Are there any tricks to getting around mandatory credit checks by rental companies and apartment owners?
There have been books written and fortunes made by people who promise miracle cures for bad credit, and if your FICO score reads more like an IQ score (we’re talking the low 100s here), you may have leaned in close to listen to a few tricks of the trade. Unfortunately, there isn’t much out there that will help raise your score—or conceal a bad credit rating—in sufficient enough measure to get past a rental company’s radar. The bottom line is, bad credit is bad credit and the only real way to fix that is to rebuild your score be establishing good payment history. So what can you do in the meantime?
If you’re having difficulty finding apartments Cincinnati Ohio that don’t require some sort of credit check, consider alternatives like renting a room. This may not be the ideal situation, but until you can take steps to rehabilitate your credit status this may be your only option. The majority of people looking to rent out rooms won’t run a credit check on you as long as you can put down a security deposit.
Once you’ve settled in, get serious about fixing your credit. Consider applying for an unsecured credit card at high interest. Use it sparingly, and pay the balance off in full each month. This way you’ll avoid paying interest and you’ll be establishing good pay history, which will affect your FICO score.