The credit score has become a three-digit obsession because so many lenders rely on it when making underwriting decisions, but this isn’t the only reason. The three major credit bureaus are partially responsible for this obsession because they’ve been aggressively marketing it to sell it consumers. Funny thing: Only one of the bureaus for most of this time has been offering the actually score that matters – commonly known as the FICO score. This is the primary algorithm used by…

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With over a million names on the terrorist watch list, how can you be sure your applicant is not one of them? The problem with the federal government’s list is that it’s basically just a name based system. So if your newly found applicant goes by a different name or spells it substantially different than disclosed to you, you may not catch it. Silly, but true. Thankfully, the odds of you actually discovering a prospective tenant on this list is…

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