Current Events > Renting usually requires a credit check

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RchHomieQuanChi
11/09/21 1:37:30 PM
#1:


But paying rent on time each month has no impact on credit score

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K181
11/09/21 1:39:08 PM
#2:


It does if you pay with your credit card.

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CableZL
11/09/21 1:41:19 PM
#3:


It depends on whether your apartment complex or the company that handles the payment processing reports the data to credit bureaus. There is no legal requirement for them to do so, but I used to stay at an apartment complex where you could opt in to having the data reported.

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RchHomieQuanChi
11/09/21 1:42:08 PM
#4:


CableZL posted...
It depends on whether your apartment complex or the company that handles the payment processing reports the data to credit bureaus. There is no legal requirement for them to do so, but I used to stay at an apartment complex where you could opt in to having the data reported.

Interesting....

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cuttin_in_farm
11/09/21 1:42:17 PM
#5:


K181 posted...
It does if you pay with your credit card.

No it doesnt. Thats just your credit card having use.

Most places charge extra for credit purchases too.

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theAteam
11/09/21 1:43:14 PM
#6:


CableZL posted...
It depends on whether your apartment complex or the company that handles the payment processing reports the data to credit bureaus. There is no legal requirement for them to do so, but I used to stay at an apartment complex where you could opt in to having the data reported.

I was offered this service at my current place but I had to pay for it so I did not opt in.

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