Yes. I'd never dream of renting to anyone without checking their credit first.
y yes it can
Generally, a landlord can check your credit file to look for evictions, which are recorded and reported to credit agencies. They also looked for people who don't pay their utilities.
Lenders find information about bad credit when dealing with a mortgage applicant by running a credit check. They send your information to a credit service to see what information they can find.
A tenant credit check is what a landlord can request before they agree to let you rend their property. This is to ensure you have a good credit rating and can afford the rental payments.
Anyone who is invested in someone financial life can ask for a credit check. This includes prospective employers and if someone is going to be a landlord.
No, the lender can not legally penalize the landlord, the borrower, if the landlord chooses to rent to tenants with low credit scores. Consult an attorney for details.
If you believe they put a pede on the moon, pede on the moon! ;)
Section 8 government aid benefits low-income household, because it allows payment of rental housing assistance to private landlords. A private landlord has the right to run a credit check, to make sure the applicant will be able to pay, but otherwise has no effect on the credit score.
A prospective landlord can ask an applicant if they gave notice to their previous landlord and if they were asked to leave. They are able to inquire about past payment history as well as condition of rental when they left.
The information given by the applicant is not only used to verify the applicant's identity, but also to obtain their credit score, which will determine if the applicant is accepted as well the credit line offered to the applicant.
As a landlord, I will rent to someone with no credit, providing: 1. The applicant has had the same job for six months. 2. The applicant has never been convicted of a felony. 3. The applicant has someone to co-sign the rental contract that has good credit, such as their parents. (You can show "good faith" by offering two to three months rent upfront,instead of the customary one month)
Yes.Yes.Yes.Yes.