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A low credit score could hurt your apartment search, but you can get around it. ... Then again, even the average credit score for Generation Z is in the “good credit” category, which includes ...
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.
500 credit score. 700 credit score. Interest rate. 17.63 percent. 8.59 percent. Monthly Payment. $630. $514. Total interest paid. $12,789. $5,844
If you are not going to blow them away with your 800 credit score (the average American credit score is 717, by the way), you need a different tack, and radical honesty just may be it.
A good credit score comes with undeniable benefits. For example, if your score is 700 or higher, renting an apartment may be smoother, as landlords often favor applicants with strong credit.
Although there’s no official credit score needed to rent an apartment, the average credit score for U.S. renters is 650. In cities and areas where there’s a huge demand for apartments, however ...
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