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If one spouse has bad credit and the other spouse has good credit, can they still qualify for the Insurent® Lease Guaranty?

April 26, 2017bad credit credit good Guaranty insurent® lease qualify spouse

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If one spouse has bad credit and the other spouse has good credit, can they still qualify for the Insurent® Lease Guaranty?

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If your client’s spouse is signing the lease, he or she must also complete an application. Similar to when they would apply for an apartment lease, if they file a co-application, both applications will be reviewed. In any circumstance under which there is more than one signatory on a lease, credit problems for any of the applicants could affect the approval decision. In such cases, it is still possible to qualify with only the person having good credit being the signatory on the lease and the other person being solely an occupant. We may decide to put the occupant as a signatory on the Insurent Tenant Participation Agreement wherein both of you will be joint and severally liable.