Are landlords or property managers allowed to pull a prospective tenants credit report?
Yes, you are allowed to obtain a credit report on a prospective tenant. If you turn down an applicant because of negative information on a credit report, you must send the applicant an “adverse action” letter, which informs the applicant of three things: • the reason you rejected the applicant • the name and address of the agency that reported the negative information, and • the applicant’s right to obtain a free copy of the report by requesting it from that agency within 60 days. To run a credit check, you’ll need a prospective tenant’s name, address, and Social Security number or Individual Taxpayer Identification Number (ITIN). You can order a credit report from a credit reporting agency, which will get the report from one of the three major national credit bureaus: Equifax: www.equifax.com Experian: www.experian.com TransUnion: www.transunion.com To find a credit reporting agency that operates in your area, look in the Yellow Pages or type “credit reporting agency” in your browser’
Related Questions
- Have any states mandated that landlords and property managers keep an updated registry of available, affordable, and accessible units that might be filled by qualified persons with disabilities?
- Do landlords or property managers have the right to obtain a prospective tenant’s credit report?
- Are landlords or property managers allowed to pull a prospective tenants credit report?
