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It would be important to run a tenant credit check because as it is your property it will protect your investment and will ensure that you get your rent paid ontime.

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Q: Why would it be important to run a tenant credit check?
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Related questions

What are the current checks made for a sitting tenant?

The current checks made for a sitting tenant depends on the agreement between the landlord and tenant. To know what yours is you would have to check the lease.


Where can one obtain a tenant loan?

There are only a couple of websites online where you can obtain a tenant loan but there are many that informs you on what a tenant loan is. The best site to check would be Loans For The Unemployed if you want to apply for a tenant loan.


What sites let you get a credit check?

Annual Credit Report will offer you a free credit check so you can find out your credit score online. You can also try Credit Karma or Equifax if you would like to seek out other options to perform the credit check.


Free Credit Check ?

form_title=Receive a Free Credit Check form_header=Credit scores are used in a variety of areas to determine credit worthiness and reliability. Would you be interested in credit protection services?= () Yes () No Have you already received a free credit check this year?= () Yes () No Would you like to subscribe to automatic annual reports?= () Yes () No


What exactly would show up on a credit check and a background check?

Credit you have received and criminal background. You can run a background check and pull your own credit report to make certain of the details pertaining to you.


You have a tenant that walked out with 9 more months on their lease How can you report this to the credit bureau?

You would have to become a contributing member of the credit bureau in question to contribute information on an individual. This is not always possible (legally), nor cost-worthy. However, if you wanted to sue your former tenant in small claims or civil court; if you prevail and are granted a judgment, THAT legal item would get picked up and eventually show on the person's credit report.


How would someone check their credit in California?

No matter what state you live in, once a year you are allowed to check your credit report for free. You can do this at Annual Credit Report. You will get credit ratings from three of the top companies.


Where can one check his equifax credit score?

There are lots of places online where one can check their credit score. However, to specifically check one's Equifax credit score, that person would have to visit the Equifax website.


Where can I find a list of the companies that provide the best corporate credit cards?

I would check this site out www.creditcardguide.com . Or I would check out this site www.bankaholic.com/credit-cards . These site should help you out.


Is it legal to do tenant screening?

As will all legal issues, your answer may vary depending on the state where you are renting. In general though, as long as the landlord notifies the tenant and the tenant agrees to it, then a background check would be legal.


Do you need credit to take over a persons mortgage?

Yes. You would need to be approved by the bank and it would check your credit record.


How is credit history check useful?

"A credit history check would be useful if you were trying to buy a house or a car, or obtain a loan. You could check your credit first, and if there were problems you could pay them off before applying for loans."