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Will my credit score drop for breaking lease?

Date: Wed, 06/05/2019 - 00:31

Submitted by AndrewStarch
on Wed, 06/05/2019 - 00:31

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Total Replies: 4


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.


lrhall41

Submitted by Nick Jonas on Wed, 06/05/2019 - 20:36

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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.


lrhall41

Submitted by tiarajoseph11 on Tue, 06/11/2019 - 03:15

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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 https://www.boostcredit101.com/


lrhall41

Submitted by Victor Jaycobson on Wed, 06/19/2019 - 00:40

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