Landlords would be banned from checking credit scores to decide whether to rent to would-be tenants under a new bill being introduced in the City Council.
Councilman Mark Levine’s legislation would also bar a slew of other factors that owners commonly use to pick tenants — including medical debt, consumer debt judgments, and debts that have been sent to collection agencies.
Owners could still run detailed credit reports and use other information on them, including history of bankruptcy, foreclosure, delinquencies on current debt, and how much total debt a tenant owes, to make their decision.
“We don’t want people who have had tough times financially to be blocked out of the housing market. If that happens they’re going to end up in homeless shelters” said Levine (D-Manhattan).