TenantSelect:
TenantSelect is an automated decision generated from preset filters. The preset filters are a series of decision tables containing rules and criteria that are applied to the credit report. Rules and criteria are conditions, as displayed below, that must be met before being approved. Ultimately, you receive a simple recommendation based upon the actual credit report of the applicant as compared against the rules and criteria. Below is a breakdown of the preset rules and conditions used to make the determination.The recommendation reflected in the TenantSelect report is based solely on the credit report and does not include any analysis from eviction, criminal, sex offender or fraud reports. AAOA suggests that every member do extensive due diligence prior to making a final decision.
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Preset Filter for TenantSelect
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Rules and Criteria
(One Failed Rule Equals Decline) |
Red
Declined |
Yellow
Conditions |
Green
Approved |
Explanation of Rules and Criteria(Description) |
| (Number of Instances or Occurances) | ||||
 30 – 59 days past due |
4 or more
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3
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2 or less
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If Applicant has a Tradeline delinquency within the past year or 12 months.
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 60 – 89 days past due |
3 or more
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2
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1 or less
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 90 – 119 days past due |
3 or more
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2
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0
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# of Trades Past Due |
4 or more
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3
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2 or less
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If Applicant has a Tradeline delinquency within the past month or 30 days.
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# of Trades 60+ Past Due |
3 or more
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2
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1 or less | |
   # of Trades 90-180 Past Due |
3 or more
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2
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0
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 Collection |
3 or more
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2
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1 or less
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If Applicant has any Accounts in the Collection Section
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 Tax Liens |
3 or more
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2
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1 or less
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If Applicant has any Tax Liens in the Public Records Section
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 (SCNL) Skip Cannot Locate |
3 or more
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2
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1 or less
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If Applicant has any SCNL listed in a Tradeline or Collection Account
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 Judgments |
3 or more
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2
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1 or less
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If Applicant has any Judgment in the Public Records Section within the last 48 months or 2 years.
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 Charge off |
3 or more
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2
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1 or less
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If Applicant has Charge Offs in a Tradeline within the last 48 months or 2 years.
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 Foreclosure |
1 or more
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0
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0
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If Applicant has had any Foreclosure(s) within the last 48 months or 2 years.
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 Reposession |
1 or more
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0
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0
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If Applicant has had any Reposession(s) within the last 48 months or 2 years.
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 Garnishments |
1 or more
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0
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0
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If Applicant has had any Garnishment(s) within the last 48 months or 2 years.
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 Bankruptcy |
1 or more
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0
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0
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If Applicant has had any Bankruptcy(ies) within the last 48 months or 2 years.
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 No Credit |
N/A
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1 or more
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1 or more
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If Applicant does not have 1 or more tradelines of credit established, a declined decision will result.
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 No Hit |
No Hit
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-
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-
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If Applicant information provided does not match a file the credit bureaus have on record, a declined decision will result.
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