Return to article: How to Run Credit Checks on Prospective Tenants
on 12/3/2007 This article is incorrect. Trans Union and Equifax do not offer credit report checks for landlords. You have to be a big rental agency and pay big bucks for their services. You cannot just pay a flat fee to run a report.
on 2/22/2006 Although receiving the credit report from a potential tenant reduces costs to both landlord and tenant, be wary that the report may be forged or outdated.
on 1/16/2006 In many states people can get free credit reports. If the tenant supplies the credit report, it does not cost him any money. This is a win-win for both tenant and landlord: The landlord gets the credit report and the tenant does not have to pay for it.
on 11/22/2005 Offer to refund their application fee if they are approved for the lease - that way everyone's happy.
on 1/9/2008 It costs a landlord to run a credit and background check. Serious applicants will pay the fee.
on 11/22/2005 I would rent from someone who does credit checks before someone who doesn't. They keep more accurate records then those who don't.
on 11/22/2005 Look inside their auto to see if it is clean. If it is full of clutter and dirt, that is what their house will be like.
on 11/22/2005 As a renter, I would stay away from landlords who charge you for a credit check. There's no guarantee you'll get the rental, and the landlord can deduct his cost while you can't. This practice indicates what type of landlord you'll be dealing with!
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