I am trying to get out my lease for financial reasons I sent two letters to my landlord and she never replied. I called last night and left a messege. My lease states that I have to request in writing if I want to terminate my lease. I am guessing she is ignoring me. However I have to move or I'll be paying rent late for the next 4 months. I have 6 months left on my lease
I was wondering if she'll report this on my credit report. If so is it the standard report like Transunion, Experian
2007-08-29 02:33:04 · 7 answers · asked by Renee 3 in Business & Finance ➔ Renting & Real Estate
The only way your pay history would be put on your credit report is if she evicts your or puts a judgment on your credit report. If you move out and owe the landlord money and don't attempt to pay it off, then chances are it will end up as a judgment on your credit.
2007-08-29 04:52:04 · answer #1 · answered by Anonymous 2 · 0⤊ 0⤋
If you don't pay your rent when due you can be reported to the credit bureaus. Not all landlords do some just do to court to recoup and get you evicted right away. Reporting costs are higher for creditors like landlords. If they take you to court, that shows up as a public record and anyone wanting to search before renting to you again can get that information.
You can be held liable for the rent due on your lease even after you have moved out if you left with an outstanding payment owed. If your lease provides for any penalties then you are responsible.
2007-08-29 02:47:12 · answer #2 · answered by Jason 3 · 0⤊ 0⤋
If you don't pay your rent when due the landlord certainly can report that to the credit bureaus. Not all landlords do, however, as the reporting costs are high for small creditors like landlords. If your LL takes you to court, that WILL show up as it's a matter of public record.
You can be held liable for the remainder of the rent due on your lease or until your landlord gets a replacement tenant, whichever occurs first. If your lease provides for a specific lesser penalty then that is the limit of your liability.
2007-08-29 02:42:08 · answer #3 · answered by Bostonian In MO 7 · 1⤊ 1⤋
It could show up on your credit report if you have judment against you for unpaid rent. A judgement is the amount you would owe her due to a lawsuit in civil court. I would hire an attorny if you don't get a response. You could also try and find another person to take over the lease. You still might have to pay a reletting fee or forfeit your deposit.
2007-08-29 02:38:46 · answer #4 · answered by MikeN7 2 · 1⤊ 0⤋
She will sue you when you leave, with an eviction (doesn't matter that you left) and the eviction shows up on the first page of your credit report as just that, an eviction. Any money she receives will be listed seperately, with just the fact that you were sued and paid or did not pay, not the reason for the suit.
2007-08-29 02:38:32 · answer #5 · answered by Anonymous · 1⤊ 1⤋
It can be reported, but they often don't. Landlords are more interested in eviction records; if you have ever been evicted (by court order), you are in deep doo-doo.
2007-08-29 02:38:59 · answer #6 · answered by Anonymous · 1⤊ 0⤋
even if she did you could dispute it...
2007-08-29 02:37:09 · answer #7 · answered by 2sexxxy32 4 · 0⤊ 2⤋