How much trouble will I have renting an apartment for the first time, with only "fair" credit?

Question

I am trying to move out on my own. I'm 21 and have never rented before. I have "fair" credit and want to know how hard it will be to rent. My credit score says my score is low mostly because I haven't had credit for that long, and my cards How much trouble will I have renting an apartment for the first time, with only "fbalances are near the limit, so it isn't as if I have big debts or anything on there. I don't even have any late charges!

So will it be tough to rent? If so, what can I do to make it easier?

Thanks!

Answer 1

You prob wont have a hard time

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Answer 2

Generally when you're about to rent you need to demonstrate that you can afford the monthly rent. Any outstanding debts are factored in. Thus the credit check. Your employment history is more important. Whether your are currently working, for how long and what your current income are all factors. Your credit history (if any) can play a role but young people just starting out aren't expected to have much of a credit history. In fact you can have no credit history. It all comes down to how much of a risk the landlord thinks you are.

If push comes to shove you can get your parents to sign the agreement and you can live there. Good luck

Answer 3

Your best bet is to have your parents co-sign the lease.

The landlord has added protection if you default because yur parents would be held liable.