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Why do apartment owners charge a higher security deposit when a person has bad credit?
People with bad credit histories may have other bad behaviors. Also, it would be more difficult to collect for damages from someone who has no money. That all makes it wise to collect more up front.
People with bad credit histories may have other bad behaviors. Also, it would be more difficult to collect for damages from someone who has no money. That all makes it wise to collect more up front.
People with bad credit histories may have other bad behaviors. Also, it would be more difficult to collect for damages from someone who has no money. That all makes it wise to collect more up front.
People with bad credit histories may have other bad behaviors. Also, it would be more difficult to collect for damages from someone who has no money. That all makes it wise to collect more up front.
What else can I help you with?
Can you get in an apartmentwith a credit score of 524?
Yes, you can still get an apartment with a very low credit score but you may be required to pay a higher security deposit on top of your initial rental payment. You can also search on Craigslist for renters who may not be doing any credit checks.
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.
Can you explain the differences between a secured credit card and an unsecured credit card?
A secured credit card requires a security deposit as collateral, while an unsecured credit card does not. The security deposit on a secured card acts as a guarantee for the credit limit, making it easier to qualify for, especially for those with limited or poor credit history. On the other hand, an unsecured credit card does not require a deposit but typically requires a good credit score for approval.
What are the consequences of moving out of an apartment before the lease is up?
Moving out of an apartment before the lease is up 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 secure future housing.
Is a secured credit card considered a major credit card?
No, a secured credit card is not considered a major credit card. It requires a security deposit to establish a credit limit and is typically used to build or rebuild credit.
What is Sec Dep OAC?
The abbreviation Sec Dep means security deposit. OAC means on approved credit. So, when you put the terms together is means that s security deposit would be required once your credit is approved to rent the apartment.
What is a unsecured credit card?
A secured credit card requires a security deposit. An unsecured credit card is the traditional credit which does not require a security deposit.
Where can you find no credit check apartments in columbia south carolina?
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.
Does Thrifty Car Rentals require a deposit before you can rent one of their cars?
If you don't have a credit card you'll be required to pay a deposit. If you use a credit card they may charge your credit card for a deposit. Typically this is the estimated rental costs plus 15 %. Once the car is returned in proper condition the charge is removed from your credit card. Like most all other rental agencies, yes they do. The benefit to this is that Thrifty will not charge your credit card the deposit, they simple have the deposit amount on file, and your credit information if they have reason to charge the deposit they will other wise when you return the vehicle in the condition it was rented out in you will not even be charged the deposit.
How do you rent an apartment with bad credit and no cosigner?
You are at the mercy of potential landlords and your own bad credit history. There is no magic trick available. You may need to wait and save up a substantial security deposit and try to build up a better credit history.
Where can you view your apartment rental history?
if a apartment complex does not take your social security number nor checks your credit, and they give you an apartment for rent,when you decide to leave that complex, will you have any credit history on your credit?
Can you get in an apartmentwith a credit score of 524?
Yes, you can still get an apartment with a very low credit score but you may be required to pay a higher security deposit on top of your initial rental payment. You can also search on Craigslist for renters who may not be doing any credit checks.
Can a landlord damage your credit if they never took a security deposit or Social Security Number from you?
No, they have to have your SS# to be able to do anything with your credit. Also a security deposit doesn't mean anything when it comes to renting if you do not pay your rent or get evicted due to another cause it has nothing to do with your credit.
Do you have to make a security deposit for horizon gold credit card?
yes
Why do apartment managers charge more when people have bad credit?
They might ask for an extra deposit or an extra month's rent because people with low credit scores have a higher risk of defaulting on the contract (not paying rent or leaving the apartment before the contract is up). Because of the higher risk, they might charge more up front, but they shouldn't be charging you a higher rental rate in general.
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.
Can you explain the differences between a secured credit card and an unsecured credit card?
A secured credit card requires a security deposit as collateral, while an unsecured credit card does not. The security deposit on a secured card acts as a guarantee for the credit limit, making it easier to qualify for, especially for those with limited or poor credit history. On the other hand, an unsecured credit card does not require a deposit but typically requires a good credit score for approval.
