How to Rent Apartments With No Credit Check
NYC Living When I was a broker I worked with a ton of students who were in school or were just about to graduate. The bottom line is the landlord wants to know how you as a student will be able to afford the apartment — especially without credit history . Do you have a large bank account that can supply 12 months of rent? (Unlikely dream scenario for all parties.) Do you have someone that will be paying the rent for you? (Another fun dream scenario .) And the most likely scenario is: you are using loans and a summer job to get by. Right? Here’s how you can rent an apartment with no credit check: Solution 1: If you default the landlord wants to know how you will come up with the rent. The 99 percent solution ends up being a rental guarantor. You will need someone in your family (or kind friend) to cosign your rental apartment agreement and be legally on the hook if you default on your rent for any reason. This ends up being tough for a few reasons: You are still attached financially...