It's Not Just About the Credit Score...

Yes, that is pretty standard...thanks for commenting on my blog. It's nice to know that someone actually read it. So what do you charge for you application fee? And do you make the verification calls yourself or do you rely on a service to do it? Just curious.

Hi Sue,

I also read your article and found it very interesting. I couldn't agree with you more that tenants need to look at other data. Not only can property managers rely soley on credit data. Let me ask you a question, what happens when you are screening a pre-tenant and they have very little to no credit history, but they pay their bills on time, they have bank accounts, they have no evictions, etc? Do you turn them away. That is a $40 billion market you can tap into (I am not just saying this, but GE Money is). There is the 4th credit bureau report known as PRBC that will allow you make safe and sound choices in providing these clients (by the way $50 million Americans have little to no credit history) with a place to live. While at the same time, you can help them build their credit report. Nowadays, Ford Motor Credit Union, Dell PC, and mortage companies now look a this report in their factor decision process. There is your competitive advantage against the competition. I encourage you to look at our website: www.microbilt.com. Not only can I help you in credit, but I can also guarantee an increase in your revenue while decreasing expenses and risks and increase your marketability. Thanks and again like the article. Justin