Credit Score Approval For Apartment. A good credit score is anything above 700. So, we posed this question—what credit score do you need to rent out an apartment?—to 15 experts.
Here's where your credit score you should be to rent. Closing thoughts on an apartment credit check… waiting for a credit report to be run can be daunting for a renter, especially if the information on the report is the gateway to. People with credit scores lower than 620 may indicate they are a high risk renter.
Most agreed that you need a credit score of at least 650 to snag an apartment without any additional hurdles, like extra deposits, guarantors, or paying extra months of rent in advance.
Yours might not be as bad as you think! Yours might not be as bad as you think! Be proactive by regularly checking your credit score with a free service like credit karma, and think ahead when viewing properties by bringing with you a copy of your credit score. Credit approval scores are difficult to judge, because many companies use different criteria to decide whether or not to grant you credit—or residence, as the case may be if you’re looking for apartments raleigh and you have either poor credit, or no credit to speak of.
