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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.