What credit score is checked when renting an apartment?

620 or higher
When you apply to rent an apartment, you can expect nearly all landlords to run a credit check. As a general rule, you’ll want a credit score of 620 or higher to secure a rental. But there’s no hard and fast number: it varies by landlord, and it’s only one factor in your rental application.

Will applying for an apartment hurt my credit score?

Since most credit checks for renting are considered soft checks, they won’t negatively impact your credit score. The FICO® credit-scoring model, one of the most popular credit scores, ignores inquiries made within 30 days of scoring.

What credit score do most landlords look for?

between 600 – 650
Most landlords are looking for a score somewhere between 600 – 650 since renters don’t have the credit history of making mortgage payments to boost their credit score.

Do apartments check Equifax or TransUnion?

There are many Credit Bureau, but Apartments mainly uses Experian, Equifax, and TransUnion. Based on preferences, a landlord or property manager may decide to obtain credit reports from one or all of the major three credit bureaus and then use the credit score(s) to decide if a potential tenant is creditworthy or not.

Will renting an apartment build credit?

Having good credit can help you rent an apartment, and paying rent on time can help you build good credit. If you don’t pay your rent on time, it is becoming more common for that to be reported. Many landlords and property management companies do report late rent or collections to the bureaus.

Do apartments check your TransUnion or Equifax?

The National Association of Independent Landlords offers credit checks for a fee, and there are independent screening services that work to pull data from the three major credit bureaus: Equifax, Experian, and TransUnion.

Do landlords check Equifax or TransUnion?