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When you fill out an application for credit, one of the questions is Rent? Own? That answer will show on your credit report right next to your address. Whether you paid rent on time won't show in your list of creditors.
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∙ 15y ago
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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?
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.
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.
How will an eviction affect renting in the future?
YES. This will show up on your credit report as "Landlord/Tenant history". This will stay there for 7-10 years!
What do you have to bring with you when signing a lease for an apartment?
Usually proof of income, drivers licence, and sometimes a electric bill to show your former address. The person renting will have a form you fill out and will do a credit check.
If you add second person to credit card will it show up on their credit report?
Yes, it does show up on that persons credit report. If you are late on payments, it will negatively impact his/her credit report.
How would breaking a lease on an apartment two months early impact your credit rating or fico score?
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.
Why is good to have credit?
If you ever plan on borrowing money for anything, especially significant purchases like a car loan or a home mortgage, you'll want a good credit history to show your credit worthiness. Even renting an apartment or qualifying for student loans could rely upon your credit history.
Will a judgment be removed from a credit report if it is paid?
No. It will show that you had a judgment on your credit report for up to seven years, but it will show a zero balance.
Does breaking a lease on an apartment show on a credit score?
yes
Does your credit report show if your married?
If you filled out any applications for credit and said you were married -or- if you have any joint credit with your spouse, it will be on your credit report.
If you sign an apartment lease as a cosigner and you will not be living at the apartment will this show up on your credit report?
So long as your apartment is paid and current, such leases will not appear on your credit report. However, should you or the person you are guaranteeing become delinquent, there are several ways in which this information can appear on the credit report. In some states, landlords work directly with collection agencies, in which case it would show up a a delinquency and tarnish your score. In other situations, your name may be mention as a party to an eviction or legal proceeding, something which may show up in other searches that accompany credit reports, such as eviction history, or certain criminal background checks. The best suggestion is if you don't have to guarantee or cosign, don't do it unless you can afford to pay for that person should they become delinquent on their obligations.
If you have good credit history with some credit cards will they still show that on your credit report and that you paid on time after filing chapter 7?
It depend on the individual credit card companies if they report on your credit history or not, like some department store credit cards may not show on a credit report
