Passing a Credit Check for Furnished Rentals in Denver
Corporate Housing Solutions | A recent article in the Westword referencing a new study found Denver to be one of the hardest cities for renters to pass a credit check in,"The credit score required for renters to get approved in Denver remains among the highest in the country, partly because of the still-red-hot housing market in the Mile High City.So says Nadia Balint, author of a new study for RENTCafe. The analysis found that the average credit score of approved renters in fifty major cities across the country stands at 650, a number that's risen by 12 points in the last three years. In Colorado Springs, the median credit score is mighty close to the aforementioned national number: 651. But in Denver, the average figure stands at 676, landing the community just inside the top fifteen for U.S. cities with the highest average rent credit score needed for approval. And the average credit score of rejected Denver rent applicants — 553 — is on the high side, too."