A Resident Score is a number included in a Tenant Screening report that helps landlords understand an applicant's credit history and financial responsibility. Landlords use it as one factor when deciding whether to approve a rental application.
The score ranges from 350 to 850 and is based on information such as:
- Payment history
- Credit history
- Credit utilization (how much available credit is being used)
- Available credit
- Recent credit inquiries
Unlike a traditional credit score, a Resident Score is designed specifically for rental decisions and places greater emphasis on credit behaviors that are associated with paying rent on time.
What Do Resident Score Ranges Mean?
- 350-559: Poor
560 to 659: Fair
660 to 724: Good
725 to 759: Very Good
760 to 850: Excellent
A Resident Score is one part of the Tenant Screening report that landlords may use when evaluating rental applications. A higher score generally reflects stronger credit habits, but each landlord decides what information to consider when making a rental decision.