Getting Out of Hot Water and Into a Home

Updated

From bad credit to bankruptcy, if you're a renter with financial troubles, you're not alone. According to a recent survey of Rent.com's property managers, 81 percent have seen a decline in the creditworthiness or credit score of prospective renters. Even so, "given the current economic climate, some property managers are willing to bend the rules and make concessions to keep their units occupied," says Peggy Abkemeier, president of Rent.com. In fact, the survey shows that

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