How Do I Get an Apartment With a Bad Credit Score Caused By a Foreclosure?
A foreclosure can have a significant impact on your credit score. Plus, you need a place to live after a foreclosure. So how do you get an apartment afterwards? Apply similar thinking to a secured credit card where you deposit funds to gain credit. Landlords are trying to avoid risk, and you look risky if you’ve had a foreclosure. Offering more money in a deposit or upfront rent may help close the deal. • Offer the landlord a larger security deposit • Offer to pay 2-3 months rent up front Please don’t offer things to sway them from performing a credit check. Be authentic, tell them of your situation and make a good faith offer that protects their risk. Lying will only back to haunt you later. Learn more about Apartments and Credit Scores.
