If you are hunting for an apartment, you should pass through numerous steps before actually moving in to the place. The landowner has rights to ask various personal questions including your employment details, the number of people who would be staying with you, your phone numbers, previous addresses, etc. He/she also has a right to ask for your credit history to be sure that there have not been any mishaps. You might be wondering what the landlord would do with this information. Well, he/she can analyze whether you would be able to pay you rent on time by simply looking through your credit history.
With the sudden down turn in economy in the last few years, many people have taken a bad beating due to recession. Owning a bad credit history might have a serious impact in you getting an apartment for rent. A large number of people have been directly affected by recession leading to negative credit history denting their image considerably.
If you are one of them, it is time you cheer up. You have numerous apartment owners who are renting out their property without going through your credit history. This is called no credit check apartment. Here the landlord would simply view your employment status and perform a thorough background check to make sure you are not involved in any legal or criminal activities. No credit checks are extremely useful for students or graduates who have just passed out from university because they will not have huge salary or a history of using credit cards either.
However, remember to check up the place thoroughly before agreeing to sign the lease contract.