tenantcreditcheck

Views:
 
     
 

Presentation Description

Most property management companies and landlords think that all credit reports are the same. What they don’t realize is that credit reports have hundreds of components within them and vary drastically from tenant screening company to tenant screening company. , Tenant Approve brings our clients much more with our Level 1 Enhanced Tenant Credit Report.

Comments

Presentation Transcript

Tenant Credit Check :

Tenant Credit Check

Step 1:Completing your Tenant Application Form:

Step 1:Completing your Tenant Application Form Require prospective tenants to complete written rental applications with their credit history, employment status and names of former landlords, always ask for a Guarantors

Step 2: Consider charging rental application fees to cover the costs of running credit checks :

Step 2: Consider charging rental application fees to cover the costs of running credit checks You require the Tenant to pay a holding fee for carrying out credit check services

Step :3 Verify the applicant's employment status :

Step :3 Verify the applicant's employment status Verify all the details filled by applicant through Tenant Referencing (bank, employer, Landlord etc) and Check Bank Statements

Step 4 : Order credit reports on applicants :

Step 4 : Order credit reports on applicants Order credit reports on applicants from a major credit reporting company such as Equifax or Trans Union to verify their credit history and possible evictions or convictions.

Step 5: Final Check :

Step 5: Final Check Tenant Credit Score 400 to 620 the higher the score means less risk see score detail

Step :6 Contact an agency that specializes in screening tenants:

Step :6 Contact an agency that specializes in screening tenants Contact an agency that specializes in screening tenants, such as Tenant Approve to receive reports on the applicant's payment history as a tenant.

Contact Us:

Contact Us Email Id: [email protected]

authorStream Live Help