Posting on behalf of a friend.
My friend is living in a rental house for last 16 months. Always paid the rent on time, but this time around he is having financial hardship and his rent is overdue by 7 days. He requested the agency to give him time extension of further 45 days and he will clear his outstanding balance in the rent. The agency did not accepted and responded back with following.
"If you cannot afford to pay the rent we have to serve you 14 days’ notice to vacate later and that will severely influence your personal credit and rental history in future"
Can this action by the agency hurt his credit history, although he has already explained his financial hardship and requested for time extension?
From what i have heard, your outstanding bill amounts appear on your credit report after 180 days of non-payment.
Your 'friend' can request anything they like, doesn't mean it will be accepted.
If they fall behind in rent, the Real Estate Agent can follow through with the legal options available.
I would suggest contacting the State's Rental Tenancy Board for tenant's rights.