Question on lates.....

[Jansroom726]

Hey guys. 

I currently have 2 roommates in the apartment I'm renting. (Friends of mine). We signed a join lease.

For his own reasons...One of my roommates check bounced.

Thus, he was required to pay a $35 bounced check fee, and a $100 late fee.

Here's my question:

Because our leasing company seems to report to one of the Credit Bureaus, (forget exactly which one), is this going to show up on MY credit as a "late?"

Thanks all - appreciate the input. 

[FinStar]

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@Jansroom726 wrote:

Hey guys. 

I currently have 2 roommates in the apartment I'm renting. (Friends of mine). We signed a join lease.

For his own reasons...One of my roommates check bounced.

Thus, he was required to pay a $35 bounced check fee, and a $100 late fee.

Here's my question:

Because our leasing company seems to report to one of the Credit Bureaus, (forget exactly which one), is this going to show up on MY credit as a "late?"

Thanks all - appreciate the input. 

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I would check with the leasing company or read up on the lease agreement.  Each leasing company will have different stipulations when it comes to reporting negative information to the CRAs.