You are about to rent that desired apartment. You saved up for the security deposit and already booked the moving truck. But have you checked your credit report? Rental homeowners may review it, so you should too. If a rental homeowner does a background check, there are a few things you should know.
Landlords can check your credit, your criminal record, and even your tenant history. They can ask for your authorization but are NOT required to do so. So if you are looking for a new place to live – or if you are about to renew your rental agreement – you can have peace of mind by doing a couple of things:
Review your credit file. That way, you can correct mistakes before the property owner sees them. Provide the landlord with your exact full name — first and middle and last names — and your date of birth. That will help you make sure the landlord gets the information on the correct person.
And what happens if a landlord refuses to rent to you or charges you more for something on your credit check? In that case, you have rights:
The landlord must notify you of their decision – verbally, in writing or electronically.
The notice should indicate the contact information for the company that gave you the report.
The notice should state your rights to correct inaccurate information and should also include information on how to get a free report if you request it within 60 days of the date of the landlord’s decision. Then you should get your free report, correct the errors, and have the company that provided the first report deliver the corrected report to the owner. Also notify the landlord that there is a mistake.
To avoid these hassles, or higher rates, higher security deposit, or any other surprises (to include denial of rental approval), the best option is to have a credit consultant expert look at your credit file beforehand, and address any potential issues that could delay or deny your rental process.
At Credit Services of America we specialize in Credit Repair, Debt Settlement, Student Loan Consolidation, and Credit Trade Lines. Call us for a FREE credit consultation where we will pinpoint negative items and other potential issues that could prevent you from living on properties of your choice. Our team of experts have help thousands of renters achieve their goals while helping them save thousands in unnecessary fees.
A Goal without a Plan is just a Wish. Give us a call TODAY at 844-FIX-URCR or click on the following link creditservicesofamerica.com to schedule your FREE consultation and create your personalize plan to achieve your credit and debt GOALS!
*Individual results may vary. Please call for more details and to discuss your own individual situation.