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Which is true of someone with a low credit score I. They probably make on time payments. II. They may not be able to rent the apartment they want. III. They are more likely to miss a payment than some?
II and III are true of someone with a low credit score. A low credit score typically indicates a history of missed or late payments, which suggests they are more likely to miss payments than someone with a higher score. Additionally, many landlords consider credit scores when screening tenants, so a low score could hinder their ability to rent the apartment they want.
How do you rent an apartment with a foreclosure?
Find a landlord who will allow you to rent without regard to your credit score. This will likely be a mom and pop landlord and not an apartment rental service, but you will be able to get a place and work on your credit.
How high does your score have to be for approval on an apartment rental credit check?
Credit scores range from 300 to 850. The average credit score is 678. A score under 620 would put you in the higher risk category, where you may not qualify to rent the apartment.
can you be approved to rent an apartment with 642 credit score through safe rent?
A credit score of 642 is generally considered fair, and whether you can be approved to rent an apartment through SafeRent largely depends on the specific landlord's criteria and the overall rental market. Some landlords may accept applicants with fair credit, especially if you have a stable income or can provide a co-signer. However, it’s essential to check the individual requirements of the apartment complex or property management.
Will you be approved to rent an apartment with a credit score of 515?
It really depends upon the landlord and his/her standards. A credit score of 515 is not good so you might want to try and negotiate an extra month of rent upfront if they initially say no (as a good faith measure of your reliability).
Which is true of someone with a low credit score I. They probably make on time payments. II. They may not be able to rent the apartment they want. III. They are more likely to miss a payment than some?
II and III are true of someone with a low credit score. A low credit score typically indicates a history of missed or late payments, which suggests they are more likely to miss payments than someone with a higher score. Additionally, many landlords consider credit scores when screening tenants, so a low score could hinder their ability to rent the apartment they want.
Is a 650 credit score high enough to rent an apartment?
Yes.
Can an apartment complex refuse to rent an apartment to you if you have filed for bankruptcy in the state of Florida?
Yes, an apartment complex can refuse to rent an apartment to you if you have bad credit. A bankruptcy alone will not stop you from being approved or disapproved from an apartment, they will consider your overall credit score and credit history.
How do you rent an apartment with a foreclosure?
Find a landlord who will allow you to rent without regard to your credit score. This will likely be a mom and pop landlord and not an apartment rental service, but you will be able to get a place and work on your credit.
How high does your score have to be for approval on an apartment rental credit check?
Credit scores range from 300 to 850. The average credit score is 678. A score under 620 would put you in the higher risk category, where you may not qualify to rent the apartment.
can you be approved to rent an apartment with 642 credit score through safe rent?
A credit score of 642 is generally considered fair, and whether you can be approved to rent an apartment through SafeRent largely depends on the specific landlord's criteria and the overall rental market. Some landlords may accept applicants with fair credit, especially if you have a stable income or can provide a co-signer. However, it’s essential to check the individual requirements of the apartment complex or property management.
Will you be approved to rent an apartment with a credit score of 515?
It really depends upon the landlord and his/her standards. A credit score of 515 is not good so you might want to try and negotiate an extra month of rent upfront if they initially say no (as a good faith measure of your reliability).
Can I use only my credit score to rent an apartment if my husband has a bad one?
Your credit score is one part of your rental application, and it's important to know that landlords will usually check all three credit bureaus when considering an applicant. If you have a low credit score, you may want to ask your husband to cosign on the lease with you. This will help improve your chances of being approved for the apartment you want.
How can on time rent payments be reported to a credit bureau?
Only clients of a credit reporting agency may "report" credit information. Rent payments, therefore, are typically excluded.
How does a credit score financially affect an individual?
A credit score is only important during certain transactions in life. If you need a large loan for something, want to rent an apartment or apply for a credit card, you will need to have a good credit score in order to get approved or receive a more beneficial interest rate. However you typically don't need a credit score for daily life.
How can you rent an apartment with no credit?
You may be required to have a co-signer or a roommate that does have credit.
What are the consequences of leaving an apartment before the lease ends?
Leaving an apartment before the lease ends can result in financial penalties, such as having to pay the remaining rent or losing the security deposit. It can also impact your credit score and rental history, making it harder to rent in the future.
