Joseph741852 Posted September 2 Share Posted September 2 I am trying to rent an apartment and the landlord is asking for Bank Statements. But I get paid in cash? What can I do to get proof of income? Link to comment
1a1a Posted September 2 Share Posted September 2 Do you have a bank account? If you have one start depositing your pay so you have a paper trail that’s rental friendly. If you don’t or you do but you want to keep this money under the table, you could try maybe getting a statuatory declaration from your employer and or yourself saying that you are indeed employed and receive regular income. Finding a way to put the money in the bank really will be your best bet though for getting a rental. Link to comment
Wiseman2 Posted September 2 Share Posted September 2 3 hours ago, Joseph741852 said: I am trying to rent an apartment and the landlord is asking for Bank Statements. But I get paid in cash? What can I do to get proof of income? Ask your employer for a written statement. Banking information as well as proof of employment/ income is pretty standard. 1 Link to comment
Batya33 Posted September 2 Share Posted September 2 I believe we/I had to do a credit check as part of the rental application -not sure about bank statements but I did list my employer I'm sure on the application Link to comment
boltnrun Posted September 2 Share Posted September 2 Getting paid in cash has nothing to do with bank statements. I presume you deposit the cash into your bank account so there should be a record. I had to provide pay statements as well as bank statements. Standard practice. Landlords don't want to rent to someone who doesn't have a provable income. Provide your bank statements that show regular deposits of your pay. Also ask your employer to provide statements of what you have been paid. 1 Link to comment
catfeeder Posted September 2 Share Posted September 2 This is the original term for ghosting, as opposed to the dating term. It means you have no credit record, which actually makes it riskier for a lender or a landlord to do business with you than having a bad credit rating. You may need to live somewhere that accepts cash until you can open a bank account and establish some regular transactions. I’d also ask the bank for a starter credit card where you charge some things that you can afford to pay off regularly. Link to comment
Cherylyn Posted September 2 Share Posted September 2 I agree, get employment records from your employer and go to your local bank and open a bank account. Even though I hadn't rented an apartment in a long time and currently reside in a suburban house, I do remember having to prove employment, credit history check and on the application form itself, I listed my local bank. Perhaps times have changed and a bank statement isn't necessary. Nonetheless, if the landlord insists upon a bank statement, it couldn't hurt to open up a new account and present your bank statement if you want to become a tenant sooner. Hope it works out for you! 🙂 Link to comment
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