Bad Credit

Second Chance Apartments is the nation’s leading resource for finding an apartment, town home, home or any other rental property throughout the nation regardless of someone’s credit. Not only do we provide an apartment locating service, but we also provide resources to help individuals across the U. S. when it comes to renting. Whether you are interested in finding a 2nd chance apartment or any other rental property, you will find Second Chance Apartment Locators will save you time and stress! The best part is our apartment locating service is free!

Any time an application is filled out to rent an apartment, the landlord or apartment complex will likely check the credit report and rental history to ensure the person will be a great rental candidate for them. If there is bad credit such as a broken lease, eviction, foreclosure, judgement or even a repossession found on the credit report, there is a good chance the rental application will be denied. Landlords depend on the credit report and rental history when making their decision whether to rent to someone or not. If you know you have bad credit before filling out the rental application, let the leasing agent know upfront to avoid wasting your time.

Second Chance Apartment Locators serves the following metropolitan areas; Miami, Los Angeles, Chicago, New York, Houston, Dallas, Atlanta, San Francisco, Boston, Detroit, Phoenix, Philadelphia and Washington D. C. Second Chance Apartments has the resources to help renters across the nation find a place to rent regardless of their bad credit

What is Considered Bad Credit?

Any time an application is filled out and approved for a credit card, a loan or even an apartment and the individual defaults on their payment(s), it will likely show as bad credit on the credit report. There are many different types of credit which include; credit cards, utilities, cellphone, rent to own, mortgages, cars, loans and more! If someone is late paying their bill, it may show on the credit report as a late payment, and for every month late, it will show it on the report. When someone is very late paying their bill or bills, it may result in something severe like an eviction, foreclosure, repossession, lien or judgement on the credit report. When there is something more serious on the credit application, it makes it very difficult to get approved for an apartment, credit or even a loan.

Unfortunately, bad credit can affect your credit for many years. Lenders may not want to approve you for a credit card, a loan or something else if your credit history reflects late payments especially if there is a judgement foreclosure, lien, repossession, eviction or anything else showing on the report. A lender will more than likely decline your application or approve your application with an outrageous interest rate.

Are you aware that bad credit can affect getting accepted for a job, getting a good vehicle insurance rate or whether you would need to pay a security deposit for a utility bill or for a cellphone? Also, if a potential landlord approves you for an apartment even with bad credit, they may require a higher security deposit such as two months of rent paid upfront.

If any payments on credit cards or loans were missed, you will eventually know if you have bad credit. If applying for a credit card or loan and you get rejected, it is a sign there is bad credit showing on your credit report.

Bad Credit is Not Permanent!

Just because you have bad credit, you can start repairing it. The first thing you should do is request a copy of your credit report, so you can see what is showing up on your credit report. The main reason you should check your credit report every so often is to make sure there are not any entries showing up that are not yours. People can become victims of identity theft, and victims may not even know unless they check their credit reports occasionally. If there are debts that you know you paid off, you can easily contact the creditor and find out about the removal of the debit to show it as paid in full. You can also dispute any transaction on your credit report that you do not agree with to hopefully get the entry removed.

Regardless, if you had a history of paying your bills late, it is best to start getting in the habit of paying the bills before the due dates. This is a great way to easily start repairing your credit report. Eventually, your credit score will improve and potential lenders will see the improvement. If you do not have a credit card, you can try to open a low credit limit card with a department store. This way you can make a purchase and pay it off quickly to start building good credit.

No matter what your credit situation is and if there is bad credit present on your credit report like an eviction, foreclosure, repossession, lien or slow payments, Second Chance Apartment Locators will be able to help you find a 2nd chance apartment in one of the major metropolitan areas that will approve you for an apartment. Life does happen and the way the economy has been, there are many people across the nation who live paycheck-to-paycheck and have had a slow payment history on their credit reports. The past is the past, and you can start repairing your credit now and make it look better for the future.

Whether you have good credit or bad credit, the search process for looking for a 2nd chance apartment can be time-consuming and stressful. Over the years, we have assisted plenty of individuals like you who also have bad credit, and we can assist you, too. Second Chance Apartment Locators is the industry leader in helping renters find the most suitable 2nd chance apartments! What are you waiting for, the process is quick and free! We have rental agents standing by to assist you! It won’t take you very long to see why will be your main source for finding a perfect apartment.