7/24/2023 0 Comments Appfolio reviewsI would have been satisfied with something less specific too like, "payment history, then credit utilization, then rental history, etc"īBB Business Profiles may not be reproduced for sales or promotional purposes.īBB Business Profiles are provided solely to assist you in exercising your own best judgment. I'm not asking for proprietary information, something like, "the score is roughly, 35% Rental History, 15% DTI, 20% Utilization, 30% Payment History" would do. I never received a rough breakdown of how the Rental Risk score is calculated. Why is there no option for an AppFolio Rental Screening applicant to consent to using their existing rental history in AppFolio Online Portal? I was told I don't own my rent payment data and the only way for that data to be used in their screening system is up to my current landlord authorizing its use in RentBureau. I further questioned what that is and why my landlord has to authorize and, presumably, pay a third party, Experian RentBureau, to send data from one part of their app, OnlinePortal by AppFolio, to another one of their services, AppFolio Screenings. I asked how the rental history from the AppFolio OnlinePortal app I use to pay rent gets to the AppFolio Screening service, she said it has to go through RentBureau. She couldn't explain what credit factors roughly weigh in the renter risk score and was upset when I said I would like a little more info as to how it's weighted rather than, "that's just the score we give you (through Experian)."ĪppFolio should have to provide at least a rough description of how a score used in their app is calculated. I sent an inquiry to AppFolio asking for an explanation and why none of the rent payments made through the AppFolio OnlinePortal app at my residence of 2 years were included in the score. ![]() The Experian Rental Risk score provided by AppFolio was roughly 100 points lower than FICO/Vantage Scores, surprising when it measures rental risk and not "creditworthiness." ![]() I applied for a rental and the property manager used AppFolio Screenings to provide the score that lead to them declining my application.
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