U.S. CitiesCity-Data Forum Index
Go Back   City-Data Forum > U.S. Forums > Illinois > Chicago
 [Register]
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
View detailed profile (Advanced) or search
site with Google Custom Search

Search Forums  (Advanced)
 
Old 11-09-2013, 05:30 PM
 
15 posts, read 50,496 times
Reputation: 12

Advertisements

I got a job in Chicago (Yay!) with a start day of a little over two weeks. Right away I started to look for apartments. However, my FICO score is only 630. It has gotten a lot better over the past few years and I have nearly paid off everything that is horrible except for an old collections. I had to wait to pay it until I found a job and I know that I have one it will get paid. I also have an old, but paid, judgement. Besides this my history of credit use has been awesome for the last couple years. I also have a reference from my landlord saying how great I was and that I always paid rent on time. With all the good and bad, I keep getting turned down for apartments. I have to be in town on the 18th to start my job and I am afraid I may be homeless. Any advice?
Rate this post positively Reply With Quote Quick reply to this message

 
Old 11-09-2013, 08:27 PM
 
Location: Chicago, IL
255 posts, read 536,219 times
Reputation: 243
Many small. independent owners are not going to be as particular regarding credit scores. Stay away from the large, corporate owners.
Rate this post positively Reply With Quote Quick reply to this message
 
Old 11-09-2013, 09:35 PM
 
Location: 60630
13,879 posts, read 20,925,181 times
Reputation: 13738
No problem. Mine was that low too and I got an apartment here no problem.
Rate this post positively Reply With Quote Quick reply to this message
 
Old 11-10-2013, 08:48 PM
 
6,562 posts, read 7,818,226 times
Reputation: 5493
I recommend that you advise the leasing agent of the property you are considering your situation so you will know the selection criteria before applying. This will save you time and money.

Another option would be to hire a agent or an apartment finders place to help. If there is any damaged credit, they may ask for an additional security deposit up to an additional months rent.

People rent apartments all the time to individuals in your situation.

Good luck.
Rate this post positively Reply With Quote Quick reply to this message
 
Old 11-10-2013, 09:34 PM
 
Location: Cleveland, OH USA / formerly Chicago for 20 years
4,056 posts, read 6,776,741 times
Reputation: 3041
I've had friends with truly abominable credit, and they always managed to find someplace to rent.

Make it a point to deal directly with owners rather than agents, and be upfront about your situation.
Rate this post positively Reply With Quote Quick reply to this message
 
Old 11-10-2013, 10:41 PM
 
615 posts, read 1,325,404 times
Reputation: 668
How much do you gross per year?

Most landlords will only lend you a unit if you gross at least 3x the monthly price. I think that is pushing it, I wouldn't want to spend more than 3x my net on rent.
Rate this post positively Reply With Quote Quick reply to this message
 
Old 11-11-2013, 12:07 AM
 
29 posts, read 46,871 times
Reputation: 25
I think when it comes to renting landlords don't really care about your credit score. It's mostly about your income, rental history, and that you don't have any evictions on your credit report.
Rate this post positively Reply With Quote Quick reply to this message
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.

Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.


Reply
Please update this thread with any new information or opinions. This open thread is still read by thousands of people, so we encourage all additional points of view.

Quick Reply
Message:


Settings
X
Data:
Loading data...
Based on 2000-2020 data
Loading data...

123
Hide US histogram

Over $104,000 in prizes was already given out to active posters on our forum and additional giveaways are planned!

Go Back   City-Data Forum > U.S. Forums > Illinois > Chicago
Similar Threads
View detailed profiles of:

All times are GMT -6. The time now is 10:20 PM.

© 2005-2022, Advameg, Inc. · Please obey Forum Rules · Terms of Use and Privacy Policy · Bug Bounty

City-Data.com - Contact Us - Archive 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19, 20, 21, 22, 23, 24, 25, 26, 27, 28, 29, 30, 31, 32, 33, 34, 35, 36, 37 - Top