1. The Heading is at the very top. It contains the inputting information. Time, Date, and the Client Reference Number. The inputting information includes the name, social security number, and address of the applicant followed by the name of the requesting party.

May 13, 2000 00:06:54 AM Inquiry 21 Reference 18792

Joe Johnson CONSUMER 557-**-****
1111 Moor St Walnut CA 91773
RM 1
U-George Patton/O
T-29
V-07/045/WIN14

Observe the name and social security number of the person. Does it match with the rental application the applicant submitted?

IDENTIFICATION

2. The next section of the report is the applicants' identifying information. This includes the Consumer's name and address, the address via the update tape (U=Update Tape, I=Inquiry, M=Manual Data).
The Account number for the consumer at their current address. The Consumer's previous address with source. (An asterisk preceding any address indicates the address was not entered on inquiry.)
The Consumer's year of birth. The Consumers Employer's name and address including time frame and source (U=Update Tape, I=Inquiry). The Consumers' Previous employer's name and address with time frame and source.

Joe Johnson CONSUMER
1111 moor st

walnut ca 91773

SS******** E: THE TIME
COMPANY
999 W Park st
LOS ANGELES CA
90091
RPTD: 6-99 TO 4-00 U 5X
LAST SUB: 2397645 DOB: 1951 RPTD:5-98

5250 LA CANADA BLVD LA CANADA, CA. 91011
RPTD: 7-95 TO 5-99 U 1X MICROSOFT
111 MAIN STREET
SEATTLE, WA 89121
RPTD: 10-89 TO 2-98

Observe the addresses and employment history against those submitted in the rental application. Do they match? The addresses are located below the applicants name with the most current address directly below the applicants name and chronologically listed from there. The employment and birth date information are located to the right of the applicant's addresses and above the summary score. Former addresses and employment information is inputted when a consumer applies. Therefore it can or cannot be a definitive verification of the last three residences or jobs.

SCORE SUMMERY (FICO)

3. The score summary Experian/ Fair Isaac (FICA or FICO) is above the applicants trade information, and is the over all rating of the applicants future loan worthiness as determined by many financial factors devised by the Fair Isaac Corporation. Generally scores exceeding 630 to 640 are considered by banks as worthy of loans. The lowest scores are in the low 400's and the highest scores close to 850 (Very few). Scores between 600 and 700 are very common and considered very good. Most applicants will fall between these scores (550 and 675). Scores below 575 are considered a risk, and usually warrant further documentation or higher security deposits if the landlord proceeds.

This is a comprehensive list of the information considered by Fair, Isaac scoring models in calculating a FICO score at one of the major CRA's. This information was released 6/8/2000 and was taken directly from the Fair Isaac web site.

Past payment history
Account payment information on specific types of accounts (bank cards, retail accounts, installment loans, finance company accounts, mortgage, etc.)
Presence of adverse public records (bankruptcy, judgements, suits, liens, wage attachments, etc.), collection items, and/or delinquency (past due items)
Severity of delinquency (how long past due)
Amount past due on delinquent accounts or collection items
Time since (recency of) past due items (delinquency), adverse public records (if any), or collection items (if any)
Number of past due items on file
Number of accounts paid as agreed

Amount owing
Amount owing on accounts
Amount owing on specific types of accounts
Lack of a specific type of balance, in some cases
Number of accounts with balances
Proportion of credit lines used (proportion of balances to total credit limits on certain types of revolving accounts)
Proportion of installment loan amounts still owing (proportion of balance to original loan amount on certain types of installment loans)

Length of time established
Time since accounts opened
Time since accounts opened, by specific type of account
Time since account activity

Search for and acquisition of new
Number of recently opened accounts, and proportion of accounts that are recently opened, by type of account
Number of recent inquiries
Time since recent account opening(s), by type of account
Time since inquiry(s)
Re-establishment of positive history following past payment problems

Type established
Number of (presence, prevalence, and recent information on) various types of accounts (bank cards, retail accounts, installment loans, mortgage, consumer finance accounts, etc.)

Following the FICO score will be a Score Factor section with several numbers. These numbers represent the following and were the criteria in determining the Fair Isaac Score.

