#credit check tenant
Tenant Credit Check at ClearScreening.com
As a landlord or property manager, it is in your best interest to rent a property to a responsible tenant. Late payments, non-payments and evictions cost time and money. By processing a tenant credit check, you are able to screen a potential tenant before signing a lease agreement. Evaluating a rental applicant’s credit report will give you insight into their financial obligations and payment history which will, in turn, help you decide if a particular tenant is a good applicant. ClearScreening credit checks are fast and inexpensive, making your applicant screening process a breeze.
Information Available in a Tenant Credit Check
A ClearScreening credit check pulls information from TransUnion, one of the three credit bureaus. The report includes standard information such as: personal identification information, credit history, public records, past credit inquiries and a FICO score.
General information such as an applicant’s name, alias, current/past addresses, social security number, telephone number, date of birth and current/previous employers can be found in the Personal and Employment section of the credit report.
The Trade Lines section provides a historical record of the person’s payment activities. This will include credit accounts at retail stores, banks or finance companies, as well as any mortgages the potential tenant may have. The credit report will also show any collection items for the applicant and any warnings or red flags.
How to Run a Tenant Credit Check With Clear Screening
Running a tenant credit check is easy. Just select the option for Tenant Screening under Credit Profile Report and fill in the required information. You will need at least the last name, first name, SSN and current address for the potential tenant. You also have the option to request a report for two people at once if your potential tenants are a married couple or if you have co-applicants.
Once you become a member of ClearScreening, you will have the option to request all the different types of reports we offer such as credit reports, criminal background reports, eviction searches, employment verification and more. Membership is free and there are no monthly minimums to worry about. Don’t overpay for tenant credit checks. Screen your tenant applicants and get fast, inexpensive reports without the hassle at ClearScreening.com.