What is the difference between a FULL background check and a credit check? November 22, 2009
Posted by Banking in : Renting & Real Estate , trackback
I am renting my home and need to screen a potential tenant. Shoudl I do a FULL background check or credit check? Is credit history included in a background check?
By: albalicious
About the Author:
By: albalicious
About the Author:
Comments»
background check checks for things like if you have been arrested or anything like that. credit check just checks your credit score and if u make ur payments in full and stuff.
i would do a full background check… just to make sure he will always help you pay for rent, and to make sure they are not a thief.
whomever is offering the check,
ask them that!
However, I invented a different
approach that will solve the credit
concern.
Do a “bad boy” check and
I will show you how to “cover” the
rest.
NO fee for my advice.
Charge back the entire fee to the applicant (screening fee) & get the fullest report possible. Background usually encompasses criminal, in addition to credit & rental history. Should not be more that $35 – 40 per applicant. (Background, rental & credit history)
If you end up with a level 1 – 2 sex offender as a tenant, best to be prepared with that up front.