One in Four People Have Criminal Records Is your tenant one of them?
You have four applicants in front of you, could you pick out the one with a criminal record? Would you know what to look for? Do they even have a 'look'?!Read More
720, 690, 840 - What do these credit scores mean?!
Let’s face it, FICO scores are important. They’re one of the most comprehensive tools which lenders use to help guide their decisions. And those decisions can, in turn, impact your life immensely. But what exactly is a FICO score? What are the fundamental elements that compose this humble three-digit number? And what are some steps that you can take to improve it?Read More
Fair Housing - Say What?!
Real ID, Inc helps clients stay compliant with fair housing. We want to make sure people are treated equally throughout the rental process. The fair housing act of 1968 protects people from discrimination when they are renting or buying housing.Read More
Ford, Toyota, and Credit Scores
What do they have in common?
The relationship between Transrisk and FICO score are like that of Ford and Toyota. Two cars developed for a similar reason. They are the same mode of transportation but constructed with a different material, model, and value.Read More
Will Your Credit Score Make Him Run?
What if your partner was like your car salesman, your mortgage broker, or your landlord? What if they had access to your credit score before first meeting you? What would it say about you? Would you still be together?Read More
You're moving in with him?!? Did you know...
You are in a committed relationship and planning to move in together. Obviously, when partners have gone ahead with the move in stage you feel like you know everything about your partner. You know their favorite food, favorite color, favorite movie, and credit score.Read More
How FICO Identifies Tenant Risk
Many landlords rely upon rental scores to estimate the relative financial risk of leasing an apartment. In addition to estimating risk, rental scores are an objective and consistent way of reviewing relevant applicant information, and help speed the application approval process.Read More
Eviction Reports: Do they really work?
When I talk to customers about our Enhanced Landlord Search (or "Evictions Report"), most often I'm met with the same two responses. "We've tried the Evictions Report in the past and it never seems to work" or "we already have an Evictions Report... why would yours be any different?"Read More
Decision Tables — Fair Housing Friendly Tools
Have you ever noticed a collection account on a credit report and were unsure as to whether it was a real estate related collection? Stop guessing and start decisioning! Using and understanding the data provided by our tools will significantly improve your decison making and your rent collectability.Read More