Did you know that having a low credit score can negatively affect the chances of you renting an apartment?
Landlords generally look for a credit score of 650 or above before they approve a rental application.
A low credit score could make a landlord reluctant to move forward, especially if there are others with better scores.
However, there is hope. If you can show current financial stability with a decent score, a landlord might consider.
If you have a credit score of 500 or less, you can still rent an apartment, but it takes time to find a landlord willing to rent.
Finding a cosigner can provide landlords with an added level of protection, which can make you more appealing.
You can also look for apartments that do not require a credit check or for-rent-by-owner apartments.
Prospective tenants should have a credit score of 650 or higher to rent an apartment. Be honest about it from the start.
Many landlords won't discount a tenant solely because of their credit check so show you are responsible with money.