When applying for an available rental, Stars & Stripes Homes, Inc. checks your Credit Score via Experian. That's what our home owners expect and that's what we do. Questions? Ask our Property Manager who is managing the home you are interested in. Credit scores can make a difference. The average credit score in the United States is presently around 695 points.
Research shows that renters are now less likely to be evicted or skip out on their leases thanks to improving economic conditions in the U.S., according to a new report from TransUnion. This particular report shows that renter risk decreased by 2% year-over-year as 34% of renters now have renter scores of 720 or higher. The score is based on a TransUnion proprietary scoring method.
According to TransUnion Senior Vice President of Rental Screening Mike Doherty, landlords can thank a strong economy and low unemployment levels for the rise in renter dependability.
“When property management companies are steady on their accept or decline criteria, they are declining fewer applicants and the population they are accepting is expected to perform better,” Doherty said.