Credit is one of six things we score, and it works as a set of tiers rather than a single pass or fail line.
- 650 or above: a standard approval.
- 600 to 649: approved with either a qualified cosigner or TheGuarantors, whichever you prefer.
- 550 to 599: approved with TheGuarantors.
- Below 550: usually not approved, though we have a defined exception where the credit difficulty is substantially medical or student debt.
Little or no credit history is not counted against you. We cannot score a file that does not exist, so rather than treat it as a low score we look to a cosigner or TheGuarantors instead.
We review the whole application, not the credit score on its own. Alongside credit we look at rent-to-income ratio, credit derogatories, criminal history, length of rental history, and any late rent or mortgage payments in the past year. Strength in one area can offset weakness in another, though a significant weakness in a single area may still fall short of our guidelines.
