Credit Scores

[Bob Norris]

We all have been instructed to set a criteria for the renters we want to attract and are willing to rent to.  Brandon's book on managing rentals is a great primer and guide on the subject.  I have read articles on what credit scores to accept, i.e., 600+, 700+, etc.  What I don't have a good handle on is how to set my company's acceptance standard and what specific scores mean.  How credit worthy is someone with a 615 score as compared to a 675, for instance.  

What number do you use, why, what does it mean, and what type of renters do you get in exchange for your score?  

Thanks,

Bob