Aug 09

Question by Tim O: Can I rent with bad credit, while my roommates have good credit?
My credit history is a little sketchy with a few bad months of late credit card payments. I am afraid my potential having bad credit will keep myself and roommates from renting.

If I have bad recent credit history but my 3 roommates have good credit, will I ruin our chances?

Best answer:

Answer by mynewkeys.com home loans by Cal
depends on the landlord and what their requirements are.

Add your own answer in the comments!

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2 Responses to “Can I rent with bad credit, while my roommates have good credit?”

  1. braider 1 Says:

    no your credit has nothing to do with your roomates credit unless they cosign for you. Just dont put your name on anything with them.

  2. Quicken Loans Says:

    Your credit shouldn’t prevent everyone from getting the apartment because there are a lot of people with less than ideal credit that can rent. However, if there is a problem, you could always have their names on the apartment, and you just pay your portion to them every month.

    Leasing offices check a variety of factors, including employment and income, having a lower credit score shouldn’t prevent you from renting.

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