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Updated almost 3 years ago on . Most recent reply

User Stats

7
Posts
0
Votes
Vandana Arora
0
Votes |
7
Posts

Renter's Credit check report

Vandana Arora
Posted

Hi,

I ran credit check for first time for rental application. Need guidance to what to focus on that report. 

Received comments like



Recency of a balance overlimit on a bankcard account

Not enough available credit

Too many serious derogatory items

Total amount past due is too high

Inquiries impacted the credit score

TIA,

Vandana Arora

Most Popular Reply

User Stats

19
Posts
21
Votes
Andrea Kendall
  • Investor
  • Dallas, TX
21
Votes |
19
Posts
Andrea Kendall
  • Investor
  • Dallas, TX
Replied

Fully agree with @Cody Hunter. I don't always think that a credit score is indicative of someone's worthiness (not everyone agrees with that) but in this case you are seeing tons of evidence that this person is unable to pay their bills, there is no logical reason to think they will pay you rent. 

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