Landlords

Jamie,

He would have only been notified IF the credit report was the reason he was denied, there's a lot more reasons for denying an application than that.

Sassy

 

Re: Landlords (long rant sorry)

Why is this any different than creditors having the CRAs?

Landlords have a right to expect payment just as do creditors.

 

If it is California, at least, they have to give you something like this:

ADVERSE ACTION LETTER

DEAR

Thank you for your recent application to rent XXX
Regretfully, we are unable to approve your application at this time. The denial of your application was based on the following reason(s):
[ ] Information contained in a consumer report obtained from one or more of the consumer reporting agencies listed below:
[ ] Information obtained from a source other than a consumer reporting agency.(You have the right to disclosure of the nature of this information, if you make a written request to us within 60 days of receiving this letter. The Fair Credit Reporting Act requires that we respond to your request within a reasonable period of time, or within 30 days of receipt of your request with respect to information received from an affiliate.)
[ ] Other [Explanation]__________________________________________________
In evaluating your application, the following marked consumer reporting agency(s) provided us with information that in whole or part influenced our decision. These consumer-reporting agencies did not make the decision to deny your application and cannot explain the reasons for the denial.
Credit Bureaus
[ ] Experian (TRW), Attn: NCAC, P.O. Box 2002, Allen, TX 75013 (888) 397-3742
[ ] Trans Union, Consumer Disclosure Center, P.O. Box 1000, Chester, PA 19022 (800) 888-4213
[ ] Equifax (CBI), PO Box 740241, Atlanta, GA 30374 (800) 685-1111
Civil Records/Criminal Records/Registry Scorex â?¢
[ ] CrimCheck America, Inc., Attn: Consumer Relations, 11140 Rockville Pike, PMB 1200
Rockville, MD (888) 333-2413
[ ] Other___________________________________________________________________
YOU HAVE CERTAIN RIGHTS UNDER FEDERAL AND STATE LAW WITH RESPECT TO YOUR CONSUMER REPORT. IF YOU REQUEST A COPY OF THE ABOVE INFORMATION IN YOUR CONSUMER FILE FROM ANY OF THE CONSUMER REPORTING AGENCIES MARKED ABOVE, WITHIN 60 DAYS OF RECEIVING THIS DENIAL, YOU ARE ENTITLED TO A FREE COPY OF YOUR REPORT. YOU HAVE THE RIGHT TO DIRECTLY DISPUTE WITH THE CONSUMER REPORTING AGENCY THE ACCURACY AND COMPLETENESS OF ANY INFORMATION FURNISHED BY THAT AGENCY.
Authorized Signature_________________________________________________ Date:_________________
Rev (01/02)

 

1* Tenants think they have a right to misuse things and it's ok just make the owner fix it.Had one who tried cooking with hotplates and electric skillets while heating the whole house with an Elect. space heater in every room.Complained the fuses kept blowing wonder why they blew?
2*Come to this state be a land lord change your mind.
3*The land lord has a right to protection from bad renters just the same as creditors try to protect themselves from bad borrowers.
4*All these factors come into play for lenders that's why they have the CRAs.Why does the land lord deserve any less??
5* You are sadly mistaken on this.

 

I got out of it .To much agrivation and all too often loosing too much money.

 

I sympathize with the good landlords who have bad experiences with problematic tenants. However, I don't believe that most landlords are as victimized as they would like everyone to believe. Renting a property is quite a responsibility, and yes, it does require that the landlord reinvest some of his profits to cover the maintenance and upkeep of his property. While it's true that tenants do sometimes break things, it's also true that things sometimes break because of poor maintenance, neglect, and normal wear and tear. Landlords tend to think that it's always the tenant's fault when something does break.

The real issue here, however, is whether or not landlords are entitled to run endless "background-credit checks" (and anything else they feel like inventing in the meantime), charge money for doing the same, and then ultimately deny all applicants except for the "lucky" one that the landlord deems acceptable to have the privilege of living on his property. Why should an applicant be required to pay fees for an administrative procedure that the landlord is using to protect HIS business interests?

