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