Looking to place a tenant with poor credit
Hello Everyone,
For quite a while now I've been working with a client who wants to lease an apartment on the south side of Chicago. She has credit issues (score unknown) and is self-employed. She lives with her mother currently, and I think they both would like for her to get her own place. According to my client, her mom will "co-sign" on a lease, but in my experience landlords are interested in the credit and income of the adults who will actually live in their apartments, so a prospective tenant having a supportive mother doesn't impress them.
Can anyone offer suggestions for this client, aside from getting her credit cleaned up?
Thanks,
Shawn
Most Popular Reply
You leave out the most important facts: W-H-Y is this woman's credit bad? Medical bills is one thing, and a landlord will be more amenable to help someone who has some chronic condition that left them broke. Irresponsible borrowing shows a lack of discipline, and no landlord wants that. Carries over into lifestyle and behavior too often. As for "self-employed," we all know that's code for "unemployed." Can she show you her income taxes or statements?