I had ran into a very bad finacial situation last year. I lost my apartment cuz I wasnt able to afford it, I owe an electric bill and back rent from it all. It's been alil over a year and I am now getting notice about payments in the mail. I have been living with some friends for about 8 months now and I am saving money so me 'n my bf can get a plce together. (ohio).....My question is "Can I still rent a place in my name even tho this has happened only once"???? My bf is going to put the electric in his name so that is taken care of......but I dont know if a credit check being done will show that I have rent a place and I couldnt pay for it??? Anyone know how this works in life???
I do know that I need to pay these off as I am making payments little by little as much as I can, even tho most of my taxes are going to have to be a payment for this......But "Can I still rent in most cases like these/and most places or not????? I need to know asap as I am looking for a place to rent!?!?!?
2007-01-16 08:22:08 · 20 answers · asked by Anonymous in Business & Finance ➔ Renting & Real Estate
For those wanting to know why not put it in my boyfriends name: I was told that you can never be sure about your future. So if something were to happen in our relationship, I would know that I still had a place to live, as far as making him pack up and leave not me....I can always get electric in a name, and yes I can afford rent and current bills thet need to be paid for to live, as well as making very small payments on those past bills for now.
Playing it smart by not moving in with him before we were together for a year, and its here, and it's the time.
2007-01-16 08:38:56 · update #1
Oh' and since I couldnt afford it anymore, I moved out volunteeringly. Owe a month and 1/2 rent and electric that's all! no damages or anything like that. Kept up on it.
2007-01-16 08:41:30 · update #2
I would like to thank everyone who has answered thus far! It is real difficult to pick a best answer at the moment, so I have extened the answering time and will make a choice within this time period! Thank you again!
2007-01-16 10:36:41 · update #3
It will depend on if you are renting from a large apartment complex/management company or from an individual. Often times the individual will not do a credit check.
2007-01-16 08:29:11 · answer #1 · answered by rtistathrt 3 · 1⤊ 0⤋
I hope that my advice can come to you're aid in time!
I run a real estate business in North Dakota and I lease out everything(houses,farmland,gravel pits etc...). The laws state by state I'm sure differ.
Large cooperate real estate firms always run a credit check before accepting a new tenant. However, I you can find a house, apartment or duplex from a landlord who is just an average run of the mill dude and probably just rents it out on the side, apart from his regular job, chances are he probably won't run a credit check. You need to look for a landlord that is just an individual that isn't up on the new technology into checking people's credit history's.
Another thing you may have going for you, is that you're former landlord from eight months ago most likely did not even report it because it a lot of times takes more trouble than it's worth. Unless you are in small town where everybody know everybody, I don't think your future landlord will ever find out about your past.
Another thing, after seven years anything on your credit report that is negative has to be erased.
Hope you can find a place so you don't have to shack up with your friend your whole life. Good luck.
2007-01-16 09:10:05 · answer #2 · answered by Anonymous · 1⤊ 0⤋
Every non-payment, or late payment will affect your credit, even tho u r trying to get it paid. Depending on where u live and your landlord, they may not rent to you. Also they may want both names on the rental agreement. Some places want the person name on the apt paying the rent to also be named as paying the utilities. You may have to check other options re: ur bfs credit???
2007-01-16 08:34:20 · answer #3 · answered by commonsense 1 · 0⤊ 1⤋
were you evicted or did you break the lease? There is a difference. Either one may show up on your credit report showing a balance owed. Once that balance is paid off, It should be removed from your credit report. You would have to ask the secretary at the complex you are applying at if it will effect you getting the apartment..
2007-01-16 08:36:32 · answer #4 · answered by gimmeisme 1 · 1⤊ 0⤋
One of the earlier answers was correct insofar as a private owner often will not perform a credit check, so that may be your best option. In addition, whether or not this will appear on a credit check depends on whether your former landlord has pursued legal action against you. I manage several highrise apartment buildings, and in addition to checking credit, we call the prior landlords to ask for a reference. However, if someone ONLY checks your credit, your former rental problems may not appear at all. If they have obtained a lien against you, then it will definitely appear on your credit history. However, MY question is this: why does your boyfriend NOT want his name on the lease????
2007-01-16 08:34:55 · answer #5 · answered by Gloria D 1 · 1⤊ 0⤋
First of all yes it will show up on your credit, when they do a credit report.Second if I was you i would not go to some high dollar apartments, because they charge you a credit check fee and you will be turned down. I use to be a property manager. So if you have any more questions for me feel free to ask.
2007-01-23 14:01:22 · answer #6 · answered by Anonymous · 0⤊ 0⤋
Look, if you messed up your credit no need to worry as long as you have the amount they are looking for and be straight foward there should be no problem. There are many places that say they do credit checks but don't. They are interested in that rent and security money. I've been there done that.
2007-01-16 08:30:21 · answer #7 · answered by Jamonican 4 · 1⤊ 0⤋
Yes, it could show up on your credit. Property Management company's and some landlords, now have a company designed just for them, where they can pull credit and if your previous landlord subscribes to this service, it will show up. This happened to me and to get the apartment I was trying to get, they told me I would have to pay my previous landlord and bring proof that I had paid it.
Even if this isn't showing on your credit, most landlords and apartments require 2 years rental history and they do check your rental history and will call your previous landlords to check your rental history, so even if it's not showing on your credit, it will probably still be hard to get something in your name.
2007-01-16 08:36:53 · answer #8 · answered by kelly h 3 · 1⤊ 0⤋
oh poor little thing.....
Ok now then if you are getting notices in the mail you are getting very close to having a judgement against you. As for renting under your name NO it will be flagged and you will be rejected. You can get a free credit report (yes totally free no bs subscription crapola) just search for it I would venture a (good) guess this incident will be in there. Let bf take over from this point pay off your bills and learn from this.
2007-01-16 08:31:31 · answer #9 · answered by Anonymous · 0⤊ 1⤋
Most landlords will check your credit. And if your credit shows that you are past due with several utilities and in collection agencies, this will not reflect well upon you. But if you give them a reasonable explanation, it really will be up to them whether to rent to you or not.
If your boyfriend has good credit, then perhaps he should put the lease solely in his name to guarantee approval.
2007-01-16 08:36:12 · answer #10 · answered by Holly 1 · 1⤊ 0⤋