A 01 Current balances on accounts
B 02 Delinquency reported on accounts
C 03 Too few bank revolving accounts
D 04 Too many bank revolving accounts
E 05 Number of accounts with balances
F 06 Number of finance company accounts
G 07 Unable to evaluate recent payment history
H 08 Number of recent inquiries
I 33 Proportion of current loan balance to original loan amount
J 09 Number of accounts opened in the last twelve months
K 10 Proportion of balance to high credit on banking revolving or all revolving accounts
L 11 Current balances on revolving accounts
M 12 Length of revolving account history
N 13 Length of time (or unknown time) since account delinquent
O 14 Length of time accounts have been established
P 15 Insufficient or lack of banking revolving account information
Q 16 Insufficient or lack of revolving account information
R 17 No recent (non-mortgage) account balance information
S 18 Number of accounts delinquent
T 19 Too few rated accounts current
U 24 Lack of recent balances on revolving/open accounts
V 20 Length of time since legal item filed or collection item
W 21 Amount past due to accounts
Y 32 No recent installment loan information
Z 30 Length of time since most recent account established
*

37

Number of finance company accounts established relative to length of finance history
* 25 Length of installment loan history
* 26 Number of revolving accounts
* 99 Lack of recent history on finance accounts, or lack of finance accounts
* 31 Too few accounts with recent payment history
* 28 Number of accounts established
* 98 Lack of recent information on auto loan, or lack of auto loans
* 36 Length of time open installment loans have been established
X 38 Serious delinquency and public record or collection filed
X 39 Serious delinquency
X 40 Derogatory public record or collection filed

PUBLIC RECORDS

5. If there are any civil actions with dollar amounts awarded, they will appear below the score summary in a field named Public Records. Public Record information consists of bankruptcies, liens and civil actions against a consumer. This information will include; the account's name and number, original filing date with court, status date if status is satisfied, released, vacated, discharged or dismissed, amount and type of public record, certificate or docket number, and code describing the consumer's association to the public record item per the ECOA. Also provided is the book and page number; plaintiff name; liability and asset amounts for bankruptcies only, voluntary indicator for bankruptcies only. (These may be displayed as VOLUN or INVOL, and an asterisk preceding public record information or a trade line indicates that information may been further review.

*CHINO DISTRICT COURT
C#: 45078321 11-20-92 12-01-93
1 BP: B476P210 3011111
PLAINTIFF BILL CLINTON $12,450 CIV CL JUD

*U S BANKRUPTCY COURT SAN BERN D# 9907648 6-10-91 3009999 $100,000-L BK 13-PETIT
VOLUN

TRADES

6. Under the trade portion , the amounts of loans and bank cards with payment histories. The name of the grantor is in the left column, the amount information in the center column, and the payment history is in the right column. Note in the center column L stands for the Loan amount or Limit and H stands for the Highest Balance Owed on the Account.

The most common of the codes used to describe an accounts condition are as follows:

CURR ACCT ACCOUNT IS CURRENT IN PAYMENTS AND IN GOOD STANDING

CUR WAS
30-2
ACCOUNT IS CURRENT WAS THIRTY DAYS LATE TWICE

PAID
ACCOUNT HAS BEEN PAID OFF TO A ZERO BALANCE AND IS INACTIVE

CHARGOFF

UNPAID BALANCE HAS BEEN REPORTED AS LOSS BY CREDIT GRANTOR AND ARE NO LONGER SEEKING REIMBURSEMENT

COLLECT
ACOUNT IS SERIOUSLY PAST DUE AND ASSIGNED TO COLLECTIONS

FORECLOS
PROPERTY WAS FORECLOSED

BKLIQREQ
DEBT FORGIVEN THROUGH CHAPTER 7, 11, OR 13

DELINQ 60
ACCOUNT IS SIXTY DAYS PAST DUE

INACTIVE
ACCOUNT IS INACTIVE

CLOSED
ACCOUNT IS CLOSED

7. On the far right hand side is the consumer payment history for the past 25 months. These codes reflect the monthly status of an account and are displayed for balance of loans. Collections and charge-offs are not graded. These codes stand for:

