Help and Answers

Can I rent an apartment with a bad credit score?

n that indicates you have little to no credit history. You may increase your odds by renting from individual owners instead of apartment complexes (which will likely require a cosigner), but remember – no credit is not the same as bad credit. Emphasize that you have no credit because you have no debt.

  • consistent bill payments – Things like bank statements or copies of utility or cell phone bills can all help you make a claim of responsibility and consistency with payments.
  • the presence of a cosigner – This may not be possible for all apartment hunters, but if you’re already in a position where you intend to live with a roommate that has better credit than you, cosigning can dramatically increase the likelihood of your acceptance.
  • When all else fails, you still might be able to dispute incorrect items on your credit history, so be sure to check all three scores: your FICO, TransUnion, and Equifax scores. You can also visit AnnualCreditReport.com to request a free annual copy of your scores from the credit bureaus, which will help keep you on top of any progress or changes. Above all, know your own credit history first.