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There’s no set minimum credit score to rent an apartment, but you’ll have the best luck with a score approaching 670. This score is considered “good,” according to FICO scoring models.
The only document that does so is your credit score.” Try This: He also said a credit score “can also affect non-borrowing situations, such as insurance premiums, job applications and paying rent.
Renting Without Credit Ramsey says that renters without credit histories may pay slightly higher security deposits, but that money is recoverable if you’re a responsible tenant. Multiple ...
In the United States it's common for landlords to discriminate according to potential renters by their credit score. People with poor or no credit are much more likely to get rejected when applying for a property. [1]: 347 Landlords who don't discriminate based on credit score often rent out poorer quality houses.
A good credit score, according to Experian, is a FICO® Score of 700 or above. This three-digit number, derived from the details in your credit reports, helps lenders assess your likelihood of ...
The average American consumer has a 717 credit score, according to FICO data. A FICO Score ranges from 300 to 850, with anything from 670 to 739 being considered "good." With good credit comes the...
Such as in residential letting contracts, where young people without previous references were often required to provide a guarantor [4] and in the mortgage industry, where guarantors are often used to help people obtain a mortgage when they would otherwise be declined due to being considered a credit risk. [5]
Rent Control: Regulation and the Housing Market. Center for Urban Policy Research, ISBN 0-88285-159-4. McDonough, Cristina (2007). "Rent Control and Rent Stabilization as Forms of Regulatory and Physical Taking." Boston College Environmental Affairs Law Review, Vol. 34 pp. 361–85. Niebanck, Paul L., editor (1986). The Rent Control Debate.