Archive for October 17th, 2012

CREDIT CHECKS

Wednesday, October 17th, 2012

November 1st, 2012

Why Should You Check a Tenants Credit:

A credit check helps you truly evaluate a tenant’s ability to meet their rental obligations.

When you own a rental property, the selection of an appropriate tenant is critical to the success of the landlord-tenant relationship.

As a landlord, you need to verify that all the information on a tenant’s application is legitimate and that the tenant has a history of reliability and promptness in meeting their financial obligations.

Unfortunately, tenants can provide misleading or fraudulent information on their applications. Protect yourself as much as possible from dishonest tenants.

A Credit Check is an invaluable and inexpensive tool to assist landlords in the tenant screening process. Credit reports cannot be directly obtained from credit agencies.

Screening of a tenant must go beyond a phone call to a former landlord or contacting a “character reference”.

TENANTCHECK provides landlords with a convenient opportunity to access a tenant’s credit history BEFORE entering into a tenancy agreement.

ONLY $10/check for BCLA members!