If the credit check does not meet this criteria, it will then cause the application to be rejected and no further processing will be done.

It does not matter whether or not the judgement or collection has been paid. An applicant who has demonstrated an inability to pay has caused a creditor to pursue him through the court system is not an acceptable risk.

If an address appears on the credit check that was not listed on the application and they lived there during the previous 3 year period, the applicant must be contacted to obtain that information, so that it can be verified.

If the applicant challenges the rejection within the 14 day time frame and they can prove all poor credit was medical expenses, we will then continue to process the application.

The applicant will still be held responsible for all credit obtained during a marriage even if the divorce decree states that the ex-spouse of the applicant is held liable for debts listed on the credit report. However, the applicant will not be held responsible if the poor credit occurred after the divorce because the ex-spouse did not keep the debts in question current.

As per policy, the RPM is to meet with any applicant that has been rejected and challenges the rejection. The property manager should contact the RPM to set up the appointment.

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