Our team at RentBacker apartment guarantors is comprised of former leasing agents, apartment brokers, mortgage brokers, realtors and attorneys with decades of experience in the industry.
From New York to Chicago to LA, about one-third of applicants who are employed and make good money are being turned away due to credit issues.
Something had to be done. So we did it.
Our approval system is based on verifiable fact. We've engineered a program that uses a non credit-based approval model. We instead use a proprietary, self-developed approval model in which decisions are made based on rental history, income, employment history and other real-world financial indicators instead of a credit score.
We've found credit scores to be misleading and almost worthless. In most cases they don't paint an accurate picture of an applicant. And we've been right 99% of the time.