Landlord Question and Answer Forum
THis is the first time I have rented our place. One of the potential tenants passed the credit report however there is essentially no credit history. What does this really mean? Do I need to take any further steps?
Kelli J, CO on Sunday, November 23, 2014
RE: Credit reports
No credit is not a bad thing. This actually could be good. The truth is many people especially younger people may not have credit built at all. Though this is becoming less common these days. The thing you want to check for if they do not have much credit would be that they do not have any kind of collection or liens against them unpaid student loans etc. Any utility company collections. These are things to look out for. Any other further step would just be a criminal report make sure that you have checked for that.
Posted by
Richard W, PA
on
Sunday, November 23, 2014
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