credit score

Submitted by genamccann on Sun, 07/04/2010 - 20:25
Forums
Credit repair

i am moving to virginia in two weeks to start a new job with capital one. i have been with chevy chase bank for 13 years. my credit score is 599 and i need to get a apartment. i have paid off my credit cards but have kept them open. i have one credit card that has a small balance on it. i had been late making payments on them last year. but have been making payments on time since dec of last year. will this affect me in any way of getting an apartment. thanks and have a nice 4th of july.

vfsalinas05

I thought I had answered this already...maybe something went wrong??.... I would think not...I think by staying current and on time on your bills would be good for your credit report and should not be a problem..good luck with your new job and move!! Happy 4th

Mon, 07/05/2010 - 00:54 Permalink
cinnamngrl

your score can affect this. mostly at big apartment complex's and through rental agencies. look for an owner rented apartment in the classified

Mon, 07/05/2010 - 11:54 Permalink
sdchargers_63

Yep...apartments (Lanlords) can check your credit. They do this to see if you're responsible paying your bills, etc. MOSTLY what they look at is if you have any OTHER Landlords that you owe money to, if you have past utility bills, etc. OP..you said you work for a CC company?

Mon, 07/05/2010 - 12:42 Permalink
gena mccann (not verified)

i do not have anyother landlords i owe money to. i start working for capital one on july 19th

Mon, 07/05/2010 - 14:00 Permalink
gena mccann (not verified)

this is not a big apartment complex i am moving to. i have rented from my mother and paid her rent for almost two years and have paid my brother half the utilities. like i said i am current on my credit card bills and have paid my rent on time. sorry about the stupid questions. this is all new to me.

Mon, 07/05/2010 - 14:10 Permalink
Aaron

gena,

Can you provide your recent credit score?

Thanks,

Aaron

Wed, 07/07/2010 - 11:46 Permalink
Barbara_Elena (not verified)

As your credit score is below 620 it puts you in “high risk”. This may prevent you from getting a loan or a lease application. If you get a loan your interest rates will be quite high. Your credit score should be above 700, if you want to have standard interest rates fro your home loan.

So try to increase your credit score by paying off more debts. Before you apply for a home loan, make sure you get you’re your credit scores and credit history correct, close your old accounts as they serve as extra burden, pay-off your credit card bills as much as you can and aim to get a credit score of 680.

Thu, 07/08/2010 - 07:47 Permalink