Houston Credit Repair expert, Vanessa Perry, explains how to avoid a broken apartment lease on your credit report in the latest episode of Ask Impeccable.
How To Avoid A Broken Lease
Make sure that your apartment is move-in ready when you move out. Although it may cost money out of pocket to pay or do repairs yourself it can save money and protect your credit long term. When an apartment company says that they will repair, fix or paint something after move out they have the right to place any additional fees post move out regardless if your balance is paid or not. I️n a result that will show up on your credit as a broken lease.
A Paid Broken Lease is a Collection
A broken lease does report on your credit as a collection and a paid broken lease will remain on your credit as a collection. If you or someone you know has a broken lease reporting on their credit reach out to a credit professional before settling the debt or making arrangements to pay it off. There are benefits to credit restoration.
Houston Credit Repair
Impeccable Credit Services has been in business for over sixteen years and specializes in credit restoration. With two physical locations Impeccable Credit Services can accommodate in-person meetings as well as virtual meetings. Our goal is for all of our clients to have Impeccable Credit and be able to live an Impeccable lifestyle. Most of our clients can achieve their goals within 6-12 months of service, results vary per client situation.
A broken lease does make it difficult to rent an apartment in a good area. A temporary solution could be to rent a house for the time being while you get your credit repaired. Plan accordingly and Be Impeccable.