If a tenant had a GOOD payment history, how would a landlord report that to the credit bureaus?
83111
Define GOOD.\n\nDo you mean you always pay on time? Or do you mean you only have a few months when the rent is late?\n\nYour defintion of GOOD may not be the same as your landlord's definition of good.\n\nIf you've had late payments beyond 30, 60, or 90 days, your landlord can report it.\n\nIf you vacated an apartment without giving proper notice and you never paid the rent after that, he could report it.\n\nIf you vacated an apartment, trashed it, and your initial deposit didn't cover the damages and you refused to pay for the rest of the damages.... he couldn't report you to a credit bureau until he took you to court, he got a judgment against you,  and you didn't pay.
894761
There are 3 major credit bureaus that track your "credit record" or credit history, Trans-Union, Experian, and Equifax. You are entitled to recieve one free credit report from each of these bureaus every 12 months.\n\nIn addition to credit cards, your history will also include bills that are 30, 60, or 90 days past due, and any personal or school loans you have. It is important to start a credit history but that doesn't always mean getting a credit card. Debit cards are linked to a checking account and aren't listed on your credit history, but if you ever bounce a check and the merchant is unable to collect, this may wind up on there too.
928339
One idea is to pay some of the rent in advance to reduce the risk to the landlord. If you pay rent in advance, you're less likely to skip out, which is what the landlord is concerned about.\n\nAnother idea is to have a previous landlord write you a letter of recommendation if you had a good experience with the previous landlord.\n\nFor your credit report, you're entitled to add a 25 word explanation that stays with the credit report. The explanation outlines the reasons for your credit problems, and any prospective landlord can read the reason for the problems. If you don't have time to do that, write your own letter of explanation to give to the landlords. With a good explanation, and a plan of how you can pay the rent, the landlord may consider it.\n\nGood luck.
368592
ask your family or friends with good credit to add you as an authorized user on his/ her credit account. Mainly someone who has had an account open for at least a couple of years and is in good standing...the same information will show up on your credit report as if you had that account also for a couple of years
89292
try contacting one of the three major credit bureaus, call a mortage company for the numbers.
1184395
It depends on what agency he used to pull your credit. Some creditors only report to certain bureaus. maybe they'll report to equifax and not transunion. If could be that the creditors you have may have only reported to two of the three agencys. Highly unlikely but possible. Tell your guy to use CreditPlus. That's who I use. I'm a mortgage guy too. Basically it costs money to report you to the bureaus. so if your creditors are cheap than it may just be that they only reported you to the cheaper bureaus and not all of them. Most credit cards will report you to all three bureaus but some smaller ones will only report you to some.
1150322
My understanding is your options are:\n\na) Sue the tenant, get a judgment, record an abstract of the judgment, which becomes public record and may eventually be picked up by credit bureaus.\n\nb) Hire a collection agency to collect the amount owed. They will report it to the credit bureaus and make an attempt to collect the amount on a contingency basis (they will take 33-50% of any monies collected).\n\nYou can also have the collection agency attempt to collect on your judgment if you go route "a".
1168941
A potential landlord? Don't give it to him, he can use your name and SIN (SSN for states) to get your credit info. Your checks have your account number on them, so when he IS your landlord he will have your account number at that time.
217522
You need to sign up at a company that does tenant screening should be easy to find in the yellow pages. They will have the form and prices. Choose the one that does the credit check and the crimal check and employment and rental verification then charge the tenant what they cost. Rememeber you cannot charge the tenant more that you have to pay. It is against the law to profit on these screening fees.\n\nAlso follow the advice of the screener. They usually know what they are doing and will steer you clear of problems. If you get the deluxe package they will call their employer and previous landlords to get the skinny. By the time they are done chatting with everyone they will have a good idea. You can always back it up with your own calls and just do the credit and criminal check, but that is up to what you want to do.
577642
Offer to pay them their security deposit and not report an eviction on their credit. They will be able to get other housing, and you will get rid of them. Let them know how hard it will be to find housing with an eviction on their record.\n\nI know that paying them the security deposit will be hard, but it will be cheaper than getting a lawyer to evict them, and waiting for the entire court process to run its course. You will have paying tenants faster.
1176078
Well I know Macy's does because I have them. I am unsure if your question is which ones report your payment history, balance, etc to the credit bureau or which ones use all three bureaus for approvals on new line's of credit. As far as I know major dept stores, which are usually represented by larger banks, report to all three bureaus. But each dept store has individual bureaus that they use for credit verification on all new accounts. They usually have preferences from ongoing relationships with individual bureaus.
