First time renting with credit score of 592, college student, Help?
February 15th, 2010 | by admin |I’m going into my 2nd year of college since I’m done with my basics but I am transferring so I am looking into renting my first apartment, I was victim of identity theft before I turned 18 so now I’m having to rebuild my credit and its at 592 since I only have one credit card and one student loan which I’ve paid perfectly. Shows on my credit score perfect for over a year with good payment. Please Help!! Will this affect me from renting?? I’m looking into this one apartment and I’ve saved up enough to pay first months rent, deposit and last month of rent also and a little extra for bills for about 3 months. Any Help Greatly Appreciated!
5 Responses to “First time renting with credit score of 592, college student, Help?”
By tkquestion on Feb 17, 2010 | Reply
My only suggestion to you is to bring any official paper you may have about you being the victim of identity theft. Show the prospective landlord the paper and explain why your credit score is low.
By Becky M on Feb 18, 2010 | Reply
It depends on the apartment complex’s requirements. At mine, they don’t look at the credit score, it just has to be 50% favorable. You also have to make 3 times the rent a month. SInce this is the first time you are renting, you may have to have a co-signer, like your parents for example. You’re doing good by having money saved up for rent, deposit and bills. Just check with the apartment office and see what their requirements are. Good luck!
By nimisisprime on Feb 21, 2010 | Reply
You may exp. some discrimination due to your credit but remeber, in renting , money talks, (big money talks even louder and big money + a countinuing income screams) as long as you have a job and some reserves you should be ok
By T-girl on Feb 24, 2010 | Reply
You should show them a copy of the identity theft problem as well as proof that you have paid cc and sl, maybe they’ll cut you a break seeing that technically you were not the one who ruined your credit.
By geo i on Feb 24, 2010 | Reply
First make sure you have a credit report that is not 90days old so you can just make copies of it, so you can just Hand it to the apartment management, reason why each time somebody pulls your credit your score will drop
and just expect to pay a highly deposit because of your fico being a 592