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Rents Rise as Renters Become Better Risks

Rents Rise as Renters Become Better RisksA better class of renter is changing the fact of Rentorship in America, creating a climate for higher rents.

Rental applicants, especially those applying for less expensive units, continue to see improvements in their credit risk, according to the latest TransUnion Rental Screening Solutions industry report.  The average ResidentScore, a measure used to assess a rental applicant’s risk level, improved by 0.8% between Q2 2013 and Q2 2014.

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