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How a landlord can run a tenant credit report
February 24th, 2010 - Posted by Tasha
The following post in our Reader Question series is an actual user submitted question:
Q: What is the best way to do a credit check on a prospective tenant?
A: Every experienced landlord or property manager knows that it makes good financial sense to run a credit report on prospective tenants. This simple step can save you time and money in the long run, but it's surprising how many landlords don't get this information prior to renting their property. With the explosion of internet commerce, it's easier than ever to get this information quickly and securely online.
Experian offers two options to check a tenant's credit and is very reasonable in price. There are also a number of other companies out there that provide credit checks for prospective tenants. You can do a simple Google search on a phrase like "tenant credit report" to find them.
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February 24th, 2010 at 10:23 pm
Personally, I would do a Bing search instead of a Google one. I don't trust Google.
May 21st, 2010 at 12:08 am
I know there's a company called Landlords Together that does tenant checks to help landlords avoid known problematic tenants. They might be worth looking into.
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May 19th, 2011 at 6:55 pm
I like your insight, that's interesting for me.
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