Do you necessarily NEED credit to rent a place? I have no credit at all being that i'm only 18, neither do my 2 friends, moving to San Diego soon

Asked by Shamar Dozier, Bethlehem, CT Sun Feb 19, 2012

Soon as in end of summer, we are hoping we can possibly just pay first 3 months

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6
Rene' De Bla…, , San Diego, CA
Mon Apr 2, 2012
Depends on the invdidual(s) from whom you are renting. If you go through a property management or real estate firm, they will run credit (from three bureaus), whereas if you go through the owner directly, he/she may be more willing to factor in your income, savings, etc., vs. just your credit history.

Hope this helps!
0 votes
Jenny Talasa…, Agent, San Diego, CA
Mon Apr 2, 2012
I would suggest going to US bank and asking for a 500.oo secured credit card! This will get you on your feet!
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Chris DeMarco, Other Pro, San Diego, CA
Mon Feb 20, 2012
As previously mention, no credit is better than bad credit. Often an additional deposit or co-signor would be required. We all started out with no credit until someone took a chance and extend the opportuntiy. Be upfront and honest and most importantly, realize paying your rent, on time, is and should be your most important obligation. Visit our website of available rental listings and let's see if we can find you a home.
Web Reference:  http://fbs-pm.com
0 votes
Fixer Funding, , San Diego County, CA
Sun Feb 19, 2012
You can build credit if you have a family member willing to help. You can be added to a parents account and can also go to your bank and open a secure credit card by placing a a deposit of a few hundred dollars. This should be enough to get you a decent crews it score, just make sure your parents have a low balance and good payment history as you don't want to inherit bad credit either.
Web Reference:  http://fixerfunding.com
0 votes
Sinead McAll…, Agent, Oceanside, CA
Sun Feb 19, 2012
Hi Shamar,
I am a property manager in San Diego. With no credit, I would look at job history, but being that you are relocating... I would most likely ask you to have a cosigner.

Thanks & Good Luck!
Sinead McAllister
858-205-5215
brokermcallister@gmail.com
0 votes
Scott Godzyk, Agent, Manchester, NH
Sun Feb 19, 2012
Some times no credit is better than bad credit but you will need references and a job verification. good luck with your move
Web Reference:  http://www.ScottSellsNH.com
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