Fed Financial
financial help??
I live in florida, and I was wondering why section 8 landlords are doing credit checks? I thought that section 8 is for low income people who are experiencing financial problems and now they are saying that you have to have a good credit rating, and are denying people who have problematic credit. I can understand if there were evictions, but I have no evictions on my record and they still rejected me. my credit is not perfect, but it is better than others. There is a reason why people apply for rental subsidy such as section 8; because they can't necessarily afford to live at a more expensive place, so of course applicants may have a few dents in their credit. Why are they doing this when they are supposed to be helping people who aren't that financially stable?
Public Comments
- When a landlord leases his/her property, they are putting a large amount of financial collateral into the hands of the tenant. The credit rating provides an insight into how the persons has responded to other instances in which tenant has respected or disrespected situations involving a financial "trust". Right or wrong... there seems to be a correlation between past credit responsibility and they way tenants care for (respect) the leased property. If there is something you can do to repair or explain your credit problems, you should do so up-front. Good luck!