C Current
N Current account/zero balance-no update tape received
0 Current account/zero balance-reported on update tape
1 30 days past the due date
2 60 days past the due date
3 90 days past the due date
4 120 days past the due date
5 150 days past the due date
6 180 days past the due date
7 Bankruptcy Chapter 13 (Petitioned, Discharged, Reaffirmation of Debt Rescinded)
8 Derogatory, e.g. foreclosure proceeding, deed in lieu
9 Bankruptcy Chapter 7, 11, or 12 (Petitioned, Discharged, Reaffirmation of Debt Rescinded)
G Collection
H Foreclosure
J Voluntary Surrender
K Repossession
L Charge Off
B Account Condition changed, payment code not applicable
- No payment history that month

INQUIRIES

8. The last area is named inquiries. This is a list of companies that have inquired about the applicant,, usually for the purpose of extending new or additional loans. Numerous inquiries lower the applicant's summary score about two points per inquiry.
R AND B AUTO CENTER 4-21-99 09786543 AU
NISSAN AUTO 9-15-99 87654398 BB AUTO
BENEFICIAL TAX MASTERS 3-20 00 16754367 FP
9. Remember, if you have any questions or need assistance, please call us 714-441-0083
10. The Three CRA's
EXPERIAN, CONSUMER ASSISTANCE, P.O. Box 2002, Allen, TX 75013-0036 Telephone (888)397-3742;
EQUIFAX, CONSUMER ASSISTANCE, P.O. Box 740241, Atlanta, GA 30374-0241 Telephone (800)685-1111;and
TRANS UNION CORP, CUSTOMER RELATIONS, 2 Baldwin Pl., P.O. Box 1000, Chester, PA 19022 Telephone (800) 888-4213.

Citi Credit Bureau
714-441-0083 fax 714-441-0085

Review the application upon submission, make sure the information is complete and legible. It is mandatory to have the full name, social security number, and the complete current or previous address including the zip code of the prospective renter/employee/applicant in order to run an credit report. Additionally, a drivers license number and date of birth are needed for criminal record and DMV reports and previous addresses are beneficial for eviction reports.

Ask for a photo I.D., and compare it to the submitted application. Collect any documentation that supports additional income. Compare addresses and information on the credit report to those on the application.

Verify current employment information, and previous residence information by written documentation only. Ask for a bank statement. (There is no confidential information on a bank statement that doesn't appear on banking transactions.) Avoid verifying applicant information by phone, especially those references provided by the applicant. Request all collaborating documentation in writing.

Do not take a rental deposit from any applicant before verifying their references. It is not uncommon for the most likable and communicative applicant to have a terrible payment history and horrible credit habits. Use caution, especially from applicants who wish placement quickly without documentation, a verbal agreement, or want to give you a large amount of cash upfront in lieu of verification.

Any respectable applicant will be able to provide positive documentation. Don't leave anything to chance. If the reference information does not meet your criteria, order an eviction or criminal records. It's better to learn of these things before a tenant moves in.

More landlords today are commonly ordering criminal record on their potential applicants, and results suggest that landlords will soon request criminal records as standard information when reviewing prospective rental applicants in the near future.

Remember, it is legal to charge each applicant a reasonable screening fee so you may recuperate your expenses incurred in verifying their references when considering them. (Landlords in California for example, regularly charge between $25.00 and $50.00 per applicant.)

Don't feel pressured into making an instant decision no matter how good your applicants first impression has been, if needed C.C.B. will promptly check your prospective applicants references professionally in less than 24 hours. Reference Verification also includes an eviction record, a County and Federal criminal records, and complete verification with the critical documentation you need to make a definitive decision on your prospective applicant(s). Employment verification include a County and Federal criminal records verification and comprehensive reference verification including past employment history

Finally, familiarize yourself with the requirements and laws of the FCRA. Remember the old adage, "An ounce of prevention is worth a pound of cure."

Good luck with your applicants
Coastal Crdeit Bureau is landlord and employer friendly

3 Easy Steps to Ordering

In order to access information for prospective applicant screening, you must agree to use the services of C.C.B. for the sole purpose of prospective applicant screening. By agreeing to this document, you release C.C.B. from any litigation or damages arising from supplying applicant information to you and further agree to comply and abide by the statutes of the FCRA and the Access Security Requirements. Information received will not be given to the prospective applicant, given, altered, or resold to anyone else, and to the best of your ability kept in a secure and confidential location. Any person who knowingly and willfully obtains information on a individual from a consumer agency under false pretenses shall be fined under title 18, United States Code, imprisoned for not more than 2 years, or both.

I have read and understand the FCRA
I agree to all of the terms of the Access Security Requirements

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