Renting and Credit: Why Your Credit History Matters to Landlords

If you’re looking to rent a new home, most likely, you’ll need to show prospective landlords that you make enough income to cover your rent, provide references, and have good credit to show that you can and will pay your rent on time.

Your credit history matters to landlords because it provides them with a look at how you manage financial responsibilities. So, when it comes to your credit history, what are landlords looking for?

A few important items that could determine if a landlord will rent to you include:

• On-time payment history with creditors
• Any declared bankruptcies
• Liens on debt
• Recent credit requests

So, make sure that you continue to pay your bills on time, and if you’re already renting, solutions like RentReporters can help you build or improve your credit score.

For more information on RentReporters, visit here.