A bad credit history can be a pain at times. Bad credit ratings do not just pose a problem when one tries to get fresh credit, bad credit has a way of playing truant in almost every effort to secure fresh credit in the future – and trying to get an apartment is a form of securing credit too. The landlord, or broker, is hoping to collect rent every month – and if you have a bad credit record, well, you just may not be able to honor your commitment to pay the rent as well. This is why real estate brokers and landlords prefer to check an applicant’s credit records before signing a rental agreement.
So, if you are in the red and already have a bona fide bad credit history, how do you go about renting with bad credit?
Go through the ads on and offline for Read the rest of this entry »