Although a potential landlord might pull your credit report to check up on your financial responsibility before renting to you, your credit report does not usually show past rental history. If a potential landlord wants information on your previous rental history, he will ask for the name and phone number of your past landlords and call them.
No Rental History
In most cases, your rental history will not appear on your credit report at all. This is because landlords need to pay a fee to report information to any of the three major credit bureaus---TransUnion, Experian and Equifax. Landlords will typically not go through the trouble of reporting your rent payments to the credit bureaus. However, you might be able to find the occasional landlord who does report your rental history, in which case you should be very careful to make payments on time.
Collections Accounts
If a landlord turns a delinquent account over to a collections agency in an effort to collect your unpaid rent, this will appear on your credit report. This is because collection agencies report to the credit bureaus. Avoid having an account go to collections by paying your landlord the rent that is due, even if you are past the due date.
Alternative Reporting Agencies
Your landlord might report your rental history to an agency that specializes in collecting tenant payment history. These agencies provide reports to prospective landlords so they can check up on whether a tenant has a history of paying on time. Under the Fair and Accurate Credit Transactions Act, you are eligible to get a free report each year from any company that maintains tenant history reports.
Build Credit Report
Because your rental history is not an effective way to build a positive credit history, you should have at least one or two accounts that will appear on your credit report. Student loans, auto loans, mortgages and credit cards are a few of the most common types of accounts to appear on your credit report. Make payments on time every month and keep the amount of debt on your credit cards low to build a good credit score.
Hello, are you in need of hacking services? Then contact ROOTKITS CREDIT SPECIALIST via rootkitscreditspecialist@gmail.com He is a certified hacker which will always give full proofs. If you need to *hack into email accounts, *all social media accounts, *school database to clear or change grades, *bank accounts, *company records and systems, *DUIs He is really the best. His services are affordable. Don't waste your time with fake hackers + Credit cards hacker + he can drop money into bank accounts. + credit score hack + blank credit card sale + Hack and use Credit Card to shop online + Monitor any phone and email address. You can also text him on +1 773 696 0648
ReplyDelete