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Updated over 10 years ago,
Tenant Screening - FICO Credit Scores
Hello,
My real estate agent will screen prospective tenants for us using the NTN Decision Point service. I have never used this service. Previously, I requested the tenants' agent to provide me with a credit report and credit scores. My agent tells me that it is illegal to get FICO credit scores? Is this true? For me FICO credit scores have been somewhat of a reliable indicator of good/bad tenants.
I know SmartMove by Transunion provides credit scores.
Some specific questions:
(1) Does NTN provide credit scores? If not, how can I obtain them? I know they provide this score from 0-100 where 80-100 score makes the applicant acceptable as a tenant.
(2) I cannot pull the credit reports directly myself, correct? Is so, I can request the tenants' to pull their reports (from say annualcreditreport.com) and provide with the application, correct?
(3) Some credit card companies provide credit scores. Can I ask to provide a credit card statement if the score is available?
(4) What other sources are available to get FICO credit scores?
Any help/suggestions much appreciated. Thank you.
MP.