Does Renting Or Leasing A Home Affect A Credit Score In Any Way? - CREDIT SCORE

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TODAY'S SAVING TIP  There is no fast and easy way to repair damaged credit that took months or years to occur. The law allows negative information to appear on an individual's credit record from seven to 10 years. Credit problems are the main reason would-be home ... Read more
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CREDIT SCORE: Does renting or leasing a home affect a credit score in any way?


The presence of a real estate loan that has always been paid on time shows lenders that you have established a strong credit base, and reflects positively on your credit responsibility. The lack of a real estate loan on your credit report does not decrease your score; however, it generally means that your credit score is not as high as it could be.

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