What do landlords or managers look for in a credit report?

I currently own a condo and want to rent it because I am moving to Hartford fairly soon. The market is horrible right now to try and sell!





I plan to rent a place in CT. Most of the ads I see request a credit check. My credit isn't horrible but not good due to debt to income (my credit score is pretty low). I don't have forclosures, repos or deliquencies on accounts. Just a few medical bills that are pending legal action.





What do they look for when they view the credit report?





I took a huge pay cut due unfortunate circumstances. I relocated from Georgia with my son and had to leave my successful career to start over again. I now have an opportunity of a lifetime at the same company I worked for 7 years. So my credit isn't due to lack of responsibility- just hard times!





Any advice would be great. I just would hate to find a great apartment and then get turned down due to credit issues that could be fixed when my salary increases- which it will by $25,000 and then some.

What do landlords or managers look for in a credit report?
Try to explain your situation to the landlord. I am rebuilding my credit because I lost my job. ( so I feel your pain) It sucks and it takes to awhile to rebuild and recover. Cause credit is built around time.





I know its hard to make payments when you are struggling. But I called my creditors and they were willing to work with me. Even if its small payments it shows ppl that you are willing to pay.





When you sit down with a landlord or leasing office. Treat is a job interview and sale yourself. Dress nicely, thorougly explain your situation and initiate a larger deposit. I put 2000 dollars down (for a studio!) but I they were willing to except as a great risk to take.





So if you come across intelligent, ambitious, and convincing you will be fine.
Reply:you can get the answer at the below site http://realestatepropertynews.com/margin...
Reply:Hey Sport ---salary has nothing to do with renting... Oldest trick in the book...Everyone knows that you could make $3000 a week but that does not mean you pay the creditors... When people have hard times your right they do not pay the creditors..... If I was the land lord and your credit report sucks -- your labeled as a dead beat....Delinquencies make a crummy CR--how come you are not delinquent and CR sucks..... You may be moving to Hartford and I wish you the best...I hope you have a lot of cash for motels...
Reply:a credit report gives us landlords a way to determine your ability to pay. it tells how much money you having out each month to creditors. it also tell us about your ability too manage your finicalaffiars. do you usally pay on time or are you in over your head. a landlord wants people who can and are willing to pay the rent on time..
Reply:Some landlord will look past the typical FICO score to see the actual credit report. you need to find a landlord who does this. Most smaller landlords who check credit will look past this. The fact that your credit report is low without delinquencies is a great plus. Your history shows on time payments. That is what a lanlord wants. As a lanlord I can tell you the worst tenant I had was the one who I had to chase down to get paid.





Good luck with the move!