Description-About credit score

asked 12 Nov '12, 11:39

Janet's gravatar image

Janet
11113
accept rate: 0%


Most of our tenants don't break 600, just to note it. I just took a 502. :)

In other words, the score doesn't matter much to me. It is the details that matter more. We have rentals in a small town with little job market. If we waited for 650+ scores, we'd be 100% vacant 100% of the time. :)

So, I think this varies greatly by the type of rentals that you have. For a nice SFH in a "normal" area, I likely still wouldn't have a set minimum score, but I would certainly consider it more as part of the package.

On a side note, clearly you did not really have a minimum either -- since you said that your "minimum" was 650, but then accepted someone that was 640. :) So, even you use your "minimum" as a suggestion, of sorts...

link

answered 12 Nov '12, 11:40

Janet's gravatar image

Janet
11113
accept rate: 0%

I rent in some nice subdivisions. I haven't got any applications above 500 in quite some time. I used to shoot for 600 and above, but now I'd be happy for a 525 score. Credit score is not the only thing, but whenever I've rented to someone with a low credit score, they've been a major pain.

link

answered 12 Nov '12, 11:40

Janet's gravatar image

Janet
11113
accept rate: 0%

Between 600 to 800 is too good.. FICO reports from 300 to 850. I am happy to get free credit report gov

link

answered 16 Mar '13, 11:43

herpa's gravatar image

herpa
111
accept rate: 0%

Your answer
toggle preview

Follow this question

By Email:

Once you sign in you will be able to subscribe for any updates here

By RSS:

Answers

Answers and Comments

Markdown Basics

  • *italic* or _italic_
  • **bold** or __bold__
  • link:[text](http://url.com/ "title")
  • image?![alt text](/path/img.jpg "title")
  • numbered list: 1. Foo 2. Bar
  • to add a line break simply add two spaces to where you would like the new line to be.
  • basic HTML tags are also supported

Tags:

×97
×7
×1

Asked: 12 Nov '12, 11:39

Seen: 47,229 times

Last updated: 16 Mar '13, 11:43

powered by OSQA