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technion | 1 month ago

All the properties ive rented over the last decade required an application with "full financial transaction history" for three months. I know ive submitted a statement before where a lot of expenses were "paying off credit card" and they complained the credit card expenses werent shown. I would have to imagine a rental agent looking at months worth of pornhub spending is going to count it against you.

Ive never been hit by something like this but I have friends who have:

https://www.reddit.com/r/personalfinance/comments/12s8257/la...

(Maybe this is just the horrendous Australian market talking).

discuss

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triceratops|1 month ago

Wtf they ask for bank and credit card statements to rent an apartment in Australia? You don't have credit bureaus and pay stubs?

sublinear|1 month ago

That's absurd and error prone for even the most cooperative of tenants. What does "full financial transaction history" even mean? Lazy and corrupt is what it means.

If they're too cheap to pay for a basic background check, there's no telling what kind of shady people will be your neighbors or how unmaintained those apartments are. Just find somewhere else or provide the bare minimum that will convince them (checking account only). Clearly they have no way to find what else you have, and nobody else is taking this that literally.

technion|1 month ago

Whilst I agree in principle, its a bit like saying "never apply for a job that requires whiteboard coding or leetcode questions". Our rental market is abysmal and people can spent months sitting through rejections, without doing more of their own.