Tenant Credit Check
Do you ever wonder if you need to bother with credit checking prospective tenants? This is one of the necessary ways to attempt avoiding "bad" tenants. It is however, not foolproof. Tenant Credit Checks won’t guarantee “perfect tenants”, but they will reduce a potentially large risk. They are relatively cheap but worth the investment. United Screening can perform comprehensive tenant credit checks on behalf of the landlord.
Tenants with poor credit ratings will avoid going to landlords who perform thorough credit checks. They target landlords that are managing their own properties, because many of them don’t bother with credit checks. This will allow their poor credit rating to go undetected!
It’s important to get all your prospective tenants credit checked before signing alease with them. In order to perform a credit check, you will need permission from the prospective tenant. The applicant will need to sign a release authorizing the landlord/agent to perform a credit check.
Unfortunately, some people make a profession out of being a "bad tenant". Professional bad tenants go from property to property without paying any rent. They ruthlessly do it for a living, while leaving a trail of innocent landlords in debt behind them. They become familiar with the legal system and learn every trick in the book. Every time a landlord attempts to evict them, they appeal with various excuses Eg. I didn't pay rent because an appliance was in broken.
The problem is, every time a tenant appeals eviction, the process of eviction is lengthened because the court needs to look into the issue before dismissing it. The claims usually get dismissed because they are untrue, but by the time each appeal goes to court, months go by, leaving the landlord severely out of pocket while the tenant still remains living in the property. Sadly, this is how the system works.
Landlords can run credit checks to learn more about a prospective tenant's past rental history. The rental history of a tenant is used to determine a tenant's behavior in future rental situations. Any landlord who reports a tenant's payment history to a credit bureau, will show up on a credit check.
United Screening Services Corporation is a Tenant Screening Services and/or Tenant Credit Check company. With our extensive network of resources, we provide our clients with the best data available at competitive prices.