Credit History & Credit Score
Credit History | Credit Score | Late Payments & Collections
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
- 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.