1167079
There is probably a local landlord's association you can join that will offer access to the ability to pull credit reports.  I know that here in Central Texas, they also have a bureau that lists evictions and lease skips.  (evictions are public record and should show up on a court record and credit report but a lease skip might not).\n\nThere are also companies you can pay to do the background checks.  It is fair and common for you to pass the cost of that check onto the prospective clients.\n\nIncome verification is pretty important.  And yes, your belief that rent shouldn't exceed a percentage of their net take home pay (usually about a third of take home or a quarter of gross) is a good idea.  You can ask to see bank statements and/or pay stubs.  Self-employed applicants can show tax returns or bank statements.\n\nOne other trick I used, that I got from one of my landlords when I was a tenant.   He asked for permission to come see where I was currently living (we had dogs).   We said "sure."   I didn't expect him to pop in by surprise and was embarrased and worried because there were dishes in the sink, but.....\n\nHe said all he was looking for were issues that would upset a landlord and that routine mess was not his problem.  He looked to see the house was in good shape and not being abused, and that the dogs had not destroyed the backyard.\n\nI thought this was an awesome deal and used it on my own properties.   \n\nSome people can appear really nice and clean but are brutal on their residences and some problems are very expensive to fix.\n\nCheck out their current home and that will be an eye opener.\n\nSomeone with really bad credit may be a bigger risk but keep in mind that if someone has a family, it is possible that the ONLY bill getting paid is the rent.   You can check with their current landlord in 2 ways -\n\n1. Ask to see the cancelled checks for the past 6 months.\n2. Look up the property owner (all public records accessible for free) and contact them to see how the rent was paid.\n\nIt is easy for a tenant to have a friend pretend to be a landlord so one of the above is more reliable.\n\nAnd a tenant who is having a rough time, but passes the "paid rent regularly" and "isn't living like a pig" tests may be forever grateful to a landlord that cut them a break if their credit otherwise sucks.   That person may well be a good long term tenant.
157750
Get a credit report....If it is not on it , it was probably paid off
1118488
They actually get a compilation of your score- though a bank I worked for looked at Equifax mostly. \nGenerally consumers cannot check each other's credit scores,  though there is an avenue that homeowners can use to check credit before allowing renters to rent from them.  Again, it would be more of a compilation of your score from all 3 credit bureaus.  But generally for renting you don't need as high of a score as you would for buying a home.
666560
The reasons to have good credit are simple. If can affect you in literally hundreds of ways.\n\nGood credit \n\n- Lower interest rates for loans.  Home, Car, etc.\n- Qualify to by a home (FICO score)\n- Employers check credit ratings\n- Housing (Apartments) managers check credit before renting\n- Setting up utility payments (no deposits)\n- School loan rates can depend on your credit\n- It can take YEARS to repair a bad credit history and in the meantime you can be denied credit or end up paying MUCH higher interest rates because of poor credit.\n\nHow do you build good credit?\n\n- In many ways it is advantageous to have no (negative or positive) credit, because you can more quickly obtain new credit.  For example, you can immediately enter most department stores and immediately open an account.\n\nDepartment store cards can then lead to major credit cards, such as MasterCard, Visa, Discover or American Express.  Do not go wild with these cards, however.  Do not keep a balance past the grace period, so remember to pay off your balance each month.  Remember that your goal is to establish a credit history and a strong credit grade.  Maintaining a balance is actually a negative, albeit a minor drag on your grade.\n\nYou should try to limit yourself by maintaining only two department store cards and perhaps another two credit cards.  Do not succumb to the credit card temptation. \n\nSecured credit cards are a great way to establish a credit line whether you have no credit or damaged credit.  Secured credit cards are regularly issued MasterCard or Visa credit cards, which are secured by a deposit.\n\nTo establish a secured credit account, for example, you would set up a deposit account with the issuing bank.  The minimum could be as low as $100, depending on the bank.\n\nYou will then be issued a credit card, with a credit line normally equal to your deposit.  In most cases, you will receive interest on the deposit account.  However, if you ever default on your credit card, the bank can use your deposit to cover their losses.\n\nIt is also a good incentive to control your credit usage and minimize your balance.\n\nBut above all, DO NOT OVEREXTEND YOURSELF, PAY YOUR BILLS ON TIME AND AS CLOSE TO IN-FULL AS POSSIBLE. Avoid splurging and using the card when you can't afford to.
787969
Credit bureaus update their records as soon as the info is received.  \n\nIf you are concerned about a particular account you would do better contacting the creditor directly and ask the creditor how often they report your account activity to the credit bureaus.  Some creditors report monthly, some quarterly and some don't report at all.
695861
If he wants to collect money from you, he'll have to take you to court... if you lose and owe him money and fail to pay, then your credit can be damaged.  But your credit is intact until your time in court... be sure to check it periodically.  As for the bad reference, don't worry about it.  Many places don't check... and if you have proof you paid your rent every month, you can always supply that information.