Article | Tenant Credit Report

As a Landlord, you will need to perform a Tenant Credit Report with your full background screening process. The Tenant Credit Report is a live real time credit check with the Credit Bureaus for up to date information. The Tenant Credit Report is a verification of the 'Grading Score' that is designated specifically for you.

Effective January 1, 2007 the laws governing the Credit Bureaus and those who are authorized to receive Tenant Credit Reports furnished by the credit bureaus have changed. This has been done in respect to identity theft and privacy issues, as well as FCRA guidelines.

We are able to assist you in evaluating your prospective tenant's credit with a Tenant Credit Report search offered exclusively at www.TenantAuthority.com. This Tenant Credit Report verification is based on the applicant's credit report data, FICO score, bankruptcies, judgments, and collection information. The Tenant Credit Report is recommended when interviewing all applicants.

Although we do not provide the detailed credit report itself, the Tenant Credit Report 'pass' is based on real-time access to the applicant's credit report and the results meeting the Landlord's acceptable 'credit grade'. When you (the Landlord) order the Tenant Credit Report and select your acceptable 'credit grade' you should consider your current market trends and type of property for rent or, for lease. When the market is slow, you may need to lower your acceptable 'credit' standards in order to fill the vacancy, and when the market is competitive you may have a better opportunity to be more selective in your acceptable 'credit grade'. However, ordering the Tenant Credit Report is always a must when considering applicants for rental or lease.

When you submit your order for a Tenant Credit Report, you will be required to fax a signed release form for the Tenant Credit Report to our office. You are required to maintain this Tenant Credit Report Release in your files for 2 years as well.

The Tenant Credit Report has a low processing fee of $1.99 that is required along with the order for $24.95 or one token for a bulk buyer.

The following personal information is required from the applicant when placing your order for the Tenant Credit Report is the Name, SSN, DOB, Current Billing Address, Credit Card Account number, and expiration date. Your applicant can use a Visa\Debit card for Tenant Credit Report processing fee of $1.99.

The Landlord will receive the 'Pass' immediately when placing the order for the Tenant Credit Report, so you can have the facts you need to make a wise tenant acceptance decision right away.

As you can see the Tenant Credit Report is a must for all Landlords. You will want to be sure that your applicants meet your acceptable score so that you do not risk the loss of revenue down the road. You should be sure to use the same policies and procedures when ordering the Tenant Credit Report on all of your applicants. If you do not, it may be considered a form of discrimination.

We recommend that you include the basic personal information required for the Tenant Credit Report on your application for rental or lease. This will make it easier and faster for you to get the results you are seeking when ordering the Tenant Credit Report from www.TenantAuthority.com.

We have bulk plans available so you can receive a discount on your volume when ordering several Tenant Credit Reports throughout the year.

www.TenantAuthority.com Where you can perform full tenant screening from A - Z.

a division of Best Available Background Checks, Inc.

Please contact us with any questions about the Tenant Credit Report.

Email: info@tenantauthority.com Toll free: (888) 845-5219