Market Trends

Breaking a lease won’t appear on your credit report

American Express benefits and offers can be found on their website. Breaking a lease may occur due to job relocation or financial struggles. Unpaid debt from a broken lease can harm your credit if reported to a collection agency. To prevent this, pay termination fees and outstanding charges. Communicate with your landlord about financial hardships and negotiate fees. Propose finding a new tenant or consider subletting to avoid penalties. Maintaining a good credit score is crucial for future financial opportunities.

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