. Denying permission to check your credit file will lead the landlord with no option but to deny your application.
Here are a few things that you can do to still get to that apartment in spite of your poor credit rating:
Avoid a Credit Check
if you have a bad credit rating the key is to find a place where the landlord does not check their credit history of the tenant. Usually it is the larger complexes owned by corporations that to a credit check. If you’re able to find smaller and individual housing accommodations you may be able to avoid a credit check altogether. Go through the classified section of your newspaper or start by looking on craigslist which is an online classified listing. Many homeowners use real estate agents to rent their homes. You can check with the real estate agent in your area to find out information about apartment, townhouse, condo or house to rent. If you’re making initial Inquiries with the landlord over the phone you can always ask what criteria uses to approve tenants for the rental.
Get somebody to Vouchsafe
when your credit file is blotchy and is interfering with you finding a place on rent you can get someone to vouch for your financial responsibility. The people who can vouch for you who will have a reasonable impact on your rental application will be people like your previous landlords, your bank and your current or previous employers.
Repair Your Credit File
in case you are able to pay off the late and due accounts on your credit report before applying for a rental accommodation then do so. If this situation and the circumstances that led to bad credit or over in you can also try explaining to the landlord your circumstances and provide adequate proof of your current financial stability such as steady job, steady income etc.
Get Someone to Cosign
you can get someone to cosign on your lease. The landlord may be more willing to give you the place on rent if someone with a better credit rating is willing to cosign to you. You should be aware that whenever a person cosines view he is equally liable and responsible for your debt. For this reason it may be difficult to find a person ready to do this.
if you have a blotchy credit file then you should be prepared to make a larger down payment or pay more lend to the landlord in order to convince him to give you the rented accommodation. A larger deposit or paying more rent may do the trick to convince him that you are financially sound to pay your rent on time.