Hi All,
Would you rent to this couple (Ontario)?
The scenario is as follows:
Male
Monthly income (net): $2100
Credit score 715
With same employer for several years
Female
Monthly income (net): $1600
Credit score: 515
With same employer for two years.
Reason for poor score - irresponsible with credit card in college.
They did present themselves as a nice respectful people although not sure that really means much. My question to everyone is twofold:
1) At $1400/month + utilities, do you think this couple's net income can support this rental (assuming that they do not have any significant other debt)?
2) Does this applicant warrant further investigation or should I dismiss this and move on.
Any insight would be very much appreciated.
Thanks
Would you rent to this couple (Ontario)?
The scenario is as follows:
Male
Monthly income (net): $2100
Credit score 715
With same employer for several years
Female
Monthly income (net): $1600
Credit score: 515
With same employer for two years.
Reason for poor score - irresponsible with credit card in college.
They did present themselves as a nice respectful people although not sure that really means much. My question to everyone is twofold:
1) At $1400/month + utilities, do you think this couple's net income can support this rental (assuming that they do not have any significant other debt)?
2) Does this applicant warrant further investigation or should I dismiss this and move on.
Any insight would be very much appreciated.
Thanks