Under theFair Credit Reporting Act, businesses and other parties need a legally permissible reason to request your credit report. That list can include lenders, insurance companies, employers, landlords, and government agencies. In the case of employers, you must give your permission in writing.5 ...
Landlords and property managers may use credit reports to assess how likely a potential tenant is to keep up with rental payments. Communications and utility companies may consider credit reports when deciding whether someone can open an account with them. Casinos and other gaming organizations extendi...
Difficulty Renting Housing:Landlords and property management companies often review credit reports when evaluating rental applications. A charge off can negatively impact your chances of getting approved for a new rental home or apartment. It may also result in higher security deposits or more stringent...
For Landlords, Credit Reports Are a Good IndicatorRobert Griswold Steven R. KellmanTed Smith
Your credit report reflects how you manage credit or loans that have been issued to you. Information in your credit report is used to create credit scores, which are used by lenders, employers, insurance companies and landlords to make decisions about extending credit, giving you a loan, hiring...
RELATED: The Most Frequently Asked Questions About Credit Reports and Credit Scores How to Get Your Free Credit Report In 2003, the Fair and Accurate Credit Transactions Act was signed. As it is known, FACT allows you to get your credit report from each agency at no charge on an annual ba...
Landlords.Some landlords might want to get an idea of how likely you are to pay your rent on time. If your credit report shows a lot of late payments, a landlord might require a bigger security deposit or deny your application. Employers.Although employers can’t access your credit score,...
Anyone who’s checked your credit in the past two years—landlords, employers, lenders and others. How do you obtain a credit report? You might be able to get your credit report for free from your financial institution or credit card issuer, or you may have to pay to get it. Also, yo...
Trusted by Landlords & Lenders We provide a secure PDF version of your Equifax credit report to help prevent tampering, provide accuracy, and keep information up-to-date. Get Your Free Credit Report Get Your Free Equifax Credit Report in 3 Easy Steps Sign Up For Borrowell Sign up in just ...
Since many landlords will run your credit in order to approve you for the rental, poor credit can lead to a big fat denial. But, there are additional consequences that could arise when you’ve been careless with your credit. First off, any employer who hires you has the right to ask ...