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Updated almost 12 years ago on . Most recent reply
How do I run a credit check?
I have some applicants for a rental property coming out on Thursday, how do I run a credit report on them? What am I looking for on the credit report? Any advice is appreciated.
Sean
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#3 Guru, Book, & Course Reviews Contributor
- Investor, Entrepreneur, Educator
- Springfield, MO
John, gotta say that's not a good idea, allowing any applicant to bring you a credit report. I see you are a hard money lender, hope you don't do that in lending.
Joe can get Bob to run a report, copy it, edit the ame and SSN, hit print and Joe has a good credit report!
I'll mention too, that an applicant should never have access to a credit report or to any verification. You don't hand a past landlord verification to the applicant to have them go get your verification filled out! :)