There is no denying the fact that having a good credit score is extremely helpful. So many things in life are, for the good or bad, tied to this report. So when you start your search and are thumbing tirelessly through the classified pages or clicking away at thousands of Google hits for Jersey City apartments keep in mind that it is highly likely that your potential landlord will run a credit check on you.
Here are seven tips to help you rent that Jersey City apartment, despite your bad credit.
Renting a Jersey City Apartment and Bad Credit: Tip #1
- Before applying for the Jersey City apartment. Personally, take a look at your credit report and analyze some of the factors that may have contributed to your low credit score.
- Is it really poor payment habits or are there some error or false information that is pulling your score down?
- Many people are surprised to find that their credit reports are not that accurate.
- If you find an error, send a letter of dispute to the credit reporting agency.
Renting a Jersey City Apartment and Bad Credit: Tip #2
- What if the report is accurate? Which means that the landlord of the Jersey City apartment complex will instantly form an impression that your are a potentially bad tenant.
- In this case, write a note explaining the circumstances that may have led to the blemishes (i.e. foreclosure, bankruptcy). This may help the landlord appreciate the situation more clearly.
Renting a Jersey City Apartment and Bad Credit: Tip #3
- Offer to submit a larger deposit than the Jersey City apartment landlord requires from tenants.
Renting a Jersey City Apartment and Bad Credit: Tip #4
- Get the help of a friend or relative, who has good credit and is willing to co-sign the Jersey City apartment application.
- Most landlords will accept tenants with bad credit if they have a co-signer who will guarantee for them.
Renting a Jersey City Apartment and Bad Credit: Tip #5
- Provide the landlord of a Jersey City apartment a list of references who will vouch for your credibility.
- Make a request to the landlord to contact these people in order to do an accurate background check on you.
Renting a Jersey City Apartment and Bad Credit: Tip #6
- Be sincere. Don’t make up stories. Don’t try to hide the real reason you have bad credit. It’s better to be honest and let the Jersey City apartment landlord understand that you are doing your very best to improve your credit history.
- If the landlord sees your sincerity and your willingness to improve your situation, they will more likely extend you consideration.
Renting a Jersey City Apartment and Bad Credit: Tip #7
- Obtain a letter of recommendation from your previous landlord.
- If you’re moving from one place to another, it’s not a bad idea to ask your previous landlord to write you a letter of recommendation.
- This letter should contain how you’ve been a reliable tenant during your stay in their property.