Financial institutions DO NOT normally charge fees to conduct credit or background checks when processing loan or credit card applications. If a bank doesn't want to extend you credit, they will simply send you a letter and tell you so. On the other hand, landlords want to have it all. They not only want to be able to check background information that may or may not be indicative of the kind of tenant someone will be, they also want the applicant to pay for it. The landlords must make a lot of money from all of those applicants who get turned down.

Landlords will never have the same argument as banking institutions when it comes to doing "checks" on applicants, regardless of what landlords want people to think. Banks loan you money, and in many cases, without even asking for collateral. However, landlords don't loan or give you anything without first charging a substantial SECURITY DEPOSIT to the tenant, which all but guarantees that the landlord will lose no money. Most people will pay their rent when they pay for nothing else anyway.

 

Not Quite.

 

That's why I live in apt complexes.

I am currently renting, I doubt I will get the deposit back because my 2 year old has basically destroyed the carpet and the door stoppers and colored the walls. But, if I do I will be happy.

If I have a problem, I simply get on the phone and call the leasing office. It's fixed within 24 hours.

I don't think I would get the same service if I rented a house.

 

My uncle used to say:
There ain't no such thing as a good renter.

 

I was a "PERFECT" renter...

 

I took care of the RENTALS better than I do my house...

...mostly because it was a "RENTAL" and a week or so PRE-FORCLOSURE...(out of state owner)...

 

To bad he never met you.

 

Renters think the landlord is rich and owes them everything.
They think he is making a killing from the rent.
The landlord owns two homes and I
can't even afford to own one so he must be rich.
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
If only people would be as demanding of Bankers as they are of Landlords we would see a big improvement in the credit industry!

 

1*Maintenance and upkeep are losses not profits.
Frequently replacing water faucets and broken windows and excessive hiring of a plumber to unplug drains cloged by diapers,plastic shopping bags and other non flushable items is not normal wear and tear,poor maintenance or neglect.Neither is busting holes through the drywall.

2*Landlords have the same rights to payment and protection from loss as bankers or anybody else.Checking reports aren't free to the landlord. The cost has to be covered this way or by higher rents.

3*Banks charge for it for housing same as landlords do.How is the landlord making money on this when the fee goes to the information provider?

4*Banks always have the home for collateral.Not so for landlords.

 

A*Yeah Right!
It don't tale long to eat up the deposit and leave you holding the bag!

B*Yeah Right Again.Renters expect the landlord to pay their others bills for them when things get tight for them!
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
I've had em tell me more than once I can't pay all the rent this month have to pay the elect, gas,phone or something else.

After doing that to me 4 months in a row I asked one guy why not skip somebody else for a change?
``````````````````````````````````````````````
It's bad enough I have to give him free rent but now I gotta pay his bills for him too:!

 

I SOOOOOOOOOOOOOO agree with you lbrown!

Sassy

 

I'm glad you do!

Maybe now you can help me set
Tmitchell & Dancer Straight.

 

Why on earth would any landlord, who is obviously a superior member of society because he is in debt for a piece of property, lower himself to rent his valuable real estate to a lowly renter?--who by the way, is usually paying the landlord's mortgage with his rent payments, while the landlord can live somewhere else and feel real important because he does indeed "own" (at least until he falls behind on the payments) more than one house. If a landlord can't handle the heat of owning more than one property, of which one is rented, then he should look for alternatives.

There seems to be an assumption that renters are somehow less or envious of landlords, which of course would imply that landlords are superior and have something to envy. The bad landlords are pathetic imitations of Donald Trump who seem to feel they have all the rights and reasons simply because they are the owners of something more than their monthly bills.

On the other hand, the good landlords rarely have that many problems with their tenants because they don't put their tenants on the defensive right from the beginning. The landlords who are complaining about their terrible tenants must be pretty bad judges of character if they've had to rely on credit bureaus and record keeping services to make a decision whether or not to rent. An old fashioned conversation with the normal references seems to work quite well for most people.

Many renters are owners too, so it's a mistaken notion that it's always the owners vs. the tenants. Most landlords are a lot more reliant on tenants to make ends meet than they would have anyone believe, so while they like to complain about the trash that's renting their place, they sure do like the check they receive on the first of each month. When they're asking for so many references from a would be renter, they're really trying to see if the future tenant is solvent enough to keep making the monthly payments on the property--because they usually can't do it themselves.

Most landlords are good and decent, but so are most tenants.