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Our recommendation
for scoring your applicants based on
APSCREEN scores
is as follows:
Anything higher that a 680 (to a maximum level of 800) is a relatively
sure thing. This applicant has proven he/she can perform on its debt,
has low “associated” or “relative” risk, and will
most likely have no trouble paying the rent. You will need no, or
minimal additional qualifiers.
We suggest that the Rate-A-Renter score, in addition to an eviction
report, and/or verification of employment, should get you all of the
information you need to make an effective rental decision. Many of
our clients opt to use only the APSCREEN
score, but that is up to you.
The applicant who has a
APSCREEN
score between 560 and 680, also known
as “sub-prime,” is a candidate for additional research such
as an eviction check, employment verification, and prior landlord
contact, as well as a determination as to how long they have had their
bank account open.
Call 800 277-2733
for more of our services.
If the candidate is below 560, it is our advice that this applicant
may not be able to pay the rent, and, if you still feel the need to
rent to them, do so with additional deposit for any possible shortfall
or delay in payment of rent.
APSCREEN, the parent company of
Rate-A-Renter, has been in the tenant qualification business nationwide
for over 27 years and is the undisputed leader in tenant qualification.
We are unable to guarantee any decision you make using our information,
because we can’t control either end of the information or decision
spectrum, but we can tell you that this scoring method, coupled with
the suggested additional research modules, is the best process we’ve
seen in over 27 years.
In the end, you are the only person making the decision, so if you
feel you do not have enough information upon which to make an effective
decision, a Rate-A-Renter consultant will be happy to assist you.
We think you will be amazed at how wonderful it is to have an easy
process to follow to get an instant rating on your potential candidates,
without the physical inspection, file retention, and security requirements
now associated with accessing credit reports.
What’s next? CALL US at 800
277-2733 and we’ll get you started on the road to
making easy decisions.
Rate-A-Renter, it’s all you need! |
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