How much does credit affect your ability to get an apartment?
Y asked:
i have bad credit, but i dont know what my credit score is yet, i have good rental history have been in the same apartment for 3 1/2 years. how much does credit really affect my chances of moving into an apartment.
Douglas
i have bad credit, but i dont know what my credit score is yet, i have good rental history have been in the same apartment for 3 1/2 years. how much does credit really affect my chances of moving into an apartment.
Douglas
Tags: Apartment, Bad Credit, Moving
October 11th, 2009 at 3:12 am
It shouldn’t affect your ability to move into another apartment. If you have good rental history then you don’t need to worry about not getting an apartment for rent.
They might ask for a little bit of refundable deposit initially but you should be able to rent new apartment anywhere.
Good Luck
October 14th, 2009 at 8:25 am
My credit is worse than anyone I know.
It did not affect me because the landlord didn’t do a credit check.
October 16th, 2009 at 1:21 pm
Well it depends on the landlord.
But for me, a landlord, if I see a bad credit score I take a deeper look at the credit report. For ex. they are trying to make payments etc. But the one next big thing I look at is job/income. Do they have a decent job/career and have they had it for awhile. That to me is one of the most important things. I then call old landlords or current bosses and go from there.
If you have steady income and good rental history you should be fine.
I know some people who are millionaires who have horrible credit. They just always pay their bills late due to laziness, busi ness, etc.
October 17th, 2009 at 2:56 pm
Depends on who owns the apartment building. But a poor credit score shows you dont pay your bills.
January 20th, 2010 at 5:33 am
thank you, very interesting idea