Full Service Property Management

Step-by-Step Guide to Run a Tenant Credit Check

Are there any legal requirements or restrictions when running a credit check on a tenant?

When running a credit check on a tenant, it is essential to comply with the Fair Credit Reporting Act (FCRA) regulations. Landlords must obtain written consent from the tenant before conducting a credit check and provide adverse action notices if a tenant is denied based on credit information.

Step-by-Step Guide to Run a Tenant Credit Check

Are there any legal requirements or restrictions when running a credit check on a tenant?

When running a credit check on a tenant, it is essential to comply with the Fair Credit Reporting Act (FCRA) regulations. Landlords must obtain written consent from the tenant before conducting a credit check and provide adverse action notices if a tenant is denied based on credit information.