Rental Credit Bureaus???

[blueman]

I've read in quite a few posts that landlords have access to a different bureau which accesses rental payment history. Does anyone know the name(s) of these credit bureaus? (and how to access a copy of your report)

 

I am moving cross country and have previously rented through a private landlord in New York. I am wondering if my payments will show up or not or if these bureaus are only reported to from larger apartment complexes.

 

Thanks .... Blueman

[bullwinkle30]

never heard of such thing. my apt, does not even run a credit check.

[nlocker]

The leasing office for my apartment complex ran a regular ol' report through Equifax just this past April.

Sorry I can't help...Never heard of any other reporting bureau for renters.

[blueman]

So - if they want to verify rental payment history they would have to contact the former landlord directly??

[nlocker]

So - if they want to verify rental payment history they would have to contact the former landlord directly??

That's what happened in my case (in addition to the credit check). They had me sign a release form, which they faxed to the former landlord. Former landlord filled in the blanks (ever late with rent? if so, how many times? etc.) and faxed it back. Pretty simple procedure.

[onlywayup]

The last apt. I used checked Rent Safe as well as the credit bureaus and my previous landlord.

[onlywayup]

The last apt. I used checked Rent Safe as well as the credit bureaus and my previous landlord.

[blueman]

what is Rent Safe??

[LKH]

I've read in quite a few posts that landlords have access to a different bureau which accesses rental payment history. Does anyone know the name(s) of these credit bureaus? (and how to access a copy of your report)

 

I am moving cross country and have previously rented through a private landlord in New York. I am wondering if my payments will show up or not or if these bureaus are only reported to from larger apartment complexes.

 

Thanks .... Blueman

 

You can report your own rental history to a cra that will verify it and then report it. You can suggest to a prospective landlord they pull that report.

 

 

http://creditboards.com/forums/index.php?s...st&p=148686

[centex]

There are several of them out there. However, SafeRent is the one that I have seen used most frequently. I want to say that National Tenants Network was the other one a friend of mine was looking to use when she got tired of deadbeats. She was a one-property owner and thought she was being nice by not running full backgrounds as long as there was a deposit requirement that was satisfied or where she knew the references. Things would go well for six or seven months and then the wheels would fall off...

 

After I helped her bounce two tenants, she started to explore options...

[blueman]

so - what gets reported to them?? Evictions, etc I guess?? What about payment history?? Is it likely that a private landlord would report to them??

 

I have a 100% clean rental history. My concern is that when I apply for a new apartment my old landlord may be very hard to reach to verify payment history and this could delay things by quite a while. My alternative (as I also own a house in another city) is just to say that I have owned and not previously rented. But I just want to make sure that my recent rental history doesn't show up on some report and make me look non-legit.

 

So, I'm wondering how I can check what would be on my profile in such a report??

 

Blueman

[thrix]

I had saferent checking. Saferent checks EX.

[devshan]

As a former national property manager for 10+ years i think I can help you. First, most bigger companies use a local tenant screening company. This company will verifiy your rental history by contact your previous landlord(s), verify your employment by contacting employer and will pull your credit from one of the major three. No method to the madness as to which one they will pull. Usually the only think that will be on your report that has to do with rental history would be a collection or judgement from a previous landlord. Good Luck!

[onlywayup]

Oops.. I meant Safe rent. here is a little info on how they work. I do not think you can obtain the info yourself.

 

"We are unique in the industry in offering a statistical credit-scoring model based on actual renter histories," said Linda Bush, president of SafeRent. "Through the use of statistics, we produce screening recommendations that are much more accurate than traditional rule-of-thumb methods.†Because SafeRent compares the applicant’s information to a database that is constantly monitored and updated, the results are incredibly accurate. Customers can use SafeRent to reduce bad debt by at least 16 to 20 percent.

 

Using a scoring system similar to consumer credit card and mortgage companies, SafeRent produces a 3 digit probability that this lease will be beneficial. “For example,“ Bush explains, “a SafeRent score of 900/1000 would be good.†In other words, “that means that 900 out of 1000 renters with similar backgrounds were responsible tenants.†The managers have already loaded in what the minimum score is that they will accept.

 

This score will not be shown to the client. All they will see is whether SafeRent says the Property Manager should “Accept“, “Accept with Extra Deposit“, or “Decline†the application. This avoids any confusion associated with credit reports. The answer is cut and dry.

 

The program will then provide you with a printed record for your files. If the answer is anything other than “accept“, SafeRent prints out an adverse action letter for the applicant (required by the Fair Credit Reporting Act) explaining what credit was used in that decision, what credit bureau was used and 1 to 4 conditions that gave them their score.

 

Total time SafeRent takes to do all of this? About thirty seconds.

[realpix]

I've read in quite a few posts that landlords have access to a different bureau which accesses rental payment history. Does anyone know the name(s) of these credit bureaus? (and how to access a copy of your report)

 

I am moving cross country and have previously rented through a private landlord in New York. I am wondering if my payments will show up or not or if these bureaus are only reported to from larger apartment complexes.

