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Will not giving sufficient notice show up on my credit report?


apparently my complex requires 60 days notice. i thought it was 30 and gave them 33. i'm now being charged. if i pay what is required will it negitively effect my credit score?

Before you do anything check the local laws for where you live. Where I am 30 days is all that is required by law (even if the lease said 60 days, you only really need 30 - the law supercedes the lease).

Unfortunately if the law does allow 60 days and your lease says this also then you may have a problem. First off they will take your deposit. If you still owe money beyond that they can either forget about it, or take you to court (but theyu may just forget the whole ting). If you go to court just explain it all to the judge and hope for the best. I suspect he will find againist you and if so you can then pay the judgement or not. If you don't pay the judgement it may be hard for the company to enforce it (maybe they could garnish your wages or something - but its a fair amount of work to enforce this) but the judgement will surely show up on your credit report and be a big negative (even after it is paid).

The above is what happens if you don't pay or try to fight it. If you pay it then nothing will show up on your credit.Probably not, most don't report to a credit bureau.
It can only affect your refernces for renting a new place in the future. If you pay them it can not be listed on your credit it is a bill and if you pay it it will not show up. Now the loan you are going to have to take out to pay the cutthroat land lord the money, that would show up on your credit. If you do not pay them it can show up on your credit report though. My suggestion is do not worry about it work hard, live on less than you make, cut up the credit cards, pay off all your debt, and If you have to borrow money make sure it is only for a morgage. For good advise go to www.daveramsey.com
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