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student loan and credit checks

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Comments

  • panda7190
    panda7190 Posts: 60 Forumite
    edited 20 March 2017 at 6:08AM
    Yes but you can't be asking people why do they earn so little. Not everyone was fortunate enough to get good education or work their way up. There's still us common people that work as retail assistants, restaurant workers, cleaners, etc.

    We've been living in London our whole lives and there's no way we're moving away from here so we're gonna make it work.

    Like I've mentioned we'll ask the agencies whether they'd accept my loan as income, if not either pay some rent upfront or look for private landlords.

    Regards
    190/1378 - 52 week money challenge 2016/17
    £265 - new fivers so far and still going :beer:
  • [Deleted User]
    [Deleted User] Posts: 7,323 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    Like I said, if you go to university, see if their accommodation service can help.

    In my situation (in receipt of benefits) I have had problems finding even one agency that will let me through the door because there are so many prospective tenants who are working (and earning well) - more tenants than properties - so people like me aren't even considered in spite of years of being a good tenant with rent paid on time.

    Can you find a guarantor?
  • D.W.27
    D.W.27 Posts: 12 Forumite
    Any chance either of your parents would be willing/able to be co-signers for you? Whenever I rent to college kids, or people in your age/income bracket that's usually the easiest way to get them approved and give me piece of mind.

    Basically, I'll just run the same credit/background check on https://www.myrental.com/ on the co-signer that I would on the tenants and as long as everything checks out, they're in. I would try to find some property geared toward younger crowds where this sort of thing is more common. I'm sure you can find someone to work with you.
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