| As a Landlord, you will need to perform a Tenant | | | | to fax a signed release form report to our office. |
| Credit Report with your full background screening | | | | You are required to maintain this Tenant Credit |
| process. A credit check is a live real time credit | | | | Report Release in your files for 2 years as well. |
| check with the Credit Bureaus for up to date | | | | The following personal information is required from |
| information. | | | | the applicant when placing your order for the |
| Effective January 1, 2007 the laws governing the | | | | Tenant Credit Report is the Name, SSN, DOB, |
| Credit Bureaus and those who are authorized to | | | | Current Billing Address, Credit Card Account |
| receive credit reports furnished by the credit | | | | number, and expiration date. Your applicant can |
| bureaus have changed. This has been done in | | | | use a VisaDebit card for the Tenant Credit |
| respect to identity theft and privacy issues, as | | | | Report processing fee of $1.99. |
| well as FCRA guidelines. | | | | The Landlord will receive the 'Pass' immediately |
| Although we do not provide the detailed credit | | | | when placing the order for the Tenant Credit |
| report itself, a 'pass' is based on real-time access | | | | Report, so you can have the facts you need to |
| to the applicant's credit report and the results | | | | make a wise tenant acceptance decision right |
| meeting the Landlord's acceptable 'credit grade'. | | | | away. |
| When you (the Landlord) order the Tenant Credit | | | | As you can see the Tenant Credit Report is a |
| Report and select your acceptable 'credit grade' | | | | must for all Landlords. You will want to be sure |
| you should consider your current market trends | | | | that your applicants meet your acceptable score |
| and type of property for rent or, for lease. When | | | | so that you do not risk the loss of revenue down |
| the market is slow, you may need to lower your | | | | the road. You should be sure to use the same |
| acceptable 'credit' standards in order to fill the | | | | policies and procedures when ordering the Tenant |
| vacancy, and when the market is competitive | | | | Credit Report on all of your applicants. If you do |
| you may have a better opportunity to be more | | | | not, it may be considered a form of discrimination. |
| selective in your acceptable 'credit grade'. | | | | We recommend that you include the basic |
| However, ordering the Tenant Credit Report is | | | | personal information required for the Tenant |
| always a must when considering applicants for | | | | Credit Report on your application for rental or |
| rental or lease. | | | | lease. This will make it easier and faster for you |
| When you submit your order, you will be required | | | | to get the results you are seeking when ordering. |