is it possible to find out if a person wanting to rent a house of myself has a good credit rating?

Answer 1

If you go through a management company then they should have the licences in place to enable them to check credit rating. I dont think you can apply to check someones credit rating though.

If you have a problem I'd suggest getting your prospective tenant to supply you with several references and then follow them up. As for one business/employment related and one personal one perhaps?

Answer 2

Yes, but you need their permission to do a credit check. Contact one of the big three (Transunion, Equifax, Experian) about how to do this. Depending on the state you are incorporated in, the state of the property, and the credit agency, you'll likely have to have the rentor fill out a credit check form.

The general procedure is to have the rentor pay the fee for the credit check (usually $45), then take care of the credit check through the agency.

Answer 3

Yes. There's several ways you can do this.

One: you can contact an agency like On-site Manager (www.on-sitemanager.com) who specialize in helping qualify new tennants for property managers and owners. You can set the On-site Manager page to your criteria (ie rent to income and income to debt ratios, to find unlawful detainers or evictions and the credit score criteria you require). Onsite can also draft your leases for you.

Make sure you get the proper credit authorization reports from On-site to ensure you have their permission to get the report and give them the option of getting a copy of said report.

Two: You can contact you local RHA (renta housing association www.rha.org) and they can also refer you to local agencies to help with credit reporting.

Three: You can also have the potential resident contact the credit bureau (equifax, transunion or experian) and get you a copy of their current report. Just remember that credit reports are valid for 30days, as collections and debts can occur during that 30-day period. Make sure the copy of the report is the most current available.

I hope this helps!

Answer 4

There is (or use to be) a web site I used all the time called..www.childmolesting.com
Just put Credit Rating in place of childmolest in the place. or what-ever you are searching for. There is alot you can find out about a person, if you know where to look. The internet is the only place to look. No Law Enity is able to help..Its against the law.

Answer 5

My Letting Agent always asks for three references: bank, employer and previous landlord. Nobody moves in until these are obtained and are satisfactory. Credit references alone are not enough.

Never even consider having rent paid to you in any other way than Direct Debit.

Answer 6

You can contact a credit agency such as Equifax and have them run the person's credit but only if you get written permission from your potential renter first. Also, you have to pay for the report.

Answer 7

Another method of finding out whether someone is good at paying their rent is to contact previous landlords. You do have the right to ask for the details of previous landlords, and thus you could contact them to find out if they were good with paying their rent. At least it is free!!

Answer 8

Have them give you a credit report

Answer 9

Estate Agents usually ask for a reference from their bank.

Answer 10

YES, BUT IT WILL COST YOU MONEY.

ALSO HAVING GOOD CREDIT DOES NOT MAKE A GOOD TENANT! I HAD A VERY WEALTHY WOMAN WITH GOOD CREDIT DESTROY MY HOME TO THE TUME OF 20K
YOU REALLY NEED A GOOD REAL ESTATE AGENT TO FIND YOU A TENANT. IT IS WELL WORTH THE MONEY IN THE LONG RUN