Clean Up Credit Before Finding New Apartment

Clean Up Credit Before Finding New Apartment

Wayne the Credit Guy discusses the impact an eviction can have on your credit report in this article on FoxBusiness.com.

Excerpt:

Credit reports do not show records of evictions. According to Wayne Sanford, president of the credit consulting company New Start Financial, “If you are evicted, then it will show up as a collection as any apartment debt a consumer owes, such as cleaning fees or lease breaking.”

Renters Beware….The Impact of Collections on your Credit

Renters Beware…. it’s the little things that always get you.

What if i told you the dollar amount of a $50 collection and a $500 collection is the same thing?

NEVER co-sign for someone’s apartment or home… ALWAYS give them 60 days WRITTEN NOTICE, get a copy of the managers signature so you have proof.

They have your SS #, you don’t have theirs. They report to the credit bureaus… you do not. What does that mean??? It means you lose unless you have documented proof!

While there is nothing you cannot do that a credit repair company can do REMEMBER… there is a difference between disputing and getting results.

Having a credit company who understands the underwriting criteria of future lenders and how they look at you is more important than you can possibly realize….

Bad credit, credit repair, repair credit, How to repair credit, fix credit, credit fix, how to fix credit…. No matter how you say it you don’t realize how important credit is until you need something today and then it’s too late.