Jendela360 Blog

Have you ever thought that a bad credit history will be difficult to find an apartment?

You try to get an apartment but your transaction history didn’t make it easy.

Usually, the landlord or property manager will check your transaction history before you are allowed to rent it.

If they found that you’re the kind of person who always late to pay the bills, they will probably reject you.

And it confuses you to find the way out, right?

Read this article until the end to solve your bad credit problem, because we are giving you the 7 tips of how to rent apartment with bad credit.

1. Find a Job With High Salary

It doesn’t matter if you have bad credit or late to pay the bills before.

In the past, maybe you have trouble to pay the bills because you are unemployed or just getting fired from your last company.

But if you have a high salary than the minimum wages, the landlord will consider it.

I will give you an example. Jakarta is the best place to get a job for Indonesian or expatriates.

A fresh graduate student will get a salary from 3.7 Million Rupiah to 5 Million Rupiah per month. In the US Dollar currency, it’s around 250 – 350 US Dollars per month.

It’s small right? But in Indonesia, it’s quite high.

They prefer to live in “kos” because it’s cheaper than apartment.

But for expatriates who live in Indonesia or Indonesian who have high salary about 15 Million Rupiah to 30 Million Rupiah is easy to find an apartment, even the landlord will ignore your bad credit in the past.

If you have a high salary, you are able to pay your needs, able to pay your apartment bills, and still have money to spend during a month.

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2. Get a Co-Signer

The second tips of how to rent apartment with bad credit is to get a co-signer.

Ask your friend or your family who has good credit in the past to help you. Usually, the landlord will accept you to rent because your co-signer never had bad credit before.

But to find a co-signer are kind of difficult. To find a good one, you must convince them that you will pay the bills on time. It takes a long time to get a right co-signer but when you get one, don’t disappoint them.

3. Pay More Upfront

The next tips of how to rent apartment with bad credit is to pay more upfront.

Convince the landlord or property manager that you are able to pay more upfront. More payment in the upfront always attractive for the landlord.

Besides, it will reduce your monthly payment than supposed to be. Just because you pay more doesn’t make you act like a boss, you have to still remember your bad credit history.

When the time of payment comes, you have to pay it on time. Don’t make your landlord think bad about you anymore.

4. Automatic Payments

The next tips of how to rent apartment with bad credit is using automatic payments. This one may only need small efforts to do.

You must register to the bank or just use the internet banking. If you use the internet banking, first step is to setup the amount and the destination account which is your landlord account. And then you must setup the date, start date & end date.

The money in your bank account will automatically move to your landlord bank account according to the amount that you setup before on internet banking for every month until the loan lease period is complete. Using the bank system that I mention before. It’s called periodic transfer.

You have to convince the landlord that you are able to do this.

Don’t forget to spare your money between your daily needs (food, transportation costs, etc) and your rent apartment bills. If you are able to manage it, that will be good. But if not, you will be on a tight budget every single month.

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5. Be Honest and Show Your Effort

You have to be honest to your landlord why you got bad credit before and tell the truth.

The are so many reasons why people had a bad credit in their past. Like their company went bankrupt, so they are unable to pay the rest of the credits. Or they just getting fired from their job. And some other reasons who made someone unable to pay the credit on time.

Some people think that it’s an embarrassing thing for them, so they prefer to hide it from everyone.

If you didn’t say it to your landlord, they will think that you had bad money management. But if you are saying your reason to the landlord, they might understand it and allow you to rent the apartment.

Don’t forget to let them see your effort that you’re not like you in the past anymore. Don’t forget about this one!

6. Get a Roommate

The next tips of how to rent apartment with bad credit is to get a roommate.

Getting a roommate could be one of the best options to rent apartment. Find a roommate who can share the bills with and able to pay on time. When you get the roommate, the next step is to find the apartment that suits on you two.

And don’t forget to make sure that your roommate don’t have bad credit history in the past. You can ask them personally, but they could be lying to you and it’s your choice to believe them or not.

And the other advantage of share living is you can pay half of the bills.

If you have nobody to share living place, you can find it on Roomster. A roommate finder website.

7. Paying More Than a Fixed Price

The last secret of how to rent apartment with bad credit is paying more than a fixed price.

Let me give you an example, if the apartment rental price is 4 Million Rupiah per month, tell the landlord that you will pay 4,2 Million Rupiah per month.

The landlord will consider your offer and probably let you rent it. If they reject your terms, find another one who want to accept your term.

How to tell the landlord your bad credit history?

You can use websites like annualcreditreport.com to make a free report about your credit in the past. Unfortunately, it doesn’t support all countries. Try using another website like CreditKarma, CreditSesame, or Quizzle if AnnualCreditReport service doesn’t support in your country.

Conclusions

So that’s all the 7 tips how to rent apartment with bad credit. I know how hard to get an apartment with a background like this but it doesn’t mean that’s impossible, there is a way to figure it out that you don’t know.

Hopefully, this article will help you solve your problem.

And don’t forget to visit Jendela360 to see the list of apartments in Jakarta, Bekasi, Tangerang, Depok, Bandung, Malang, and many more.

So whenever you want to rent an apartment in Jakarta, I hope the first thing in your mind will be Jendela360.