Joseph741852 Posted September 2, 2023 Share Posted September 2, 2023 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, 2023 Share Posted September 2, 2023 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, 2023 Share Posted September 2, 2023 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, 2023 Share Posted September 2, 2023 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, 2023 Share Posted September 2, 2023 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, 2023 Share Posted September 2, 2023 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, 2023 Share Posted September 2, 2023 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
MissCanuck Posted September 3, 2023 Share Posted September 3, 2023 What country are you in, OP? Link to comment
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