CULFIDANT 6-factor-18-Score System explained

How does CARMAP service decide which applicant is A+ tenant? Simply put, it is via a so-called “Culfiant 6-factor-18-Score” system that has been developed by Culfidant over the years based on the methodology recommended by Daniel Kahneman , the Nobel prize winner. You may find more related via link here

Without getting into too much technical details, here are  a brief summary about the 6-factors and how it works in principle. 

  • factor 01 – how long he/she has stayed in the previous home (0-3). 
    • the longer the better
    • it shows how stable the prospect is likely. 
  • factor 02 – how long he/she has been working on the current job (0-3). 
    • the longer the better
    • full-time is more preferrable than part-time
  • factor 03 – credit score (0-3)
    • the higher the better. 
    • it is a factor, but only one of six. 
  • factor 04 – payment history (0-3)
    • one resource is from the current/previous landlords.
    • the other is from the credit report. 
  • factor 05 – income/rental ratio
    • the higher the better. 
    • additional caution is needed if it is too low. 
  • factor 06 – close your eyes (0-3)
    • this is the place for gut feeling. 
    • it also taken the landlord’s level of comfort into consideration. 

In the carmap process, once the prospects submit the application form, the landlord can fill in the 6-factor evaluation form, and once done, the score of this applicant shall be spilled out automatically. The decision is a no-brainer:

  • if the score is 14 or higher. It is A+
  • If the score is 12 to 14, it is A or B
  • if the score is less than 12, deny the application. 

You may make the final decision based on the score. 

For more discussion on the 6-factor-18-score system, you may check out this video show via the link here.