7 Credit-Related Deal Breakers for Renters
To kill an old myth, let’s begin with you must have immaculate credit for a landlord to consider renting to you. This is actually not true. You don’t have to have immaculate credit to rent a property, but there are certain negatives that will frequently cause a rejection.
Landlords will usually reject an applicant who has had a car repossessed, or credit cards and/or utility accounts which have been charged off due to an unpaid balance. Mistakes such as a single late payment on a current account will, generally, matter less.