CREDIT REPORTS FOR TENANT SCREENING

Credit checks help you make well informed and confident decisions about persons you will entrust to living in your property. Information you need to get is:

1. Does the candidate have a criminal record?
2. How long did the individual(s) live at a past address?
3. What type of tenant was the individual(s)?
4. Are there any evictions or civil judgments filed against the individual(s)
5. Did the individual(s) pay the assigned rents on time?
6. Ensure that the bank account details provided by your customer are correct. 
7. Name, address, ID number, and date of birth.
8. If he/she has moved in the last two years, their previous address.
9. The amount of their monthly rental payment.

A credit report includes information on where you live, how you pay your bills, and whether you’ve been sued or arrested, or have filed for bankruptcy.

Credit bureaus sell the information in your report to creditors, insurers, employers, and other businesses that use it to evaluate your applications for credit, insurance, employment, or renting a home. When the bills are not paid, the delinquent account is reported on your credit report. And it’s this kind of information that could affect your ability to get credit, insurance, or even a job.

A consumer reporting company can report most accurate negative information for seven years and bankruptcy information for 10 years. There is no time limit on reporting information about criminal convictions. Information about a lawsuit or an unpaid judgment against you can be reported for seven years or until it is paid

If It's All About Credit - Clear Your Credit Record!

It's ALL about credit!

It's ALL about credit!

It's ALL about credit!


We know this, so why aren't we doing anything about it?
Why are the number of declines with regards to submissions for credit applications increasing every month? WE DON'T LOOK AFTER OUR CREDIT PROFILES!

Times are a little rough and with the Credit Act taking total control of any credit applications, whether it be home loans, credit cards or vehicle finance, financial institutions are having to abide by their rules. So people, lets get with the program and abide by the rules! There's nothing worse than finding the house of your dreams only to find out that you can't get a home loan because you haven't bothered making a little bit of an effort.

So what you need to do to ensure FINANCIAL SUCCESS?

1. Check Your Credit Record - Click here for your ITC & Experian credit check
2. Check for judgments & credit listings
3. Contact the companies/people who have listed you and arrange to remove them
1. Often listings are old because the bureaus just forget to remove you
2. Often listings are old because the companies you listed you haven't bothered contacting the bureaus to have to removed
4. If you pay off outstanding debts, make sure you keep proof of payment (this will be required by financial institutions from time to time

It's easy and it really doesn't take much time.

Things to remember which will assist you in keeping track of your credit records. The banks have systems that link into the bureaus which show you credit profiles for clients. Credit profiles allow the bureaus to link into all financial institutions that offer credit eg Edgars Accounts or Credit Cards;

• Don't pay your accounts late
• Don't miss payments
• Don't let debit orders go off your accounts without having funds available

Well that's that for now and I hope this helps you all. Truth is you want a clean credit profile and so do we :)

Keeping SA Credit Clean!!!
HAVE A SUPER WEEK!