Reply
Regular Contributor
Posts: 137
Registered: ‎01-08-2012
0

Very Nervous - IN THE PROCESS OF RENTING (Needs Advice)

Hi All,

 

I'm currently in the process of moving in with my gf in a few weeks. She's aware of my current credit status, and helped me along the way in repairing my credit over the past few years. However, we're about to submit an application for an apartment tomorrow, and I'm just nervous that we would be denied based on my scores. My current scores are the following; TU 08 - 693, EQ - 606, EX (fako) 664, and my gf TU 08 - 811, EQ - 774, and EX - 770 (Fako). As you can see, her scores are remarkably great, but I'm just nervous that I would be the reason we're denied. We're going to submit the application with me being the co-applicant. I'm not sure if that would mean anything in the decision making. On the other hand, combined we both make $72,000/year. Any feedback would be most appreciated. Thanks in advance!

Moderator
Posts: 13,892
Registered: ‎04-15-2011
0

Re: Very Nervous - IN THE PROCESS OF RENTING (Needs Advice)

Of course YMMV but I think you're going to be just fine.

Starting Score: 504
July 2013 score:
EQ FICO 819, TU08 778, EX "806 lender pull 07/26/2013
Goal Score: All Scores 760+, Newest goal 800+
Take the myFICO Fitness Challenge

Current scores after adding $81K in CLs and 2 new cars since July 2013
EQ:809 TU 777 EX 790 Now it's just garden time!
Valued Contributor
Posts: 2,789
Registered: ‎10-10-2012
0

Re: Very Nervous - IN THE PROCESS OF RENTING (Needs Advice)

Relax and hope for the best, keep us posted! Smiley Happy

Starting Score: EQ 717 EX 724 TU 736
Current Score: EQ 816 EX 780 TU 823
App free since 4/11/13
Regular Contributor
Posts: 137
Registered: ‎01-08-2012
0

Re: Very Nervous - IN THE PROCESS OF RENTING (Needs Advice)

Thank you, and will do!

Regular Contributor
Posts: 137
Registered: ‎01-08-2012
0

Re: Very Nervous - IN THE PROCESS OF RENTING (Needs Advice)

Thanks! 

Regular Contributor
Posts: 146
Registered: ‎02-06-2009
0

Re: Very Nervous - IN THE PROCESS OF RENTING (Needs Advice)

You should be just fine.  I can't see the two of you being completely denied.  IME, apartments would usually ask for a higher security deposit (up to one month's rent) to compensate for any credit issues. 

NFCU Cash Rewards $14,000/FNBO Platinum $5,700/Best Buy Citibank $2,500/Care Credit $7,600/TJ Maxx $600/Neiman Marcus $7000/Saks5thAve $2500

Starting Score: 426 Ch. 13 BK Filed Sep 2009; Discharged Jan 2013 Smiley Happy
Current Score: TU 706 EQ FICO 701 EX 704
Goal Score: 720

Valued Contributor
Posts: 1,115
Registered: ‎10-31-2011
0

Re: Very Nervous - IN THE PROCESS OF RENTING (Needs Advice)

I couldnt see why you would be denied....the mostly look for CO, judgements, liens, etc...

ccpics2.jpg
Regular Contributor
Posts: 137
Registered: ‎01-08-2012
0

Re: Very Nervous - IN THE PROCESS OF RENTING (Needs Advice)

Ok, thanks I would keep that in mind. The apartment being rented is through a private owner which hired a broker. 

Regular Contributor
Posts: 137
Registered: ‎01-08-2012
0

Re: Very Nervous - IN THE PROCESS OF RENTING (Needs Advice)

Thanks, I don't have any CO, Judgemetns, etc....only 4 derogatory PIF in 09 items that are due to fall off in the coming months of december-february 2013. 

Valued Contributor
Posts: 1,115
Registered: ‎10-31-2011
0

Re: Very Nervous - IN THE PROCESS OF RENTING (Needs Advice)

you might as well buy a house

ccpics2.jpg
Advertiser Disclosure: The listings that appear on myFICO are from companies from which myFICO receives compensation, which may impact how and where products appear on myFICO (including, for example, the order in which they appear). myFICO does not review or include all companies or all available products.
† Credit cards for FICO Score ranges: The score ranges are guidelines based on actual applicant approvals and having a FICO Score in a particular range does not guarantee you will be approved for credit cards recommended in that range.

Copyright ©2001-2015 Fair Isaac Corporation. All rights reserved.   | Terms of Use | Privacy Policy | Sitemap

IMPORTANT INFORMATION: All FICO® Score products made available on myFICO.com include a FICO® Score 8, along with additional FICO® Score versions. Your lender or insurer may use a different FICO® Score than the versions you receive from myFICO, or another type of credit score altogether. Learn more

FICO, myFICO, Score Watch, The score lenders use, and The Score That Matters are trademarks or registered trademarks of Fair Isaac Corporation. Equifax Credit Report is a trademark of Equifax, Inc. and its affiliated companies. Many factors affect your FICO Score and the interest rates you may receive. Fair Isaac is not a credit repair organization as defined under federal or state law, including the Credit Repair Organizations Act. Fair Isaac does not provide "credit repair" services or advice or assistance regarding "rebuilding" or "improving" your credit record, credit history or credit rating. FTC's website on credit.