If the landlord goes to court to obtain a judgment on the unpaid two months rent, this will show up on your credit report. Any time an account is unpaid, in collections, judgment or late, your credit report will take a hit.
This may hinder you from obtaining another apartment as that information may be listed under adverse which can remain on your credit report for 7 years.
Your credit report shows your credit useage patterns, it has nothing to do with the quality/source of your income. 1099 is used to report income stuff to the IRS. The credit bureaus won't know about it.
Most negative tradelines due to missed payments will have an impact for about 24 months. If the missed payments are not caught up (e.g., 60 days late, 90 days late, etc.) the impact may last as long as 36 months.
Credit scores are calculated based on ALL the information showing in a report at the time they are requested. That having been said; any derogatory information, like a late payment, that gets reported within the past 12 months would have a significant impact on the score. This impact would be most notable on a consumer's report with no other derogatory information.
There are no companies that give extra credit after three months. First of all, credit cannot be associated with credit cards. Second of all, if one is referring to rewards, then most extra bonus rewards come from purchases within the first 3 months, not after.
14 months
A credit inquiry typically stays on your credit report for two years. However, its impact on your credit score diminishes over time, and it usually does not have a significant effect after the first year.
That is not true. It does affect your credit score, but after 12 months, the amount of impact begins to decline. How much of a decline is based on ALL the factors which impact credit scores.
Usually, it depends on the landlord though. That's how most people with bad credit get an apartment.
Unfortunately all apartment complexes check for credit but some of them will work with you. They may charge you one or two months rent as a security deposit to ensure that you wont break your lease or refuse payment. I would try to rent from a private person if you don't want your credit ran by an apartment complex.
12 months
2 months
If you are paying rent on time for both apartments, there will be no impact on your credit report or credit score. Landlords use credit bureaus to check the credit of potential renters, however, they very rarely report abuse until the renter is many months behind. Having two rental units should not impact your credit score unless you have missed a number of rent payments.
Your credit report shows your credit useage patterns, it has nothing to do with the quality/source of your income. 1099 is used to report income stuff to the IRS. The credit bureaus won't know about it.
A late payment on your credit card bills can gradually ruin your credit card rating if you continue on failing to meet the bills for consecutive months. The penalties will be carried on month after month, thus ruining your score.
Few traditional property owners or management companies will rent an apartment to you if you have demonstrably bad credit. Some ways to manage that include: * Putting down a higher security deposit (3-6 months instead of 1-2 months) * Ask someone with better credit to apply with you and then have them "leave" the rental after a month * Look for apartments next to or very close to colleges and universities - property owners tend to be a bit more lax in those areas
Most negative tradelines due to missed payments will have an impact for about 24 months. If the missed payments are not caught up (e.g., 60 days late, 90 days late, etc.) the impact may last as long as 36 months.
Will bedbugs can live in an apartment that has been empty for 10 weeks?