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jean pocket wtih 4 credit cards - Running a Tenant Credit Check – why and how?

Running a Tenant Credit Check – why and how?

A tenant credit check is a wealth of information and is the final step in the tenant screening process. It shows you a snapshot of the tenant’s financial history, spending habits, and most importantly, their payment habits. Based on the credit history, you can make an informed decision about the tenant’s creditworthiness and financial condition.

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man handing his credit card to a woman for payment - How to Read a Tenant Credit Report

How to Read a Tenant Credit Report

Many landlords are nervous asking for a tenant’s credit score because they’re unsure of how to read a tenant credit report. How is a credit score rated? Credit reports are part of your tenant’s financial picture. In Canada,there are  two national credit bureaus: TransUnion and Equifax. Although the two credit bureaus have separate algorithms for determining credit

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woman holding up key - For Rent

For Rent

You have a property for rent and you want to find a quality tenant. Where do you start? Finding tenants or renting a property is a multi-step process that involves: Tenants Advertising for tenants Define the type of tenant you’d like to live in your property and write the ad to that tenant, while leaving

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