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35% - Payment History 30% - Amounts Owed 15% - Length of Credit History 10% - New Credit 10% - Types of Credit
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Breaking a Lease on an Apartment May Affect Your CreditBreaking a lease on an apartment most likely will not affect your credit score, unless, of course, something is sent to collections. In that case, it would reflect on a credit report and create a negative impact on the credit score overall. In addition, breaking a lease may result in fines as well as a potentially negative occurrence in your rental history which landlords may look at. So be sure to discuss options with the landlord you would be breaking a lease agreement with. |
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