few reasons why the tenant’s credit could not be scored. Here are a few possibilities and what you can do about them:

applicant’s name does not match their Social Security Number

If your applicant’s name does not match their Social Security Number a credit report cannot be returned. Confirm with the applicant their legal name and Social Security number.

The applicant is young or a recent US Citizen and does not yet possess enough active credit

ask for an extra initial deposit up front orhave a parent co-sign the application and lease

The applicant has lived their life paying cash for everything and have not taken out any loans or had to pay any creditors.

ask for an extra initial deposit up front to help protect yourself or have someone co-sign the application and lease.

The applicant has previously had loans and debt, but has either closed all of his/her accounts and does not possess enough open accounts

ask for an extra initial deposit up front orhave someone co-sign the application and lease.

The applicant has previously had loans and debt, but filed for bankruptcy

ask your credit reporting agency if there are any additional details on when the bankruptcy occurred and if there has been any additional debt or collections since then.

The applicant has previously had loans and debt, but all accounts are now in collections.

ask your credit reporting agency if there are any additional details on if these accounts are in collections, when they went to collections and if they are still in collections with a balance.

Get fast, accurate information about your prospective tenants.

Starpoint Tenant Screeningwww.starpointtenantscreening.com