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Episode 3747:
Sam of Financial Samurai shares how he screened 20 rental applications in a hot San Francisco market, and why the credit score was the first thing he looked at. He explains why applicants who submitted a credit report without a score landed at the bottom of the pile, and makes the case that paying your bills and building good credit is part of smart money management that pays off when you apply to rent.
Read along with the original article(s) here: https://www.financialsamurai.com/landlords-need-a-credit-report-score-for-apartment/
Quotes to ponder:
"Don't provide a credit report without a credit score."
"The credit score is the first thing landlords look at in a tight rental market."
"If you want the apartment bad enough as a tenant, you're going to do everything possible to prove you are a credit worthy person."
Optimal Finance Daily is a daily personal finance podcast where we narrate the best articles on financial independence, investing, saving money, and money management, read to you by a professional narrator so you can grow your wealth a little more every day.
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