The phrase represents a particular search question indicating a person’s need to find rental properties of their rapid neighborhood the place the owner or property supervisor doesn’t require a standard credit score historical past assessment as a part of the applying course of. This typically appeals to people with restricted or broken credit score histories who nonetheless require housing.
Such a housing search is more and more vital attributable to elements resembling rising housing prices, financial instability, and the rising variety of people with non-traditional employment. Circumventing typical credit score checks can present entry to housing for many who would possibly in any other case be excluded, selling higher housing accessibility and probably lowering homelessness. Traditionally, reliance on credit score scores has disproportionately affected sure demographic teams, making different screening strategies probably extra equitable.
