Site Inspection for Credit Reports
Site Inspection for Credit Reports
If you would like to order credit reports on your rental applicants for tenant screening purposes, Rentec Direct offers two types of credit reports options for our clients:
- Tenant Full Credit Report with FICO score (see example)
- Tenant Credit Report card with FICO score range (see example)
If you want to order a full credit report with FICO score, the Credit Reporting Bureaus require you have a site inspection of your office or home office.
The site inspection is a simple process where a contracted site inspector who will meet you at your office or home office to verify that you have the means to securely access, store, and dispose of tenant credit report data appropriately.
During the site inspection, the site inspector will:
- Verify there is a physical office or home office which is a secure environment that does not allow public access to your computer
- This may include a lock on the door or a password protected computer
- Look to see that you have the ability to secure or dispose of any printed credit reports properly by way of a paper shredder and a locking filing cabinet
- Verify that credit reports will be used for tenant screening only and for no other purpose
- Take pictures of the location
The Credit Bureaus require the site inspection before access to credit reports can be given. The site inspection fee is $50.00. This is the cost from the site inspection company and we will never charge you more than we are charged.
While you wait for the site inspection to be completed, your account is fully activated to order Criminal Background Reports, eviction history reports, and more. You can also order a Tenant Credit Report card with a FICO score range, while waiting for your site inspection.