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Life is Harder with Bad Credit

Life is More Expensive with Bad Credit

A friend with Bad Credit went to get Power hooked up for her just rented apartment, she had to put down a $200 deposit. With good credit she would not have to make a deposit. Her car insurance is significantly more expensive because she has bad credit. When she bought her car, she had to put a larger down payment and her loan interest was higher. She applied for an apartment with a property management company. They chose someone else for the apartment that had good credit. She applied for a new job she really wanted, they checked her credit and hired someone else.


Laurie's Folly

A friend of mine, Laurie, makes good money but she spends more than she makes. She had an argument with her landlord. She had a really nice apartment.

Anyway after the argument the landlord refused to renew the lease. The landlord said I don't want to deal with you. The town we live in has a shortage of rental property. It is hard to find a good value in a rental property.

With 2 months left on her lease and a credit score under 600. She was desperate to find a nice apartment and none of the property managers would rent to her.

Tight Rental Markets


When rentals are hard to find property managers can be very picky. None of the property managers in town would accept an application from someone with an under 600 credit score.


She searched and searched and found someone with a nice rental property that did not use a property manager or check her credit score. She was able to sweet talk the guy into renting her the apartment. However the rent is significantly higher than her previous apartment. Plus she had to spend all her spare time for a couple of weeks moving and cleaning out her old apartment. 

Moving when you don't want to is no fun.



Arguing with Landlords and Property Managers and Customer Service

I would avoid arguing with a property manager or landlord or any customer service. They can cost you way more time and energy by making you move. Many people treat customer service while talking on the phone horribly. For many people this can come back to bite them. If you have these people on your side often they can help you in ways you don't even realize.

Dealing with Customer Service

I am very nice to customer service. They have a very tough job. Many people cuss at them. So many customers, especially customers of banks or credit cards, make a mistake but won't accept responsibility for their mistake. The customers want to blame the bank for the missed payment. My dog ate my statement so I didn’t pay my bill.  I mailed the check, why isn't it there?  Many people make tons of excuses.  


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