The Landlord Will Check Your Credit

If you are looking for an apartment for rent expect the landlord to check your credit.

How is your credit? get some great credit repair tips here.

Landlords normally run credit checks on prospective tenants to identify applicants who have been evicted or who may have difficulty making rent payments. Landlords check credit to protect against bad business decisions in choosing tenants.

Federal law allows a landlord to access your credit report if you are a prospective tenant.

If a landlord denies your rental application based on information from your credit report, you may ask the landlord for the following under the law: the name, address and telephone number of the credit bureau that gave the landlord your report of bad credit, and notification that you have sixty (60) days to request a free copy of your credit file from the credit bureau.

Note that the credit bureau does not make the decision to accept or reject your rental application, so they cannot provide you with the reasons you were rejected. Only your landlord can provide this information.

If a landlord requests a report of your credit, the landlord must inform you within three days of requesting the report. The landlord may request that you pay for the credit report. This charge is usually included in the application fee.

Any landlord or manager who desires to request a credit report on an applicant, must first sign a Landlord Agreement that you will abide by Fair Credit Reporting procedures. Click below to be able to review that agreement. In addition, there are a couple of additional FCRA