Credit Score Checks (by scott [MA]) Jul 25, 2018 3:56 PM
Credit Score Checks (by JB [OR]) Jul 25, 2018 4:13 PM
Credit Score Checks (by plenty [MO]) Jul 25, 2018 4:18 PM
Credit Score Checks (by bet [MA]) Jul 25, 2018 5:06 PM
Credit Score Checks (by Vee [OH]) Jul 25, 2018 7:43 PM
Credit Score Checks (by Robert J [CA]) Jul 25, 2018 9:06 PM
Credit Score Checks (by Still Learning [NH]) Jul 26, 2018 3:54 AM
Credit Score Checks (by Andrew, Canada [ON]) Jul 26, 2018 4:09 AM
Credit Score Checks (by myob [GA]) Jul 26, 2018 4:13 AM
Credit Score Checks (by WMH [NC]) Jul 26, 2018 4:32 AM
Credit Score Checks (by Tom [FL]) Jul 26, 2018 9:25 AM
Credit Score Checks (by Scott [MA]) Jul 26, 2018 6:27 PM
Credit Score Checks (by Still Learning [NH]) Jul 27, 2018 3:53 AM
Credit Score Checks (by scott [MA]) Posted on: Jul 25, 2018 3:56 PM Message:
State Specific Question About: MASSACHUSETTS (MA)
Do any of you LLs use creditKarma or credit.com or similar sites to help decide who to rent your apartments to?
If so, would you have them bring their phones and show you their credit scores in person?
thanks,
Scott
--108.34.xxx.xxx |
Credit Score Checks (by JB [OR]) Posted on: Jul 25, 2018 4:13 PM Message:
Credit Score Checks (by plenty [MO]) Posted on: Jul 25, 2018 4:18 PM Message:
A few times I have... but I know better. --99.203.xx.xxx |
Credit Score Checks (by bet [MA]) Posted on: Jul 25, 2018 5:06 PM Message:
NO. There is so much more in a credit report than just the score, like is that their real name, how many times have they moved. joint or single account, how many loans do they have, car payments. They all say bad credit was caused by BLHahh divorce 6 yrs ago, ok well why do they still have bad credit now. Get good at reading reports. The score is a small part the report. --108.20.xxx.xxx |
Credit Score Checks (by Vee [OH]) Posted on: Jul 25, 2018 7:43 PM Message:
You want to see the report for all you know they rang in with aunt Susans numbers, no application no further progress - next batter. --76.188.xxx.xx |
Credit Score Checks (by Robert J [CA]) Posted on: Jul 25, 2018 9:06 PM Message:
The numbers them selves mean almost nothing. Someone with a horrible payment history but large amounts of credit can still score high. I find fault in only relying on one source of information. --47.156.xx.xx |
Credit Score Checks (by Still Learning [NH]) Posted on: Jul 26, 2018 3:54 AM Message:
I went through the inspection and use the service through Mr. Landlord. It has saved me several times when someone comes off seeming good and then I discover they owe the fed govt 35k or have cyclically been in collections every 5 years. Other times their story of divorce 6 years ago caused temp credit issues and the credit report shows that with no issues after. It’s the details you want. --24.61.xxx.xx |
Credit Score Checks (by Andrew, Canada [ON]) Posted on: Jul 26, 2018 4:09 AM Message:
Also, do not accept a paper copy of the credit report if the tenant provides it. Too easy to fake. --70.31.xx.xxx |
Credit Score Checks (by myob [GA]) Posted on: Jul 26, 2018 4:13 AM Message:
we use this sites reports. not the 14.00 but $24 one. never use anything else. someone mentioned fakes -- thats for sure along with fake pay info and tax returnes. you can google and buy your "new" info for about 25.00. --99.103.xxx.xxx |
Credit Score Checks (by WMH [NC]) Posted on: Jul 26, 2018 4:32 AM Message:
I don't care about "score" unless it's extraordinary in some way, good OR bad. I care about seeing the details of the report. Which you can get from Credit Karma, yes, but no way to know how edited that info is if they bring it to you.
Really I care more about criminal and eviction history. --70.63.xxx.xx |
Credit Score Checks (by Tom [FL]) Posted on: Jul 26, 2018 9:25 AM Message:
Initial phone call self screen out due to credit app and credit check will be run. So the poor/bad credit prospect moves onto the next landlord that does not run a credit report. The next landlord sees green with sec dep, first and last months rent in hand ready to rent. Within time this tenant will be a problem for this landlord, oh well.
Credit Score + delinquent accounts + charge offs + collections are over the top excessive then immediate rejection, If not then look at outstanding debt of existing credit, income factor, criminal, eviction, if checks out then move onto contact former landlord, may talk to present landlord BUT may not give any negative and be all positive, in-home visit... --99.56.xx.xx |
Credit Score Checks (by Scott [MA]) Posted on: Jul 26, 2018 6:27 PM Message:
thank you all!
These are all great answers - much appreciated.
I REALLY like Tom [FL]'s response. Reads like a checklist that I can use.
Again thanks for all your replies. I will not be checking credit scores only now that I have your input!
Scott --108.34.xxx.xxx |
Credit Score Checks (by Still Learning [NH]) Posted on: Jul 27, 2018 3:53 AM Message:
Using this site is also convenient once approved. Ran2 last night around midnight. Working crazy hours lately and don’t get to applications until late at night. With this site, I can run them any time. --24.61.xxx.xx |
Reply:
|
|