The purpose of a tenant credit check is for your landlord to better understand whether you can afford the property you are applying for and to assess your payment behaviour. In other words, will you be able to pay the rent and if so, will you make your rental payment a priority.
Life is often less than ideal and can take a tricky turn unexpectedly. If you currently find yourself in a similar situation, it is important to be equipped with the steps to a healthy credit record:
If you find yourself in a situation where you are not able to meet your payment commitments on time and in full, speak to your credit provider first to negotiate new payment terms rather than defaulting and allowing your credit record to reflect an inability to manage your finances.
Your potential landlord is looking for a tenant who takes their payment commitments seriously and with step by step consistent action, that could be you.