 

Thanks .... Blueman

 

There are renter databases that a lot of apat's will use - not especially the standard 3 cb.

 

Get a letter from your aptmanagement explaining your good credit history along with their contact info (on their letterhead).

 

That should help with new landlords.

[martin16663]

Safe rent will pull any bureau when I rented here it pulled TU they also store info reported by landlords like evictions and late pays

[sk8erchick]

i have a copy of my first advantage safe rent report and i just dont get it. it didnt show any lates showing..... but i see a list of inquiries from other apartments i've live at. and i had an eviction..... i was younger yet its not on my report and i was denied for an apartment this year. the leasing agent said she use experian. could they be using the previous addresses from your credit report to verify that you've lived there. and is "safe rent" pulling up court docs,lates from apts, etc.

if you need a copy of your rental history download the forms from safe rent residental screening

http://www.residentscreening.com/consumer_...forms/index.php

[bullwinkle30]

first of all, landloards should not be allowed to pull my credit report, renting an apt is not a credit product. my credit history is none of there damn business. if they want to know if i pay rent on-time, they can call my previous landlords. just my 2 cents

[ljeen]

I agree with bullwinkle!!! Also, I have been late a few times in the 10 years I'm in my apt but when I'm looking to move after my lease is up my present landlord is going to tell them I was the best tenant he's ever had if he wants me out. he will renovate and jack the rent up by 1,500 more bucks. It would be a bad deal on his part to say otherwise.

[SquirrelHerder]

I have a hard on TU (or had one before, you know) from a company abbreviated as ResData. It was in the same month that I got my last apartment.

 

OP, I really don't think you'll have as much trouble as you think, especially if your rental history is clean. I have rented four separate times, all from Class-A properties, during all of them I had pretty messed up credit. A larger apartment complex in an area where there are plenty of places to rent isn't going to be as strict as one in NY. I don't know for sure, but from what I've heard it's not a good environment for renters there (specially NYC) because of such high demand. Other parts of the country, especially Texas where I live, are sprouting up high-end apartments everywhere. They're likely to be a lot easier than you believe if you're accustomed to New York. Might I add, cheaper too!

 

Good luck with your move.

[SquirrelHerder]

first of all, landloards should not be allowed to pull my credit report, renting an apt is not a credit product. my credit history is none of there damn business. if they want to know if i pay rent on-time, they can call my previous landlords. just my 2 cents

 

 

I agree with bullwinkle!!! Also, I have been late a few times in the 10 years I'm in my apt but when I'm looking to move after my lease is up my present landlord is going to tell them I was the best tenant he's ever had if he wants me out. he will renovate and jack the rent up by 1,500 more bucks. It would be a bad deal on his part to say otherwise.

 

 

I respectfully disagree with you there. It may not be a credit product in the same sense as an installment loan or credit card, but it surely indicates how you pay your bills. Especially your most important one - housing.

 

This is a lot like a mortgage, or a lease on a car. Both of those are factors on your credit report.

 

If they can pull our CR for employment and insurance, it would be hard to expect that this is none of a landlord's business. If I was a landlord, it would be my business.

[grneyedmustang]

Most of the complexes I've dealt with used Safe Rent also.

[MCHB]

first of all, landloards should not be allowed to pull my credit report, renting an apt is not a credit product. my credit history is none of there damn business. if they want to know if i pay rent on-time, they can call my previous landlords. just my 2 cents

 

 

I agree with bullwinkle!!! Also, I have been late a few times in the 10 years I'm in my apt but when I'm looking to move after my lease is up my present landlord is going to tell them I was the best tenant he's ever had if he wants me out. he will renovate and jack the rent up by 1,500 more bucks. It would be a bad deal on his part to say otherwise.

 

 

I respectfully disagree with you there. It may not be a credit product in the same sense as an installment loan or credit card, but it surely indicates how you pay your bills. Especially your most important one - housing.

 

This is a lot like a mortgage, or a lease on a car. Both of those are factors on your credit report.

 

If they can pull our CR for employment and insurance, it would be hard to expect that this is none of a landlord's business. If I was a landlord, it would be my business.

 

As a landlord of over 20 rental homes, if you don't want me to look at your credit report, you won't be living in my house. How is it none of my business? I give you the keys to my $75,000 investment on your promise to pay... Sounds like credit to me. As ljeen clearly states, without realizing it, I can't trust your current landlord to tell the truth, b/c if you're a crappy tenant who doesn't pay on time, that landlord will likely tell me you're a great tenant just to get rid of you.

 

We provide homes to people with all sorts of credit challenges, but we need to understand them first. A person who lost their job 4 years ago and has numerous chargeoffs and is now getting back on their feet will be a great tenant. Unfortunately, we also see people with great jobs and incomes who have never seen a bill that they can pay. A credit report (tri-merge for us) tells us all that.

 

This is my 2 cents. Sorry to hijack the original thread. FYI, we use a national credit reporting service to pull our credit reports.

 

MCHB