No credit check rentals -- what's the deal?
July 12, 2007 1:44 PM Subscribe
I'm househunting (for rent) and sometimes I'll see on Craigslist a place that says "no credit check / no security deposit", even for fairly nice looking houses. This seems like it would attract all the deadbeat renters who can't get approved elsewhere. Why would a landlord/mgmt company risk losses on the house this way? Should I be extra alert when dealing with such a listing?