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Updated over 7 years ago on . Most recent reply
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Recently divorced potential tenant
Hello! Does anyone have experience renting to a recently divorced person and evaluating their credit report?
The person's score is 670 and they do not have a history of late payments however the total monthly payments they have equals about $2500 (not including the mortgage, the spouse is keeping the house). They bring home $4k after tax and rent is $930. Some of the debt is their student loans, some are credit cards which some says the person is an authorized user on the account and then there are 2 auto loans. The person says the divorce will be final in January.
Any advice? Seems like a lots of bills but I would think they spouse is paying some of them but I guess there is no way to prove this.
Is the fact that they do not pay late good enough to accept them considering the monthly payments or are they too risky?