Houston Credit Repair Expert, Vanessa Perry explains the advantages to not having your complex on your credit report voluntarily in the Ask Impeccable Episode Below.
Should You Pay to Have Your Complex on Your Credit
There are many apartment complexes that are starting to offer a service to report to your credit. They sell it as if it will help raise your credit score and build positive credit. For instance, an apartment complex will not raise your score as much as other tradelines. When the tenant buys a house the lender will already have access to have proof or rent. Past residences are already listed on previous addresses on the credit report.
Is It Worth It?
In other words, if you are late due to unforeseen circumstances it is easier for the apartment complex to mark your credit negatively. It is easier to report as a late payment or collection if it is already reporting to your credit. By having you apartment complex report to your credit it sets you up for the possibility of failure. There are no advantages to paying to have your apartment complex on your credit report. There are other ways to build and benefit your credit.
Houston Credit Repair
Impeccable Credit Services educates our clients about the different types of credit tradelines and how they benefit or do not benefit our credit scores. We try our best to avoid credit risks at all costs. Our clients’ credit is our priority. With two physical locations, we can meet in person. We also have 24/7 availability. The ladies at Impeccable can be contacted with any questions all the time. Our clients will always be in contact with the person who works on their file at Impeccable. Each of our clients has our personal numbers for easy to reach access. Be Impeccable today! 713-378-1500.