Is Your Credit Good Enough to Rent an Apartment?

If you were to rent an apartment today, you might be surprised to find out that you are turned away because of your credit score - even if you think you have good credit.
There are two things currently working against you when it comes to renting an apartment.
The first is that there poor real estate market mean millions of people are left with no other option other than to rent.
Landlords have many applications to choose from when they decide who they want to rent their apartment to.
Their obvious choice is going to be the individual or family that is going to properly take care of the place and pay their rent on time.
This determination is generally done by renting to people with at least an average credit score, which indicates that they have a history of paying their bills on time.
The other thing that may be working against you is the recent changes in the credit scoring scale.
When was the last time you checked your credit? Because changes have recently been made to the way your credit rating is calculated, you may be shocked to find out that what was once a good credit score is now bad.
Your score can change very quickly.
In some cases the changes are in your favor, while other times it might hurt your score.
Before you try to rent an apartment, find out where you stand on the credit score scale by taking 2 minutes to view your score online.
That will show you where you stand and if you are at risk to being able to rent.