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Will my credit score drop for breaking lease?

Yes. If you move out of a rental apartment before the lease expires, then you're technically breaking the lease. This can drop your credit score especially when you don't pay off the remaining balance when you move out. If you really have to move out before the lease expires, work with the lender amicably. This may help you to protect your credit score.

Sub: #1 posted on Wed, 06/05/2019 - 20:36

Nick Jonas Nick Jonas

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Yes, it will be reported and this can affect your score negatively. It is better to pay the balance and move forward.

Sub: #2 posted on Fri, 06/07/2019 - 04:43

Sanders Patricia Sanders Patricia

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Ofcourse it'll effect your credit score.
Breaking a lease agreement and paying off the money will affect your score negatively. Talk to the other party and settle any unpaid balance before closing the lease agreement.

Sub: #3 posted on Tue, 06/11/2019 - 03:15

tiarajoseph11 tiarajoseph11

(Posts: 470 | Credits: )

If you reviewed your credit information and discovered that your credit scores aren't quite where you thought they'd be, you're not alone. Since your credit scores use information drawn from your credit report, your credit activity provides a continually-updated basis of data about how responsible you are with the credit you're currently using. I advice

Sub: #4 posted on Wed, 06/19/2019 - 00:40

Victor Jaycobson Victor Jaycobson

(Posts: 1 | Credits: )

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