Said It Here

How to rent an apartment with no credit history

First-time renters often face steep hurdles when applying for housing because they have a thin credit score and limited income. This makes it difficult to pass standard background and financial screenings, leaving young movers stuck without a clear path to secure an apartment.

What people tried

Every workaround mentioned in the threads below. We haven’t tested any of them — and nobody here is claiming they worked.

  1. 1
    Ordering necessities online instead of walking or taking public transit to stores
  2. 2
    Using expensive rideshare services like Uber
  3. 3
    using a credit card strictly for regular bills on autopay and paying the balance off monthly
  4. 4
    using a cosigner for apartment rentals
  5. 5
    offering higher security deposits to landlords
  6. 6
    Buying a car outright instead of renting
  7. 7
    Using a secured credit card for small everyday purchases and paying it off immediately
  8. 8
    Paying higher deposits or rates for services and insurance

In their words

Unedited, most upvoted first, each linked to the thread it came from.

So far, we've had one problem caused by not having a credit card; after landing, we were unable to rent a carsource ↗

ManowarUK · r/personalfinance · 67 upvotes

my main concerns I think are that I've never rented before, my credit score is thin because I'm young and just never really built it, and just general moving jitters.source ↗

bangpowboom666 · r/moving · 4 upvotes

Hi, I was wondering if I were able to get a 3k loan from a credit union easily despite not having a “credit” history?source ↗

My car needs to be fixed and I don’t really want to buy another since this one’s paid off and I’m not very liquid on cash atm and have until next month before I don’t have a ride to work.source ↗

fatherstretchem · r/personalfinance · 2 upvotes

Unless you are staying there for the rest of your life, it may come up literally every time you rent somewhere new.source ↗

MonicaLane · r/personalfinance · 1 upvotes

My employer for example has restricted covenants on carrying credit card debt while being employed.source ↗

Inebriated_Economist · r/personalfinance · 1 upvotes

I'm worried if after uni I wanted to rent and they ask for a mandatory credit scoresource ↗

Apprehensive_Pop5238 · r/personalfinance

Where this came up

People with this problem also raised