I’m planning to start applying for apartments in the next few months and I just realized my student loans are showing pretty clearly on my credit report. They’re not huge, but I did miss two payments last year after I got laid off and was between jobs for a bit.
I’m caught up now and have been paying on time again, but my score is still not where I want it to be. I’m worried a landlord is going to see the missed payments and loans and just reject me right away, idk what to do.
Student loans are showing on my credit report, should I worry before applying?
byu/Top_List_5096 inStudentLoans
Posted by Top_List_5096
1 Comment
Dude. Chill. You’re not going to get rejected because of 2 late payments.
Now if your credit score is sub-600 (or whatever their threshold is), they may require first *and* last in addition to deposit (so the rent x 3 instead of just rent x 2 like people with good credit get).
Also keep in mind if you are putting new utilities in your name for the first time, the electric and/or water company may also require a deposit. So just be sure you are prepared for that, because landlords often also want the utilities in your name by your move-in date. Good luck!