Average Credit Score need to get an apartment

[Prissy]

I got 700+ and I am only $16 haha

[Sara]

Originally Posted by Prissy

I got 700+ and I am only $16 haha

You are only $16..wow that makes sense.

[Sara]

Originally Posted by Bimmeration

national average is about 670. where are you planning to rent?

South of Salt Lake City, in an area called Murray

[Prissy]

Originally Posted by Sara504

You are only $16..wow that makes sense.

typo

[vq352k]

Originally Posted by Sara504

I turned 21 three weeks ago.

I have never been late on a payment for my credit cards or my car loan. I am always on time. Im a good girl.

ohh okay for some reason i though you were 18 or so.. my badddd

[vq352k]

Originally Posted by Prissy

Someone told me that everytime you check your credit score, your score will become lower... Is that true at all?

if you check your credit score from freecreditreport.com or those type of companys you will be fine b/c they are consider customer inquiries, however if you have a loan office check your credit it does lower it a bit b/c you are applying for something

[Sara]

Originally Posted by vq352k

if you check your credit score from freecreditreport.com or those type of companys you will be fine b/c they are consider customer inquiries, however if you have a loan office check your credit it does lower it a bit b/c you are applying for something

Yup. I checked mine once this year and I was pleased with what I saw.

[Hawkeye]

Originally Posted by Prissy

Someone told me that everytime you check your credit score, your score will become lower... Is that true at all?

Yes, it is true. Although you are allowed one FREE check a year (from all 3 companies) and it will not affect your score at all.

Originally Posted by Prissy

I got 700+ and I am only $16 haha

I am calling BS. If you are 16 there is no way you could have a credit score now days because you have to be 18 to have a cc, loan, etc. in your name.

[BMW2006]

Originally Posted by Spec 1

No need to worry about a credit score simply for renting an apartment. Possibly if renting a nice house, but generally you can have a low/mid 500 credit score and rent anywhere you'd like. It's purchasing that credit is really tied into.


FreeCreditReport.com

Ack, screw them, they try to enroll you in some credit protection monthly service that ends up costing you money. (I know from being suckered into it myself, live and learn I guess). A couple of years ago they even lost a class action lawsuit because of it. I was happy to get a free extra credit report from it though.

Use www.annualcreditreport.com, That's the one that you are entitled to use to check once a year for free.

-BMW2006

[Prissy]

Originally Posted by Hawkeye

Yes, it is true. Although you are allowed one FREE check a year (from all 3 companies) and it will not affect your score at all.



I am calling BS. If you are 16 there is no way you could have a credit score now days because you have to be 18 to have a cc, loan, etc. in your name.

you blew my spot!

[MCS]

I think you may need to get someone to cosign your lease.

Depending on the landlord/owner, they may require a parent to co-sign a lease. This basically ensures that they can get their rent if you fail to make payment.

Many places require this if you are seeking to rent and are under the age of 25.

Good luck. In reading some of the posts, I don't think you'll have a problem with your credit score.

[Hawkeye]

Originally Posted by MCS

I think you may need to get someone to cosign your lease.

Depending on the landlord/owner, they may require a parent to co-sign a lease. This basically ensures that they can get their rent if you fail to make payment.

Many places require this if you are seeking to rent and are under the age of 25.

Good luck. In reading some of the posts, I don't think you'll have a problem with your credit score.

That is not true at all. I have looked at 15+ apartments and have NEVER had anyone say I would need a co-signer.

[StrifeM3]

My credit was horrible i would say but i am making good money, so they usually just ask for a deposit. Most rent places have compensating factors....poor credit, but great income= approved...depends..