What is a good FICO credit score for renting?

The landlord is faced with finding tenants that will pay on time and be a dependable source of investment income for the landlord. One evaluation tool available to the landlord is the FICO score. The FICO score is a calculation from several sorts of credit criteria based on a persons credit report. In order to determine what is a good FICO credit score is for renting the landlord must first understand the basis of the FICO score. Then a determination can be made as to an appropriate score that would be acceptable for a renter. [Read more…]