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Renting with 'not perfect' credit -- Too much CC debt

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    Renting with 'not perfect' credit -- Too much CC debt

    How hard is it to find a rental apartment with only a 625 FICO score?? My main problem is not collections/judgements or multiple late payments but 'too much' credit card debt. I mean if I had perfect credit, no credit card debt, enough saved, I could be buying a house or condo since there is alot to choose from especially under $350,000.

    I basically have to find an apartment by October 1 since I have been subletting illegally for the past 5 months and face the strong possibility of being evicted not for non payment of rent but because the primary tenant never obtained the property managers permission. Based on my income & what I can afford I can pay up to about $1,600 a month.

    I don't mean to sound arrogant, but I earn over $75,000 a year which is more than the mean & median household income for this area of the country -- Hartford County Connecticut and find that it is harder to get an apartment than it was back in the NYC metro area where rents are substantially higher, and vacancies lower.

    Should I just take the risk and offer to pay 6 or even 12 months upfront so I am not living in my car or in someones basement with a 40 mile + commute each way to and from work??

    #2
    You should be fine if you don't have any type of bad rental history. When you are looking for housing you would just put down the person you have been paying rent to and hopefully they would give you a good reference, right? Shame on them for not getting permission!!! I would get out of that apartment quick!! I wouldn't offer anything like that upfront. They may require an additional month's deposit, but that should be it. I would apply first and see what happens. Good luck. You will be fine.
    Chapter 7 Pro Se....Discharged Feb. 2006

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      #3
      You'll be fine!
      Filed Oct 2005discharged February 2007,Shapeless in the fire's glow, tell me if you think you know,
      Who it was we were below, where we've been and where we go

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