What does the Credit Report FICO or Emprica Score mean?
The Credit score ranges from 400 to 850. The higher the score, the lower the risk.
The Lower the score, the higher the risk of renting to that prospective tenant is.
This score is determined by using formulas developed by Fair, Isaac & Company.
The mathematical formula used evaluates the information on the credit report
(payment history, length of history, the amount owed, etc) and then compares this to patterns of past credit reports.