Prospective tenants are awarded a rating from 350-850, with 850 being the best possible score. The score is generally made up 5 factors (actual score elements may vary based on specific tenants being scored):
Choose who pays and no hidden fees.
**The Criminal Report, Eviction Related Proceedings Report and SmartMove recommendation service (a credit score based recommendation) are subject to federal, state, and local laws that may limit or restrict SmartMove's ability to return some records or recommendations. Certain jurisdictions may limit what records are eligible for return, click here for more information.
✝ Based on a 2016 TransUnion Survey:
Built specifically to identify the likelihood of eviction better than a typical credit score.
Get more insights on people who have thin files that would otherwise not be able to get a score (can score all applicants with at least one account on their credit report).
ResidentScore that specifically analyzes predictors of a bad rental outcome better than a typical credit score.
ResidentScore assigns a score from 350-850, with 850 being the best score possible. This score is designed to take credit report data into account when determining a tenant's score.
Both a typical credit score and SmartMove® ResidentScore can help minimize risks when screening an applicant. However, ResidentScore is explicitly engineered for rental screening and is designed to provide a better estimation of risk to your future rental property income than a typical credit score*. Below are the benefits of ResidentScore over a standard credit score:
With ResidentScore, you aren’t stuck basing your decisions on the same algorithms that a bank would use. Instead, you’re using a score that specifically analyzes predictors of a bad rental outcome.