Bad Credit Apartment

Posted by admin on November 20th, 2009 at 04:55pm

bad credit apartment

Question:
Information about bad credit apartment concerns?
My boyfriend and I are going to be moving into a new apartment in a couple of months and the lease requests that each of us to file as applicants. The trouble is that I have poor credit. He has great credit, and he is paying for myself and our baby. Would the landlord reject us the apartment if I have poor credit even though I am not employed and my boyfriend has a very decent credit rating and job?

Answers:
Essentially, credit just determines how much you deposit. The worst is a single month’s rent. They would not reject you if you had enough income coming in to make payments for the apartment. You each will file together and he would basically be kind of like your blanket. My husband and I both have poor credit. Not very bad but we came across some bumps in the road. I am a stay at home mother and my husband provides for everything. we were approved in with no problems. However in order to move in, we were required to pay two months rent right away.

I will only answer for myself, but I put in credit checks on all our applicants. The vital point in my eyes is that the person is up front and honest about their circumstance.
I have rented to individuals with bankruptcies in their history, who were telling the truth about the situation. Their credit rating was no surprise, since they had already given me the details and what they were doing to repair their situation.
As long as your partner has solid credit, you likely will not have an issue.
I will inform you that being a married couple, aside from just living together, also gives advantage to your position when applying for bad credit apartments. Whether you like it or not, you are looked upon as having a more steady relationship if you are married.

Under Bad Credit Mortgages