Quote:
Originally Posted by lustique
Hi guys,
Just wondering if you can help out - I'm sure this is a common problem among expats in Canada.
I've finally obtained a permanent job which I've started last Monday and so can satisfy the job requirement in obtaining my own apartment. However, many still ask for a credit report in which I don't have any credit history in Canada.
I have yet been able to obtain a Credit Card, because I hadn't had a job til now and even that I'm still awaiting approval with a bank I just inquired with.
How else may I be able to obtain my own apartment without a credit history? Is it possible?
Would appreciate all your suggestions!!
Thanks!
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I recently rented a house in Waterloo, Ontario with no credit report. The property manager is just a one person company and she didn't do much "due diligence" on me. For example I told her how much money I have in my Canadian bank and she said "Ok, you're fine". I didn't have to give her a bank statement or anything like that. However, she does require all 12 months of rent cheques pre-dated for each month - but since I don't have any cheques at the moment (starter cheques only), I'm paying month-to-month. I don't have a job in Canada yet though.
So all that to say... if they are hard-balling you, then shop around for different property managers. It also may depend where you are looking; for example Waterloo is a small city compared to Toronto or Vancouver and small cities may be easier.