Your rental application may be declined due to the negative public record and/or multiple collections that have not been satisfied within 24 months. Applicants may be declined based on vendor risk sources that do not meet the scoring policy of 680 or higher. Negative credit history is described as including, but not limited to, any of the following items:
•Any evictions, either for monetary or non-monetary reasons from any residential real estate
•An involuntary repossession of material or personal property
•Any pending lawsuits
•Any bankruptcy not discharged
•Any checks that have been returned and are under collection for non-payment
•Any demonstrated history of late or delinquent payments or outstanding balance
•Any landlord or Property Management company with a balance greater than $1.00
The absence of a credit file shall not adversely affect any applicant; however, the applicant may be required to either pay a higher security deposit, pay a certain number of months in advance, and/or be asked to provide a qualified lease guarantor. A lease guarantor must exhibit credit worthiness and the ability to satisfy the rental obligation in the event of default.
