RSSWill having a bad credit score keep me from renting an apartment?
January 24th, 2012 by admin | Filed under Good Bad Credit Score.
I have two unpaid debts totally about 800 dollars. My credit score is in the 500-600 range. What does passing a credit check mean? Will I be able to rent an apartment and or room with this credit score?
Tags: apartment, credit check, Credit Score, unpaid debts
It all depends on the Land lord … most of them check your references … but I don’t see a problem with you renting a room or even a small apartment … good luck
It depends what’s in your credit history and what the landlord’s risk appetite is. If the debts are completely unrelated to your housing/rental history, you may be just fine.
At the same time, if the landlord is wary of elevated credit risks, regardless of what the renter has been late on, you may be denied, especially if it’s a popular unit. It would probably go to the more creditworthy applicant.
Either way, you may have to explain yourself to the landlord, but shouldn’t be entirely out of luck.
Yes, it could prevent you from getting a place.
Ask here how to fix the problems on your credit reports.
A landlord will view reports and seeing them as paid, reflects positively.
Plus, it keeps these collection agencies from suing you
And, if you have a credit card, pay it in full each month to give your credit score a boost
Ask here, people will help you bring that up
Get all 3 reports (not just one) – they are all free once a year
Annual Credit Report.com
You should be fine unless the debt is for back rent. $800 is not that much to be worried about. As long as it shows you make payments on time and there are no warrants or collectors after you there should not be an issue.