Updated almost 4 years ago on . Most recent reply
Accepting applicants who are in collections
What are your best practices for accepting an applicant who has a credit report showing active collections? The credit score meets our criteria 640 or greater, good landlord reference, and income of 3x's the rental rate? I am hesitant to go forward with the applicant, given there are currently creditors who have turned over their accounts to collections for their debt?
Thanks in advance,
Steven Braden