Understanding Credit Reports

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Within RenTec Direct, both Landlords and Property Managers are able to pull TransUnion credit reports on prospective tenants, via Star Point screening services.  These credit reports offer a wealth of information about your prospective tenant.   Being able to understand these reports is important as you will be using this information to make a decision on whether or not someone meets your criteria to become your tenant.

We recommend that you review the information provided to you carefully and use this report as a tool.  Our credit screening reports are created from information provided directly from the credit bureau.  We have all heard of credit scams and inaccurately recorded information, so be sure to examine these reports carefully and compare them with the information your prospective tenant offers you on their rental application.

The links below provide you with easy-to-understand explanations of how to read your prospective tenant’s credit report.

 

Property Manager Credit Report

Landlord Credit Report

In addition to Credit Reports, RenTec Direct offers a array of other screening reports.  A complete list and description of products offered can be found at:

http://www.rentecdirect.com/details/tenant_screening_products.php

For more information on signing up to use RenTec Direct’s tenant screening products, head to the Reports tab in your program.