PandaGuarantee

PandaGuarantee is a New York-based lease guarantor and deposit insurance provider designed to help renters secure apartments without the need for a traditional U.S. co-signer. Whether you're an international student, a recent graduate, or a young professional without an established credit history, PandaGuarantee gives you a faster, more affordable way to qualify for housing—while offering landlords strong financial protection against default. PandaGuarantee functions similarly to established players like TheGuarantors and Insurent but improves on the model by offering lower fees to tenants, faster approvals, and a more responsive claims process. Coverage is backed by an A-rated insurance carrier, giving landlords confidence that they will be paid in full if a tenant fails to meet their lease obligations. The process is simple: tenants apply online, submit basic documentation (such as proof of income or enrollment), and receive a decision—often within hours. Once approved, PandaGuarantee issues a certificate directly to the landlord, covering the full term of the lease. If the tenant defaults, PandaGuarantee pays the landlord and pursues reimbursement from the tenant, removing the need for landlords to chase down missed rent. For renters, the service removes one of the biggest hurdles to finding housing in NYC’s competitive market: qualifying for an apartment without a guarantor. For landlords, it reduces friction, cuts vacancy time, and provides a streamlined, no-cost safety net. PandaGuarantee also offers deposit insurance as an alternative to traditional cash deposits. This lowers move-in costs for tenants while giving landlords the same protection against damages or unpaid rent. If you're a renter struggling to qualify, or a landlord tired of taking chances on tenants without backup, PandaGuarantee offers a modern, cost-effective solution built for New York’s rental market.