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Reply to "prospective tenant seemed perfect until the screening application - WWYD"
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[quote=Anonymous]Landlord here. Two approaches: 1. If you want the tenant, tell them you'd like to have them, but they don't qualify due to their credit report. Too much debt. Ask them if they can offer up an idea on how to handle this. For example, having their parents co-sign, or paying some months in advance or a larger deposit. Beware that in many states, there is a statutory limit of 1 or 2 months rent as deposit. In that case, just reword the lease so it's paid quarterly (again, check the rules), so you have 3 months up front each quarter. 2. Deny. Sorry, you did not pass the credit check. That's it.[/quote]
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