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About Bureau of Leasing and Rentals

BOLAR (Bureau of Leasing and Rentals) is the only company that ensures tenant reliability metrics through the innovative BOLAR Score Reports—continuously updated and never misleading. With the Landlord-Tenant relationship being a part of millions of lives, there is a need for an effective system of managing the renting experience. There are over 68 million Americans who have “poor” or “bad” credit scores and are therefore prone to be continuously rejected from rental applications due to their low scores. Unfortunately, the credit score isn't a viable measure in terms of predicting whether or not someone will be a “good tenant”. Landlords themselves often use this metric, in conjunction with few other considerations (such as criminal records), not because they view this method as efficient, but rather since they don’t have access to a more inclusive means of credibility ratings. Credit scores are not indicative of a tenants’ reliability; it is a mere representation of a specific area of financial responsibility. There are many people with low credit scores that would make great tenants, and many people with high credit scores that would not. Credit scores are essentially the current default measure used in the traditional application process, but they have little to do with predicting the reliability of tenants. This brings us to the Bolar Score. A revolutionized credibility rating which, unlike the conventional and outdated credit score, offers five factors of consideration which directly provide relevance within real estate. Tenants are scored on the following factors: Age of History, Payment History, Complaints, Stay Duration, and Refund Score.

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