Steer Clear of Your Next Eviction: A Guide for Rental Property Owners.

Spotlight
We are excited to share with you a free copy of ISC's new eBook, "Steer Clear of Your Next Eviction: A Guide for Rental Property Owners." David Pickron, President of ISC, shares over 20 years of knowledge in this book which is overflowing with great advice for landlords as well as seasoned and new investors. Learn some common mistakes made during the application process, costly red flags and money-saving tips to help you steer clear of your next eviction.

Credit History & Credit Score

Credit History | Credit Score | Late Payments & Collections

credit score history last payment collection

A potential tenant’s credit history gives you a wealth of financial information about them, and is integral to making good leasing decisions. ISC credit reports contain vital information such as:

  • Payment history
  • Outstanding debts
  • Recent credit inquires
  • Bankruptcy
  • Other public records

Since credit reports tend to be complicated, most landlords and property managers use a credit score to unify the various factors involved and judge the credit worthiness of a potential tenant. Generally speaking, higher credit scores are better – they translate into a lower risk of late payments and eviction.

At ISC, we work within your guidelines to give you personalized leasing advice. You tell us what kind of standards potential tenants need to meet, and we’ll help you make good decisions based on those criteria. Once you’ve set your leasing parameters, credit reports are factored into your approval or denial recommendation, but the final call is still up to you.

In addition to credit reports, ISC strongly recommends that you consider additional factors like criminal history, past evictions, and other signals of risk to your property and investment. To make a sound leasing decision, you need to combine the right facts with careful review and consideration.