Credit Reports
1. PERSONAL CREDIT HISTORY REPORT
A Personal Credit Report lets you see – on one report that reflects your entire credit profile – the same kind of information that Creditors, Landlords and Employers see about you. Learn how to recognize potential problem issues and shape your credit profile for success at TransUnion’s help centre.
2. WHAT IS A CREDIT SCORE?
A Credit Score is a number ranging from 300 – 900 that creditors use to determine their likelihood of being repaid on time and in full if they approve someone for a loan or credit card. A good Credit Score indicates good financial health; the higher it is, the less credit risk you present to creditors. If your score has been lowered by information on your report that you feel is incorrect and you wish to dispute it, connect here to get help.
3. WHY ARE CREDIT REPORTS MISSING THE MOST VITAL INFORMATION?
Rental payments do not generate any interest income for consumer credit providers. However, your rental history information is far more important to landlords and property managers than how you pay your creditors; until recently it was not available to them.
But RentCheck believes in the principle that “People with bad credit can be good Tenants – how you paid your rent in the past is the best indicator of how you will pay it in the future. Your rental history tells the most accurate story and those with a good rentlife record deserve to get recognition for it.
If your credit score is very low, or you even have a bankruptcy on your file, we continue to believe that your responsible tenancy record, no matter what your credit standing, is what landlords value most.
How does that work?
First: We help you establish your rental history record as a reputable resident.
Second: With your consent, we disclose your rental history information:
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when you apply for an apartment
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when you submit a copy during the viewing of an apartment
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when you give a landlord online access to view your rent file
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when you send an online copy of your report and score to a landlord anywhere, anytime.
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