Residential Renters
Tenants or prospective tenants of residential properties, start your journey here.
Padder Guarantor
- What is Padder Guarantor?
- Why would my landlord ask me to apply for Padder Guarantor?
- How is Padder different from a co-signer or parental guarantor?
- Do I have to use Padder to rent this unit?
- Am I eligible for Padder Guarantor?
- Can I apply if I’m new to Canada, self-employed, or have no Canadian credit history?
- What types of renters may not qualify for Padder?
- How much does Padder Guarantor cost?
- Is the fee refundable if I don’t move in or change my mind?
- When do I pay the fee?
- What does Padder Guarantor cover?
- Does Padder Guarantor protect my rent payments or just the landlord?
- Does applying for Padder affect my credit score?
- Will Padder contact my employer, bank, or previous landlord?
- What documents do I need to apply?
- How do I start my application?
- How long does the application take?
- Can I apply before I’ve found a place to rent?
- Can I use Padder at any rental property?
- What happens after I’m approved?
- Does Padder replace my last month’s rent or a security deposit?
- What happens if I miss a rent payment?
- Will Padder notify me before taking any action on missed rent?
- What should I do if I need help making a payment or fall behind on rent?
- How long does Padder coverage last?
- Will my coverage renew if I stay in the unit after the first year?
- How do I renew my Padder Guarantor coverage?
- Can I transfer Padder coverage to a new unit or lease?
- Who do I contact if I have questions or need help?