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Nicholas Miller
  • Residential Real Estate Broker
  • Fort Wayne, IN
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Is it legal to charge more...

Nicholas Miller
  • Residential Real Estate Broker
  • Fort Wayne, IN
Posted

Is it legal to charge more rent from an individual who has had a recent bankruptcy, eviction or a low credit score?  I have searched the net in search of an answer but have not been successful and was wondering if there is a legal way to do this.  Lenders do this in the form of higher interest rates, can landlords?

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Max T.
  • Investor
  • Philadelphia, PA
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Max T.
  • Investor
  • Philadelphia, PA
Replied

Doesn't really make logical sense to me.... If they have a history of having trouble paying, how does charging more make them more likely to pay. Seems counterintuitive and would actually make them more likely to not pay.

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