As many potential tenants eventually find out, renting an apartment with no credit history is incredibly complicated. The fact of the matter is that potential landlords don’t have any history to go on, therefore, they don’t know if you’re going to be a reliable tenant or not. In many instances, this can be a dealbreaker when it comes to apartments for rent in temple terrace until you fix your credit score and ensure you have decent credit history. With that being said, not all landlords will say no, but there are certain steps that you’ll need to take to ensure they know you’re serious!
Show them your steady income.
Credit is only worth so much if you have no real job history or steady income to go by. If you have a well-paying job and you can prove income history going back for a few years, this may be enough proof for the landlord to see that you can easily afford the rent. Take the time to print some pay stubs to take with you to your meeting and it may just get you the apartment you want.
Consider paying a bigger security deposit.
Since you’re looking for apartments for rent in Temple Terrace, you need to consider that perhaps a larger security deposit may set the landlord’s mind at ease. As you have no credit history that may vouch for your honesty, putting down a larger security deposit can show someone you’re being serious. Of course, in most states it’s illegal to ask for a security deposit that’s two or three times the rent, however, no one can stop you from paying more.
Try getting a cosigner.
If you know of someone who is willing to risk their reputation for you and they have good credit, you can ask them to cosign for you. Not very many people are willing to do this as if you default on paying your rent on time, your cosigner’s credit goes down and they are held responsible for your mistakes. Additionally, your credit will also stay in the negatives before you even get started.
Consider showing amazing references.
References can make or break your ability to rent an apartment, but they can also help you rent one if you have no credit history. Getting other landlords to vouch for you and write a letter of recommendation maybe the push the new landlord needs to rent to you. Bear in mind that this is not a foolproof method, but it may help your case along.
These are some of the most common methods you can try in order to convince the landlord to rent to you without a credit history. Do understand that if you’re dealing with a management company and not the landlord directly, these tactics aren’t likely to succeed as management companies have very strict rules. With that being said, it never hurts to try!