How to Run Credit Checks on Prospective Tenants
- 1). Require prospective tenants to complete written rental applications with their credit history, employment status and names of former landlords.
- 2). Consider charging rental application fees to cover the costs of running credit checks on prospective tenants.
- 3). Verify the applicant's employment status and bank information by contacting employers and financial institutions.
- 4). Contact former landlords to check on the applicant's payment record as a tenant.
- 5). Order credit reports on applicants from a major credit reporting company such as Equifax or Trans Union to verify their credit history and possible evictions or convictions.
- 6). Contact an agency that specializes in screening tenants, such as National Tenant Network, to receive reports on the applicant's payment history as a tenant.
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