In English 866.963.9353
PO Box 975428
Dallas, TX 75397-5428
Blog Jul 3, 2018

My Credit Sucks: Rent an Apartment

Comunidad

For those who say, “My credit sucks,” renting an apartment may seem to be impossible, as more rental agents are requiring credit checks before a lease is issued. In reality, however, it may be easier for someone with bad credit to get a sub-prime mortgage than it is to rent an apartment in today’s economy. That said, there are things you can do to fix bad credit and improve your chances of renting an apartment.

Pay a Few Months in Advance

One way to improve your chances of renting an apartment when you believe “my credit sucks” is to pay a few months’ rent in advance. Although this may reduce the cash you have available for other moving expenses, paying a few months’ rent in advance indicates to the landlord that you are responsible, and that you are serious about paying your rent on time, despite past credit problems.

Letter of Recommendation

Another option for those who say “My credit sucks,” is to obtain a letter of recommendation from a previous landlord. A leasing agent may be more willing to forgive your credit indiscretions as long as your rent payments were always on time in the past.

Co-Signer

Just like purchasing a vehicle, if you claim, “my credit sucks,” you may need to get a co-signer for your apartment. Because leases are not reflected on credit scores, co-signing an apartment lease will not damage your co-signer’s credit score like an auto loan would, but if you fail to pay your rent, the co-signer agrees to take responsibility for paying the rent.

Avoid a Credit Check

Larger apartment complexes are more likely to require a credit check in order to rent an apartment to you, so if you are one of those who says, “my credit sucks,” consider renting from a private owner, or renting a room or apartment in a private home. Check local newspapers, or even Craig’s List for apartments in smaller buildings that are rented directly by the owner and not a management company, as they are more likely to rent without a credit check.

There are options out there for those who say, “My credit sucks.” One way to help build credit and reduce your monthly costs is by investing in cheap prepaid electricity through Payless Power.  For more information on cheap electricity, call 866-206-7986 or visit us online.

Lo que dicen nuestros clientes

¡Vea por qué nuestros clientes dicen que somos el mejor proveedor de electricidad en Texas!

Pagos accesibles y fáciles de efectuar

Me preocupaba conseguir electricidad para mi casa a través de una compañía de prepago. Estuve llamando a varias compañías para consultar las diferentes tarifas y luego tuve que pasar por la moles…

Christine M. en Killeen
Publicado el Julio 21, 2017

Cliente satisfecho

Llevo varios años con esta compañía y me siento muy satisfecho desde entonces. Incluso cuando me mudé, hicieron que esta situación normalmente estresante fuese y nada problemática La recomiendo…

Julia L. en Webster
Publicado el Agosto 10, 2017

Long term customer

I have enjoyed the service for 2 years now. In the beginning this service was planned to be temporary but with the service being so effective for me i decided to keep it for the long haul. I’m a happy customer.

Kalandra H. en McKinney
Publicado el Diciembre 02, 2017