Search

Renter FICO, Criminal, and Eviction Trends 2018

ApplyConnect has released a criminal, eviction, and credit score analysis for September through December, 2018. Highlighting the number of rental applicants that have criminal and eviction records on their tenant background checks, as well as the average FICO credit score, ApplyConnect’s quarterly data analysis shows that the applicants that are applying to your rental properties have promise.

Criminal and Eviction Records for Rental Applicants

rental applicants with criminal histories
Click the graphic to download a free guide!

September to December of 2018 yielded promising results for rental housing properties. This quarter showed that among all the tenant background checks processed, an average of 20.18% produced a criminal record. On the flip-side, this means that 79.82% of the rental applicants scanned did not have a criminal record in their background checks.

Quarterly, an average of 5.91% of all rental applicants possessed an eviction record, with an average of 8.7% producing an enhanced ‘eviction+’ record.

What’s the difference between a nationwide eviction scan and an enhanced eviction+ scan? Overall, the eviction record search looks for public record data on your rental applicant’s file within a proprietary database of 36+ million records built by ApplyConnect. This nationwide scan includes looking into past court actions, unlawful detainers, monetary judgments and court-ordered possessions. Eviction+ pairs ApplyConnect’s national eviction search with a more enhanced address history search.

Flip to See CIC's Criminal, Eviction, & Eviction+

Criminal Background Checks

A nationwide database scan of all 50 states + D.C., including all major, reportable types of criminal records.

Eviction Records

A nationwide search of a proprietary database of 36+ million reportable unlawful detainer (eviction) records, no duplicates.

Eviction+ Records

An enhanced version of the nationwide eviction database scan that cross references applicants with additional addresses associated with their consumer profile.

FICO Credit Scores

Alongside new rental housing criminal and eviction data, this quarter’s FICO credit scoring data revealed mixed results. For the good news – on average, 37.6% of all rental applicants scored this quarter had an excellent or good credit score, with FICO scores between 701 – 850. For the not-so-great news – an average of 34.55% of the applicants scored had a poor or very poor credit score, with FICO scores ranging between 300 – 640.

FICO stats for renters
Click the graphic to download a free guide!

If your rental properties are encountering more low credit scores than high ones, it might be a good idea to add a policy targeting lower scores to your rental criteria that considers additional rental factors. These can be your property’s location, your rental competition, and even weighing the applicant’s criminal and eviction history.

As new rental applicant eviction, criminal and credit scoring background check data gets released, keep this in mind when you revise your property’s rental criteria. Click here to subscribe for future updates.

Subscribe for more news and tips!

[mailpoet_form id=”2″]

Share with your friends!

Share on Facebook
Share on Twitter
Share on Linkdin
Share via Email

More Articles from ApplyConnect

Tenant Screening

ApplyConnect FAQ: I’m a Renter. Can My Lease Be Broken Because of _____?

Navigating the world of lease agreements as a tenant can sometimes seem a bit daunting, especially when both parties aren’t clear about their rights and responsibilities. Ever been in a less-than-ideal rental housing situation in which you had to ask yourself, “Can a lease be voluntarily broken, and if so, can it be because of _______?”

Read More »
Tenant Screening

Landlords: The FTC and CFPB Request Public Comment from You!

The Federal Trade Commission (FTC) and the Consumer Financial Protection Bureau (CFPB) have united to inspect how background screening can impact American renters, with a particular emphasis on examining the use of criminal and housing court records and tenant screening practices. As part of a whole-of-government effort detailed in the White House’s January 2023 Blueprint, the FTC and CFPB are seeking public comment until March 30, 2023. We urge you to voice your unique industry perspective.

Read More »

3 Replies to “Renter FICO, Criminal, and Eviction Trends 2018”

  1. WOW!! This is great. I think there are many things I love the most. This post is definitely going to help for those who are facing problem.

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Subscribe for more news and tips!

[mailpoet_form id=”2″]

Share with your friends!

Share on Facebook
Share on Twitter
Share on Linkdin
Share via Email

More Articles from ApplyConnect

Blog Topics

Click the dropdown

Tenant Screening

ApplyConnect FAQ: I’m a Renter. Can My Lease Be Broken Because of _____?

Navigating the world of lease agreements as a tenant can sometimes seem a bit daunting, especially when both parties aren’t clear about their rights and responsibilities. Ever been in a less-than-ideal rental housing situation in which you had to ask yourself, “Can a lease be voluntarily broken, and if so, can it be because of _______?”

Read More »
Tenant Screening

Landlords: The FTC and CFPB Request Public Comment from You!

The Federal Trade Commission (FTC) and the Consumer Financial Protection Bureau (CFPB) have united to inspect how background screening can impact American renters, with a particular emphasis on examining the use of criminal and housing court records and tenant screening practices. As part of a whole-of-government effort detailed in the White House’s January 2023 Blueprint, the FTC and CFPB are seeking public comment until March 30, 2023. We urge you to voice your unique industry perspective.

Read More »

3 Replies to “Renter FICO, Criminal, and Eviction Trends 2018”

  1. WOW!! This is great. I think there are many things I love the most. This post is definitely going to help for those who are facing problem.

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.