Can I still rent if I have a poor credit rating?
Asked on Jul 30 2010,
Renting in Benfleet |
You will find that all agents will carry out credit checks on you.
The best thing to do is speak to your local agents and discuss with them what their individual policies are. At our company, for example, if someone has poor credit there are two ways that we can proceed. One is to have a Guarantor who has a clean credit history, and the second would be to pay five months in advance, followed by the last payment being made by standing order.
A few applicants I have dealt with who have informed me they have a poor credit history have actually passed. The main things that show on most credit checks carried out by agents are CCJ's, Bankruptcy, and Insolvencies. However, ALWAYS declare that there may be problems with your credit history. If you don't, and something shows up it is an automatic fail in most cases.
I hope this helps.
Answered on Jul 31 2010,
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