- September 30, 2014
- September 23, 2014
- September 16, 2014
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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A brief overview of just some of the technology-based opportunities for asset managers that will be discussed at the 2014 Multifamily Asset Management Conference produced by NAA and Joshua Tree...