Who usually needs Padder Guarantor?
Renters who do not meet the usual financial requirements to qualify for a lease often need Padder Guarantor. These renters include:
- Self-Employed Individuals: Those without a traditional income structure.
- Recent Graduates: Individuals who have just entered the workforce and may lack sufficient credit history.
- Job Seekers: People actively seeking employment who may not have a steady income.
- Individuals with Lower Credit Scores: Renters who may have had financial difficulties in the past.
- International Residents: People new to the country who do not have an established credit profile.
- Atypical Credit Profiles: Anyone with a hard-to-evaluate credit profile, making it challenging for them to meet standard leasing criteria.