If you have, bad credit while applying for a new place of residence the property owner can ask for first month's rent, a last month's rent payment, a security deposit, and the cost of a new lock and key. In Ohio, there is no statutory limit on security deposits at the state level. These fees can be up to 1000’s of dollars due to bad credit. Nevertheless, with good credit, most of these fees are waived. Therefore, let Credit Remedy be your guiding light to better credit.