Tenant screening requirements question

[Edlyn Gonzales]

We have an application for one of our apartments with 2 tenants. Our minimum requirement for credit score is 580. 1 of the applicants credit score is 558 (this person makes majority of the income) and the 2nd person has a 661 credit score. Should the 580 minimum be an average of there scores? Or per person? 

Based on the employment records the jobs thst afford them the apartment are new. And one of them has a DUI. 

What else should we be considering ?

Would you accept this couple as a tenant? Why or why not?

Thank you!

[Account Closed]

When considering potential tenants, it is important to have a clear and consistent policy in place regarding credit scores and other factors. In this case, it ultimately depends on the specific policies of the apartment complex or landlord.

Some landlords may consider the overall average credit score of both applicants, while others may require each individual applicant to meet the minimum credit score requirement on their own. It is important to clarify this policy beforehand to ensure consistency and fairness in the application process.

In addition to credit scores, other factors to consider when evaluating potential tenants include their income level, employment stability, rental history, criminal background (such as the DUI), and any other relevant information provided in the application.

In this particular scenario, the fact that one of the applicants has a credit score below the minimum requirement, as well as a DUI on their record, may raise red flags for some landlords. However, it is also important to consider the applicant's income level, employment stability, and any other positive attributes they may bring to the table.

Ultimately, the decision to accept or reject the couple as tenants will depend on the landlord's specific policies and risk tolerance. It is recommended to carefully review all relevant information and weigh the pros and cons before making a decision.