2006-08-11 10:13:59 · 21 answers · asked by Bonita S 1 in Business & Finance ➔ Renting & Real Estate
Depends if you have paid your bills and can pay your rent. Depends on if you have savings or not and if you are paying other bills. It depends on the land lord some are so picky.
2006-08-11 10:16:06 · answer #1 · answered by adobeprincess 6 · 0⤊ 0⤋
Lenders (and renters) do a credit check to determine the likelyhood of getting their loan, or rent payment on time. As far as renting to you, the landlord needs to make the same judgement. If your history shows a lot of non payment, bankruptcies, etc, he may decide you are not a good risk. Dont forget, he will also look at your income. With a good income, and an established residency history, the credit problems in your past may not be a problem for him.
You say you have never rented, this may be a problem if he cant check your residence history.
Some landlords don't even bother to do a credit check, since they don't get that service for free. You,ll have to wait and see.
2006-08-11 10:26:32 · answer #2 · answered by Vince M 7 · 0⤊ 0⤋
Maybe. But as long as your income is high enough to support the rent payments, the landlord may just ask you to pay a larger security deposit.
If you are denied, you might be able to get the apartment after all if you can find a cosigner.
2006-08-11 10:16:46 · answer #3 · answered by Dave C 2 · 0⤊ 0⤋
Nah, you should be fine. As long as you can pay the rent a landlord isn't going to care although whn you come to get a mortgage for a house some way down the line it could be a prob if you have bad credit.
2006-08-11 10:16:25 · answer #4 · answered by king of nowhere 2 · 0⤊ 0⤋
You may get denied, but more likely than not, your deposit will be higher than it would if you had triple A credit.
They may ask for an entire month's rent (in addtion to the first month's rent) for a deposit. If you can meet that price, it may not be a problem, but that depends on the apartment complex.
2006-08-11 10:21:17 · answer #5 · answered by <3 The Pest <3 6 · 0⤊ 0⤋
I just got my first apartment, and I had no credit history at all (I'm now working on changing that situation), you should be fine.
I just had to pay a slightly larger security deposit and I was told another option is to find a co-signer. I would still make all the payments, but in that situation, the apartment wouldn't be in my name
2006-08-11 10:17:03 · answer #6 · answered by 4eyed zombie 6 · 0⤊ 0⤋
It is up to the landlord. I don't have much credit established and what I do have is negative, yet I was accepted. There is always a place out there where you will be accepted, you need to live somewhere. Just shop around for a place within your means, and you will find a landlord who will agree that you can afford it.
2006-08-11 10:16:37 · answer #7 · answered by Elie 2 · 0⤊ 0⤋
They will most definitely look at your credit but sometimes they will factor in other things like job status. I've always heard that anybody can get something they just might pay a different price because of their credit and thats not always fair but it happens.
2006-08-11 10:17:38 · answer #8 · answered by shoupdc 2 · 0⤊ 0⤋
A bad credit report will usually cause them to not rent to you, but get some good references and if you have a good job, you may get it anyways.
Go for it!
2006-08-11 10:17:56 · answer #9 · answered by sunshine25 7 · 0⤊ 0⤋
no. most places could careless what ur credit is to rent. u will need to sign a lease plus put a deposit down and 1st and last month rent.
2006-08-11 10:49:31 · answer #10 · answered by kitttkat2001 5 · 0⤊ 0⤋
Depends on what you mean by "on your credit". If you mean open lines of credit (credit cards, loans, etc) you are fine, but if you have a lot of late debt, you will probably get denied.
2006-08-11 10:15:49 · answer #11 · answered by Anonymous · 0⤊ 0⤋