If you are a landlord looking to conduct credit checks for tenant screening? Don’t settle for just a basic credit check. Now you can obtain a real credit report. A full credit report tells you the whole story.
You will need your applicant’s authorization in writing which is typically standard on many rental applications. If your rental application doesn’t have a credit report authorization release you will need to obtain one.
You can use this credit report authorization form as an example and copy it on your letterhead or include it as part of your rental agreement.
Landlords need to be careful these days. With more and more foreclosures and people turning to rentals you can’t be too safe. You must make wise financial decisions when it comes to renting your property.
Most property managers and rental unit managers always run credit checks for tenant screening. If you are a landlord with one, two or a few rentals, and don’t run credit checks you are playing Russian Roulette with your rental.