Tenant Credit Check- Tenant Credit Score Card

Check Tenant Credit

Tenant Credit Score Card- Custom Credit Risk Assessment, Credit Score and Negative Credit Summary 

Check tenant credit when you sign up for our standard tenant screening service which allows access to our Tenant Credit Score Card. The Tenant Credit Score Card will give landlords, realtors and property managers the necessary tenant credit report information to properly screen rental applicants with minimal compliance paperwork required by the credit bureaus. 

No setup fee or onsite inspection is required. Tenant Credit Score Card information can be provided to your landlord clients, investment property owners or third parties involved in tenant placement decisions who want to review tenant data.

Why a Tenant Score Card?

The Tenant Score Card requires little compliance and no on-site office inspection while offering a comprehensive view of an applicant's credit worthiness and credit history. The Tenant Score Card is perfect for client's operating out of a home office who would not comply with bureau standards to recieve detailed credit reports.

A Tenant Scorecard is completely customized to your preferences and provides the following information with a simple PASS or FAIL rating in addition to the applicant's credit report score and credit report summary including derogatory credit summary (bankruptcies, liens, judgments, collections and delinquencies). It also reviews income to debt ratios to determine risk:

See Sample Tenant Score Card

Category                                               Criteria that you set

• Proposed Rent                                      Provided by Landlord
   
• Stated Monthly Income                          Provided by Applicant
   
• Credit Risk Score                                  FAIL below a certain score   PASS above a certain score
   
• Income to Debt Ratio                            FAIL below a certain ratio   PASS above a certain ratio
   
• Income to Rent Ratio                             FAIL below a certain ratio   PASS above a certain ratio
   
• Income to Debt including Rent               FAIL below a certain ratio   PASS above a certain ratio
   
• Collections or Charge offs                     Acceptable number of accounts in collections/charge offs
  Ability to Ignore Education / Student Loans
  Ability to Ignore Medical trade lines
  Fail Above a certain Number of accounts or PASS below certain number of accounts
  Fail Above a certain % of total accounts or PASS above a certain number of accounts 
   
• Delinquent Accounts                             Consider most recent 6 months or all accounts on report
  Ability to Ignore Education / Student Loans
  Ability to Ignore Medical trade lines
  Fail Above a certain Number of accounts or PASS below certain number of accounts
  Fail Above a certain % of total accounts or PASS above a certain number of accounts 
   
• Bankruptcy Records                              Automatically FAIL within years designated.