You might have to INCREASE the amount of down payment to get it.
Yes.
Bad Idea.
Paying your bills on time is what builds your credit rating. You will be better off paying cash for a car you can afford, even used--or riding the bus. Leasing cars gets expensive in the long run since you pay a large amount for the car without getting any equity.
true
The benefits to leasing an apartment are that you do not tie up your capitol. It is also the only option available to people who don't have great credit.
People with bad credit will have more difficulty leasing a vehicle. Different lenders have different criteria for what is good credit and what is bad credit.
You would know about it if you had been evicted.
Credit is important for both businesses and consumers who are trying to get loans and lines of credit. Without good business or personal credit, you reduce the chances of being granted a business loan at reasonable interest rates.
LEASING COMPANIES CANNOT REPORT YOU TO THE BUREAUS. SO, NO THIS WILL NOT BE REPORTED TO ANY OF THE BERUEAS. YOU WILL HAVE A DEBT THAT NEEDS TO BE PAYED OFF EVENTUALLY, BUT IT WILL NOT REFLECT NOR EFFECT YOUR CREDIT RATING.
yes
If you have no credit record, chances are that your APR on a loan will be higher than what would be charged to those who have stable credit ratings. The reason for this is because without any credit history, you could be considered "high risk" ... granted one cannot get credit history without having credit, but the credit determination is often black and white - you either fall into one category or the other - there are no gray areas when dealing with credit or credit history.
both.