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Old 04-27-2012, 11:26 PM
 
Location: Overland Park, KS
51 posts, read 138,501 times
Reputation: 55

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I'm an art student, and once I finish up school, I'm thinking about moving to NYC, mostly likely somewhere in Queens. From what I've seen, majority of the creative job opportunities are in NYC and California, but I have family in Brooklyn and Queens; so thatís why Iím leaning more towards the east coast.

The thing is, because of college, my credit report is basically a list of student loans. I get a stomachache just looking at it. I've been doing some research on finding apartments when you have bad credit, but I can't find anything specific to New York. Based on what Iíve read so far, finding an apartment in NYC can be a hassle, and Iím worried having bad credit will make that hunt even more stressful, if not impossible. I don't plan on making any moves for 3 to 4 years, though; so, hopefully I will be regularly paying off these loans, by then.


Would a broke college grad have any chance of finding an apartment in Queens?
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Old 04-28-2012, 07:28 AM
 
Location: Manhattan
20,134 posts, read 26,416,255 times
Reputation: 9026
A good job will go a long way to counteractig a bad credit report. No job and bad credit will likely need a lease co-signer.

So it's in 3 or 4 years you will begin the apartment search? Where will you be living/working in the meantime? Or still in school making the loan balances even bigger.
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Old 04-28-2012, 02:46 PM
 
Location: Overland Park, KS
51 posts, read 138,501 times
Reputation: 55
Quote:
Originally Posted by Kefir King View Post
A good job will go a long way to counteractig a bad credit report. No job and bad credit will likely need a lease co-signer.

So it's in 3 or 4 years you will begin the apartment search? Where will you be living/working in the meantime? Or still in school making the loan balances even bigger.
I'll be living at home here in Kansas while I'm save up money. I have about around 1 1/2 years left for school; so the plan currently is to work and save up money for tuition, finish up school, then save up money for the move. Right now I have a part-time job at a gym snack bar and I'll be starting a job with Microsoft in a month. So, I'll have 2 jobs to save up money, although I'm not sure if I can balance 2 jobs when I go back to school.
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Old 04-28-2012, 09:41 PM
 
Location: New York
880 posts, read 1,661,859 times
Reputation: 537
I would say find an apartment where you will have a roommate first or rent, get a job and when you are making good money, buy your own apartment. That's the way it works for most people. I don't think they check your credit reports when you rent (unless it's some co-op).
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Old 04-29-2012, 06:58 AM
 
Location: Manhattan
20,134 posts, read 26,416,255 times
Reputation: 9026
Quote:
Originally Posted by Nikki0417 View Post
I'll be living at home here in Kansas while I'm save up money. I have about around 1 1/2 years left for school; so the plan currently is to work and save up money for tuition, finish up school, then save up money for the move. Right now I have a part-time job at a gym snack bar and I'll be starting a job with Microsoft in a month. So, I'll have 2 jobs to save up money, although I'm not sure if I can balance 2 jobs when I go back to school.

With the Microsoft job (congratulations), I'm sure you can deep six the snack bar and concentrate more on your schooling and still save a bundle.
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Old 04-29-2012, 09:58 PM
 
Location: Overland Park, KS
51 posts, read 138,501 times
Reputation: 55
Quote:
Originally Posted by Kefir King View Post
With the Microsoft job (congratulations), I'm sure you can deep six the snack bar and concentrate more on your schooling and still save a bundle.
Thank you! I was pretty hesitant about giving up the snack job because of the perks that come with it (free gym membership). Although, I guess I could afford to buy a membership with the money I get from Microsoft.
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Old 04-30-2012, 07:29 AM
 
Location: Dallas, TX
2,898 posts, read 4,930,283 times
Reputation: 2166
If you're gonna work for M$ in KS, why would you wanna move to NYC?
You better off staying there and saving as much money as you can, as I'm sure the COL is much lower there.
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Old 04-30-2012, 07:59 AM
 
Location: Manhattan
20,134 posts, read 26,416,255 times
Reputation: 9026
Quote:
Originally Posted by Nikki0417 View Post
Thank you! I was pretty hesitant about giving up the snack job because of the perks that come with it (free gym membership). Although, I guess I could afford to buy a membership with the money I get from Microsoft.


I'm surprised Microsoft doesn't have a gym on site.
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Old 04-30-2012, 08:10 AM
 
Location: Brooklyn, NY born & raised!
2,593 posts, read 3,726,564 times
Reputation: 3497
Quote:
Originally Posted by likeminas View Post
If you're gonna work for M$ in KS, why would you wanna move to NYC?
You better off staying there and saving as much money as you can, as I'm sure the COL is much lower there.
This.

However a friend (originally from NY) was living in Wichita and couldn't wait to escape and is now back in NY for the time being until he has to move to CA for his job in 6 months. So I could see why someone in KS would not want to stay there, but like others said, a job in Microsoft is next to impossible to come by. I would stick it out where you are for now instead of worrying about moving here. (Unless your job can be done from home).

But to answer your question, yes it is possible to get an apartment with bad credit, I just did it this month. The catch is you HAVE to have a good job for at least 6 months or a co-signer. The other catch is you might have to put up extra for deposit, say a few months to a year upfront.

Your best bet will be to find an apartment in a house instead of a building. Your standard landlord in a house will be more willing to work with you than a building management company. Also, you can do it through a broker, I had better luck with brokers than on my own. (Even though one had the nerve to tell me no one would rent to me with my credit, she turned out to be very wrong, thus I didn't get my apt through her, but a different broker).

Hope that helps.
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Old 05-01-2012, 05:35 PM
 
1,031 posts, read 991,583 times
Reputation: 781
It sounds like you don't actually have BAD credit, you just don't have much credit. Are there negative marks on your report? If not, then as long as you have a job, you should be ok.
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