Tip - Checking a Prospective Tenant's Credit Report | AllBusiness.com

Published  | Submitted by Trivellore Vasanth
Checking a Prospective Tenant's Credit Report | AllBusiness.com

It is common practice to check prospective tenants' credit reports before approving them for your rental property. This can greatly reduce your risks of accepting problem tenants and can alert you to potential problems before an applicant signs a lease. Before you can begin checking a tenant's credit report, you will need the applicant to complete a written application. This written application should include an area for the applicant's Social Security number, which is often necessary in