How Do I Get an Apartment with a Bad Credit Score Caused by a Foreclosure? – Episode #50

A foreclosure can have a significant impact on your credit score. Plus, you need a place to live after a foreclosure.  So how do you get an apartment afterwards?

Apply similar thinking to a secured credit card where you deposit funds to gain credit.  Landlords are trying to avoid risk, and you look risky if you’ve had a foreclosure.  Offering more money in a deposit or upfront rent may help close the deal.

• Offer the landlord a larger security deposit
• Offer to pay 2-3 months rent up front

Please don’t offer things to sway them from performing a credit check.   Be authentic, tell them of your situation and make a good faith offer that protects their risk.  Lying will only back to haunt you later.

Learn more about Apartments and Credit Scores.

Similar Posts:

• How Do I Get an Apartment with a Bad Credit Score Caused by a Foreclosure? – Episode #50
• Apartment Evictions Impacting Credit Scores – Episode #108
• Apartments and FICO Credit Scores – Episode #56
• How Much Will A Foreclosure Impact My FICO Credit Score? – Episode #49
• Build Your Credit Score From the Beginning – Episode #95
• Impact on Credit Score: Joint Credit Cards vs. Authorized User Credit Cards – Episode #2