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What credit score do you need to rent an apartment in US?
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17th Nov 2009 by Amelia Timbers
Your credit, or FICO score, can help provide confidence for landlords. Every landlord will require a different level of credit, so it is impossible to say what any specific landlord or apartment will require. Generally, most landlords who require credit check will be uncomfortable with credit scores under 650, which defines the higher end of the lower quartile of credit scores. 75% of US credit scores fall at 650 or above. You can keep and maintain your credit score by making timely payments on all credit cards, reduce your credit debt, and make other loan payments in a timely manner.
Your credit, or FICO score, can help provide confidence for landlords. Every landlord will require a different level of credit, so it is impossible to say what any specific landlord or apartment will require. Generally, most landlords who require credit check will be uncomfortable with credit scores under 650, which defines the higher end of the lower quartile of credit scores. 75% of US credit scores fall at 650 or above. You can keep and maintain your credit score by making timely payments on all credit cards, reduce your credit debt, and make other loan payments in a timely manner.
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This answer is the subjective opinion of the writer and not of FinancialAdvisory.com
10th Nov 2009 In Renting
1 Answers | 140 Views
Subjects: renting an apartment,
