Utilize Rent Coverage from TheGuarantors 1
For many landlords, traditional screening criteria such as credit scores and steady income sources are vital for assessing risk. But with today’s growing diversity in renter profiles, including unique work arrangements, not every qualified tenant will meet these standards. That’s where TheGuarantors’ Rent Coverage product comes into play. TheGuarantors provides coverage that acts as a safety net for landlords by protecting against losses from defaults, damages, vacancies, and lease breaks—all without increasing a landlord’s operating expenses. This service is particularly beneficial when renting to freelancers, gig workers, international students, recent graduates, or non-U.S. citizens, who might not have an established credit score and/or consistent income flow. For example, consider an international student studying abroad in the U.S. with minimal income and no credit history. With TheGuarantors’ Rent
Coverage, landlords can feel secure, knowing that missed rent payments will be covered. Instead of spending your valuable time chasing down guarantors, TheGuarantors serves as cosigner, saving you time and minimizing your losses. This solution can be particularly advantageous in markets where student housing is in high demand or properties near universities, where landlords might see high turnover and fluctuating income risk. The benefit of this coverage extends to tenants far beyond the student demographic; for example, for a freelancer who may not yet have a regular, full-time income, this product serves as a buffer against potential income instability. Rent Coverage from TheGuarantors can also serve as a bridge for non-U.S. citizens who may have a high-paying job but lack the credit history or social security number typically required for leasing. By stepping in as a guarantor, TheGuarantors makes it possible for landlords to qualify these tenants without added risk.
RENT COVERAGE FROM THEGUARANTORS CAN ALSO SERVE AS A BRIDGE FOR NON-U.S. CITIZENS WHO MAY HAVE A HIGH- PAYING JOB BUT LACK THE CREDIT HISTORY.
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