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Updated over 9 years ago,

User Stats

604
Posts
327
Votes
Chris Adams
  • Contractor
  • Valparaiso , IN
327
Votes |
604
Posts

23 year old applicant w 0 credit score

Chris Adams
  • Contractor
  • Valparaiso , IN
Posted

I have a 23 yo tenant applying for one of my SFR and he has a 0 credit score, with no credit history at all. He is recently out of college and has relocated for a position as an engineer with a large orthopedic company.

He says his parents paid for his college and his car. Thus no credit history.

His application says his salary is 60k/yr, so he's around 6x's rent/income

I commonly rent to relocating employees, they start off with 12-18 month contracts. These company screen employees well and I always have good luck with their recruits.

Im meeting with him tonight and he is going to bring a couple pay stubs to prove income. I guess will make my decision on character.

Wondering how others deal with this.

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