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Updated almost 7 years ago on . Most recent reply
Question on credit requirements for tenants
Hey guys,
I'm going through my very first applications. We set our credit score standard to 600 and above. In a case of husband and wife for example, do you require them both to have a score of 600 and above? Or is one of them enough? We would require them both to fill out the application of course.
Thanks for the help!
Most Popular Reply

I also take credit into account when screening tenants, however, a high score does not always guarantee a high quality tenant.
I suggest creating a scoring system and using that for EVERY applicant. A strong scoring system that you use consistently can help you stay out of trouble if someone accuses you of discrimination.
Example: credit over 700 = 5 points, 600+=3 pts under 600/no credit= 0 pts
Good landlord reference= 2 pts, bad landlord reference= -1 pts, no landlord reference=0 points and so on with income, personal references, etc...
If the tenant scores a 10+ they automatically are approved.