Is it possible to find housing without a credit history?

Finding a place to live in Calgary without a credit history is a realistic task, albeit one with some difficulties. Many newcomers, students, or people who have never used credit before face the fact that landlords in Canada are used to checking credit history as one of the main criteria for tenant reliability. However, the lack of a credit history does not mean that it is impossible to find housing. Below, we'll take a look at the specifics of finding a place to live in Calgary without a credit history and give you some practical tips.

Features of renting a house in Calgary for newcomers without a credit history

  • Landlords in Calgary often require proof of solvency, which usually includes a credit history, employment letter, references, and bank statements.
  • Newcomers with no credit history can show that they have enough money to pay several months' rent in advance.
  • The support of a local guarantor or references from previous landlords or employers can significantly improve your chances.
  • It is important to keep in mind that most landlords rent from the first day of the month, and rental ads appear 1-2 months before the property is vacant.

Practical tips for renting a house with no credit history in Calgary

1. Provide a savings statement or bank statement

Showing the landlord that you have enough money to pay the rent for several months in advance is one of the best ways to compensate for the lack of credit history. This can be an official certificate or a bank statement.

2. Offer to pay the rent in advance

Paying 2-3 months of rent in advance often convinces the landlord that you are a reliable tenant and can replace a credit check.

3. Consider sharing or subletting

  • Renting a room in an already rented apartment (subletting) or co-signing a contract with someone who has a good credit history can help you avoid the requirements of a credit check.
  • You can search for such offers on Kijiji, Craigslist, and local Facebook groups.

4. Pay attention to private owners

Private landlords in Calgary are usually more flexible in their requirements and may accept a tenant with no credit history, especially if you can provide other guarantees.

5. Prepare references and a cover letter

Recommendations from previous landlords, employers, or volunteer organizations increase your credibility. In your cover letter, you should mention that you are ready to pay the rent in advance and have a stable income or savings.

6. Pay attention to the rental rules

Landlords may impose additional conditions: a ban on pets, noise restrictions, cleaning responsibilities, etc. Read the terms of the lease carefully.

Additional resources for finding accommodation in Calgary

  • Airbnb: the ability to rent a home for a month or more, which can be an option for temporary accommodation while looking for a long-term rental.
  • Kijiji, Craigslist: popular platforms for finding rentals from private owners, where you can find options without strict credit history requirements.
  • Local Facebook groups**: often contain announcements about shared or subletting.

The cost of renting a house in Calgary

  • The average cost of renting a one-bedroom apartment in downtown Calgary starts at around $1000 CAD per month, but prices can vary depending on the neighborhood and conditions.
  • The rent usually includes heating and water, but electricity and internet are paid separately.

Conclusion

Finding a place to live in Calgary with no credit history is quite possible if you are prepared and use the right strategies:

  • Show financial stability through proof of savings or payment in advance.
  • Consider a joint lease or sublease.
  • Look for housing from private owners who may be more flexible.
  • Prepare references and cover letters. Remember to read the terms of the lease carefully and check the reliability of the owner to avoid fraud.