I am looking to rent a townhome and I have a credit score of 762.
Over a month ago I got a notice about a new account on my credit report, so I look into it. $2800 collections notice from an apartment, it was my ex girlfriends, I put my name on her lease, she co-signed. (I know it was a stupid decision) turns out they didn't pay everything they needed to when they left.
I can't pay it off right now. Should I get a private loan to pay it off before I apply for an apartment lease?
Or will my credit score of 762 still be enough to get an average apartment even with a collections on it?
I never have issues paying my bills, but obviously the collection looks bad to anyone looking at my credit. Any advice or info you could give would be amazing, thank you so much.