- April 21, 2015
- March 26, 2015
- March 24, 2015
There’s more to a credit score than meets the eye. Five percent of consumers had errors on one or more of their three major credit reports, and 25 percent identified errors in their credit file that might affect their credit score, according to a February report by the Federal Trade Commission that was based on an eight-year study of the credit reporting industry.
Based on this study, apartment owners may want to think twice about making a leasing decision solely on a prospective resident’s credit information. Doing so could allow as many as one-quarter of perfectly qualified applicants walk out the door while apartments remain vacant.
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Property management can feel like an act in a three ring circus. The NAA Click & Lease program simplifies the lease forms process allowing you to focus on what's important.