Credit Report | No Score or Unable to Score

There are times when you order tenant screening reports and receive a credit report with No Grade, Cannot Score, or No Score.  

Possible reasons for No Grade, Unable to Score, or No Score results: 

• Incorrect social security number.

  Confirm that the applicant's information matches the social security number. If you notice in the credit report detail section the words No Hit, it is a good indicator that you have entered in the social security incorrectly or your applicant gave you false information.

• The applicant could be young or have recently obtained U.S. citizenship, and does not have active credit usage, such as a student loan, auto loan, mortgage, or credit cards. 
• The applicant has never used the credit system (no loans, no credit cards) and has paid cash for everything.
• The applicant may have had prior loans and debts, but has either closed all their accounts or does not have enough open accounts to generate a score.

• The applicant had loans and debt, but filed for bankruptcy on all of the accounts; those accounts were closed due to the bankruptcy filing, and they never acquired any new recent credit.

  
  

  Note: The bankruptcy would reflect in Public Records for a minimum of 7 years.

• The applicant had prior loans and debt, but all accounts are now in collections.