How much time do you actually spend going over applications, interviewing potential residents and reading through background screening reports? Have you ever wished for a Magic 8-Ball^® to help you decide yes, no or maybe for that one person or couple? You already know what you’re looking for when your report comes back, why not have the most vital stats at the top of the first page, with your criteria in mind. At a glance, you can determine the suitability of each and every applicant that walks through your door.

  Advantages

At Contemporary Information Corp. we already produce the industry’s most understandable reports. Our “human readable” approach gives you the edge when reviewing your applicant’s background information. What could make it even easier and save you more time? What else can help you manage the mountain of paperwork in your office? The option can do all this and more. Your applicants rely on a fast and fair decision. Your company adheres to specific guidelines. Why not give your applicant the answer in seconds. This instant snapshot of your applicant’s credit and background status allows you to make faster decisions than ever before with direct statements like these:

Approved
Denied: Eviction
May be approved - further review is warranted: SSN does not match



 Standardization

According to your specific company policy, state, and/or federal guidelines, we help create a custom template designed for you. By answering a few straight forward questions, CIC can add this new information directly to your existing report and you can start enjoying the advantages immediately:

Standardize approval criteria for all applicants
Control the decision making process
Comply with company policy, state, federal and association guidelines
Speed up applicant approval time
Reduce staff time


Interpreting the data can be time consuming...reduce that time. CrosXscore gives you the confidence to make the right decision - every time.   

What factors go into your CrosXscore Decision?

Here are the pieces you get to decide on:

  Evictions are immediately flagged*
  Negative tradelines that are 30, 60, 90, 120+ days overdue
  Acceptable FICO or BEACON scores (a higher score is better) 300 – 850
  Acceptable National Risk or DAS score (a lower score is better) 0 – 1000
  Collection Accounts
  Civil Judgments, Tax Liens and Bankruptcies
  Criminal Scan positive hits are immediately flagged*
  Fraudulent check scan (Telecheck) hits are immediately flagged*
  Fraud alert
  Income to Debt ratio / Income to Rent ratio
 

 What is NOT considered in the CrosXscore Decision?

The applicant’s race, color, religion, national origin, sex or marital status. U.S. law prohibits credit scoring from considering these facts, as well as any receipt of public assistance, or the exercise of any consumer right under the Consumer Credit Protection Act.

Age - Salary, Occupation, Title, Employer, Date Employed or Employment History - Where The Applicant Lives

 

 What is the Decision?

For the times when there is more than one applicant applying, compare all of their information in one clear and concise scoring model. Up to 4 applicants can be compared at one time and there are no additional fees. For more information on the Combined CrosXscore, Click Here.

How do I get started?

Contact your sales representative or CIC’s Account Manager at 800-288-4757 x223 to help you set up a customized criteria template. Once your template is in place, you will be enjoying the benefits of CrosXscore that same day. Put the power of CrosXscore to work for you now!

* Extent of criteria data varies by product subscription level.