Many times people with bad credit (or no credit) will have a local boss, friend, or family member act as their guarantor. It makes me feel more comfortable because I make sure the guarantor has ample income and good credit. You can always offer to pay a double security deposit or pay a few additional months of rent in advance as well.
Please also check my blog - Get your rental application to the top of the stack. 4 proven tips to get your rental application approved. http://www.trulia.com/blog/JessicaAcker/2011/09/getting_your
Jessica M. Acker
Wellman Realty Company
1415 Stanford St., Suite #4
Santa Monica, CA 90404
Direct (310) 828-3132
DRE License # 01894323
It is always best to be honest to your future landlord and disclose your credit report issues before you apply .
It is also a good idea to be prepared to offer a large security deposits so that the landlord can feel safer with you as a tenant.
Hope this info will help you!