Updated about 5 years ago on . Most recent reply
Where do bad credit tenants go to rent?
I have a new client that is looking to rent, but has horrible credit. He had a major medical issue, he survived (his credit, did not), and now is making decent money on track to make 120k annually.
Where do we send clients like this to find a place to live?
I am taking him on because I love to help people, but I am wondering if finding him a rental might be a bridge to far with his low credit score. Any ideas would be greatly appreciated!
JQ
Most Popular Reply
1) Bad landlords that do not screen.
2) Nice landlords that will look past his credit being destroyed due to medical bills.
3) Smart landlords that will accept him with a large security deposit / pre-paid rent / cosigner.
Most important thing is to be upfront with the landlord. If I have to pull your credit to find out that it is awful, you're not moving into my place. Tell me up front and you have a chance. I accepted a person who was in bankruptcy because they were up front about the situation and had a cosigner. Had they not told me up front, I'd have not accepted them.