Step 1 - Credit Notes

• Only look at the past 3 years of history – do not go by total trade lines on account.

• Count all trade lines both active and inactive within past 3 years.

• Allocate points based on number of lines and payment history.

• If they come back no record found – no credit – 5 points.

• If there are collections > 250.00, send denial letter to apartment complex immediately.  Put a note in comments indicating that we have left a message with the applicant to have him clear his credit.  Call applicant to explain situation. 

• If they have a ton of collections or bad payment history, you can discount their financial situation and approve on co-applicants information but co-applicant must be able to qualify on their own.  

• If they are going to prepay the entire amount, either credit or employment can be dismissed though both cannot be bad/non-existent.

• If there are lines with P&L write off – they must pay off to < $250 – treat as a collection.

• If they are foreign, they will not have credit in this country, which is O.K. – 5 points

• If an account is cancelled by the grantor – do count this trade line.

• If the account has been transferred – do count this trade line.

• If there is a repossession – count as a negative trade line.

• If there is a foreclosure – count as a negative trade line.

• If a line included in a bankruptcy – do not count this trade line.

• If the student loan is not in repayment – do not count this trade line.

• Double check that the addresses on their application match the addresses on credit.   If they do not match, recheck or verify.

For further information about the services offered by TenantCheckUSA contact Customer Service by email or call 1-800-315-7678 (or 303-455-8855 if outside of the US). Our hours of business are from 7 a.m. to 8 p.m., Mountain Standard Time (MST), Monday - Friday. We are located at 1760 Gaylord Street, Denver, CO 80206. Please feel free to call our offices on Saturday, we will be open if the preceding week has been busy. For technical problems, contact Webmaster, Jason Hicks.
              
If you call to cancel your order BEFORE the order is processed, then there will be a $15 cancellation charge assessed. BUT please be advised that once your request has been transmitted to our researchers it is NOT possible for us to cancel the charges, nor change or expedite the order. For unsubstantiated, contested, or fraudulent credit card charges, there will be an additional $25.00 MINIMUM processing charge plus collection and legal fees, if incurred. By placing an order with us you hereby agree to these terms.