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If you have a cosigner on your apartment lease will your credit be affected as much as it would if you did not have a cosigner?
Wiki User
∙ 15y ago
Renting an apartment or home will not show up on your credit. That just builds up rental history for yourself. The only time a renter will ever report you to a credit agency is if you move out with a balance that was not paid within 14 to 30 days of your move out.
Wiki User
∙ 15y ago
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What responsibility does a cosigner on an apartment lease have?
a cosigner is a person who is responsible for the rest of the rent that you don't pay if u get evicted the person who signed as a cosigner will have to go to court
How does a late payment on an apartment lease affect your credit rating?
Late Payment on Apartment LeaseA lease will not show on your credit report; unless there was a judgment against you.
Can breaking an apartment lease hurt your credit?
yes.
Does breaking a lease hurt cosigners credit?
That is why the cosigner is there. To back up the contract if you bail.
Does breaking a lease on an apartment show on a credit score?
yes
If a new lease is signed on an apartment after a year is the original cosigner responsible for the new lease?
Not unless he or she signed the new lease.
If a person needs a cosigner to lease a car will their credit improve if they make payments on time?
Yes, the owner as well as the co-signer will be affected when you lease a car, being it negative or positive it will have an impact on both credit reports.
Can you replace a cosigner for an apartment with another cosigner?
Typically, replacing a cosigner on a lease would require approval from the landlord or property management company, and they may have specific criteria for accepting a new cosigner. It's best to contact the landlord or property manager directly to discuss the possibility of changing the cosigner on the lease.
What responsibility does a cosigner on an apartment lease have?
a cosigner is a person who is responsible for the rest of the rent that you don't pay if u get evicted the person who signed as a cosigner will have to go to court
How does a late payment on an apartment lease affect your credit rating?
Late Payment on Apartment LeaseA lease will not show on your credit report; unless there was a judgment against you.
If you walk out of an apartment lease can your roommate be affected by bankruptcy?
visit this site for rid from apartment lease http://www.apartmentleasedepot.com
Can an 18-year-old who has a credit score of 740 and just purchased an apartment for 420000 with no cosigner be approved for a lease for a Hummer H2 or will a cosigner be needed?
I would say that you are good to go. Just because you have the funds or the credit does not mean that you can afford it! Be wise and cautious with your money and your ego! Y-THINK-Y
Can breaking an apartment lease hurt your credit?
yes.
Can a 19-year-old without credit who is not a student sign a lease without a cosigner?
No.
Does breaking a lease hurt cosigners credit?
That is why the cosigner is there. To back up the contract if you bail.
Does breaking a lease on an apartment show on a credit score?
yes
Accepted for apartment based on having a cosigner Now cosigner will not sign lease Can you get your deposit back?
Hell yeah the only thing non refundable is application fee & administration fee.
