PROTECT your rental interests from problem tenants. LEARN fact
from fiction with credit reports from all major credit bureaus, eviction
data, criminal history, ID verification and bankruptcy checks.
ELIMINATE the burden of tedious background research. RENT safely
and economically for one unit or multiple units.
Why should I screen future tenants?
For a successful tenancy, it is important to diligently
screen applicants. Past credit problems, financial problems, evictions,
fraud and sex offenses not only indicate potential problems, but could
leave you responsible in negligent litigation.
- In 2003, consumers had over 2 trillion in outstanding credit with over 1.3 million filing for bankruptcy. This amount is increasing at a rate of over 4.4% annually.
- Over 30% of civil litigation involves contract disputes such as evictions
- Over 13 million arrests are made annually in the United States. These offenses range from fraud to sexual and violent offenses.
What are the benefits of screening?
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Instantly check application data for position requirements
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Employment and Education verification
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Bank and trade line reference verification
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Experian Authentication to detect fraud
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Determine credit worthiness and overall level of responsibility with credit reports.
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Diligently check for criminal past with both on-line databases, e.g., RAPSHEET Criminal Report, and court researchers available in every county
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Check for past eviction history
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Adhere to laws governing use of credit reports for employment screening with declination letters
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| Types of Data | |||
| Type | Description & Products | ||
| Credit Reports | Data
on credit reports can be used to verify applicant information
and determine how responsible an individual is with employment,
tradeline, collection, public record, child support history and
inquiry information. |
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| Criminal History | Renting
based solely on an application or firsthand perception is not
only misguided but dangerous. It is important to go beyond verification
and screen for a criminal past. |
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| Eviction History | One
of the most important steps for tenant screening is checking for
past evictions. This site offers several products that return
evictions in most of the United States. |
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| Driver's License Scan |
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| Verify Applicant | Verification
of applicant information is critical and current laws even require
a minimum of an OFAC Patriot Act Search on all transactions. CIC
Mortgage Credit Inc. makes this easy with not only both instant
and manual products, but also real-time products that validate
or even correct data as you type. |
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| Decisioning Declination Letters |
Prescreening
and decisioning levels can be set up in seconds to fully automate
your lending process. These two features combined with our Web
Application eliminate costly reports, allow direct to consumer
applications and overall save time and money. |
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