How to Do a Credit Check to Screen Renters
- 1). Use the E-renter tenant screening service to check out your potential renters. Choose from a basic or premium service package that comes with credit check. The service retrieves FICO information, data about bankruptcies and also double-checks the person's identity. You must enter the tenant's application information, including Social Security number and address, fax over the tenant's consent form and then pay the fee to run a credit check. The service delivers a link to the report via email after confirming your order.
- 2). Perform a credit check on prospective renters using AmerUSA. Choose between a standard and professional account. The professional account is appropriate for a landlord or property manager because it charges a lower fee for each report you run on a tenant and also allows you to get reports instantly. You have to agree to have someone visit your office to confirm that you're a professional landlord or management company. Provide your registration form, references, information about your business and corporate documents (if applicable) to establish the account and start running credit checks.
- 3). Run a credit check using the Tenant Verification Service (TVS). Instead of requiring you to choose a package that includes various other screening checks like other services, you can just select a basic credit report from Experian. You must have a consent form from the tenant prior to each screening check. When you run the credit check the service validates the SSN, lists any judgments or bankruptcies and provides you with the prospective renter's FICO score.
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