Resident scoring from TransUnion

Translating credit histories to rental payment performance

Tenant screening is really about understanding one thing: is this the tenant for you?

Property owners know what's at risk when they pick a renter:

Eviction
Late payers
Skipping out on a lease

You need information to help you make the best possible leasing decision so you can continue generating rental income. When looking at your applicants, having their ResidentScore helps you better understand the risks.

SmartMove's® ResidentScore will help you score potential tenants with more precision than a traditional credit score. ResidentScore uses a sophisticated formula to analyze the credit report and produce a score between 350-850. Where your applicant's score falls on the scale can help you better assess their risk.

Why is a tenant ResidentScore better than a credit score?

Credit scores are used to predict the outcome of a loan, not rental performance
ResidentScore is designed specifically for tenant screening by TransUnion
Tenant ResidentScores come with every SmartMove tenant screening package

Unlike other scoring models, TransUnion's ResidentScore is powered by a sophisticated analysis of more than 500,000 actual resident records.

tenant rental score

Key Points

More peace of mind
Thorough payment history info
Tailored for rental screening
Landlord-friendly format

SmartMove's screening services uncover a predictive ResidentScore.

As a landlord you’re looking for a report to help minimize problems with your rental property. A credit score may do the job, but TransUnion provides information for our rental screening customers that is tailored to their unique needs. SmartMove's ResidentScores give landlords pertinent information about rental applicants; specifically, the reliability and level of risk they may bring. ResidentScore assigns a score from 350-850, with 850 being the best score possible. This score is designed to take credit report data into account when determining a tenant's score.

How it works

We review the tenant's credit history, just like a credit score. But we run the credit history through a different formula to compile a ResidentScore. Based on the score, and the property information entered, SmartMove will also generate a leasing recommendation^†.

Why it's Important

As a landlord, you have to put a certain level of trust in your renters. By educating yourself with the information provided by TransUnion SmartMove's customized credit and background checks, you can make more knowledgeable decisions about your renters. You're not a bank, you deserve more customized information than a credit report alone can provide, which is why TransUnion provides ResidentScores with every one of our tenant screening packages.

^†The SmartMove recommendation service (a credit score based recommendation) may not be available in certain jurisdictions, and is subject to laws that may limit or otherwise prohibit your use in certain jurisdictions, including but not limited to Washington D.C.