How to Get Approved for an Apartment With Bad Credit

Rent an apartment with bad credit.

A low credit score can destroy your chances of getting approved for a home loan. In this case, you'll have to consider an apartment or rental home. Although it's common for people with poor credit to rent, some landlords are hesitant to approve applicants with a low rating. But even if you don't have A+ credit, there are ways to increase your chances of getting approved for an apartment with bad credit.

Things You'll Need

• Paycheck stubs
• Security deposit
• References
• Co-signer

Instructions

1. Photocopy your employment information. Consistent income improves your odds of getting an apartment with bad credit. Retain copies of your paycheck stubs for the last three to six months to show steady employment. Provide your employer's information as a reference, or bring your tax returns.

2. Discuss your credit history with the landlord. Expect potential landlords to pull your credit report and review your credit history. Eliminate surprises by informing the landlord of credit problems beforehand.

3. Negotiate a higher security deposit. To compensate for a lower credit rating, offer to pay a higher deposit in order to improve your chances of getting the apartment.

4. Put the apartment in another person's name. If you are unable to qualify due to a rocky credit rating, speak with the landlord to see if you can have a co-signer (with good credit) on the lease.

5. Make a good first impression. An unprofessional or questionable demeanor can put off potential landlords. Wear business casual and neat attire to meet with landlords. Offer a firm handshake and use proper English.

References

• Somali Home: Getting an Apartment on Rent after a Bankruptcy
• Oh My Apartment: How to Rent an Apartment with Bad Credit