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Answer :
The statement is true; landlords check credit history during the rental application process. A good credit score is important for passing this check, and timely mortgage payments help to build positive credit history. Monitoring one's credit for accuracy and identity theft is also essential.
This statement is TRUE. When you sign a rental agreement, property managers or landlords commonly check your credit history as part of the screening process. They do this to assess your financial reliability and predict whether you are likely to pay your rent on time. Having a good credit score can be crucial in passing this screening. However, it's essential to note that your credit history should include accurate information. Mistakes on your credit report can lower your credit score and negatively influence the landlord's decision. Beyond the initial screening, maintaining a mortgage and making timely payments is one effective method to build a positive credit history, demonstrating to future landlords and lenders your financial stability. Nonetheless, it's important to be aware of and protect your personal information and to monitor your credit to avoid identity theft.
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