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Updated over 5 years ago on . Most recent reply

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6
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Hyung ku Kim
  • Rental Property Investor
  • Charlotte, NC
0
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6
Posts

First time using Rentprep

Hyung ku Kim
  • Rental Property Investor
  • Charlotte, NC
Posted

I have 2 questions when using rentprep to pre-screen a tenant. This is my first time pre-screening a applicant and there is chance that I may need to decline an applicant due to what is showing on their Credit bureau. From bigger pockets, i am aware that i need to provide reporting agency's name, address and phone number if the denial was based on the information received in a consumer report. My question is.

1. Will I be placing Transunion as the reporting agency even though information was received through rentprep or do I place rentprep as the agency?

2. Do i also need need to provide the report to the tenant. I am aware the tenant also receive a copy, but i was not sure if i need to provide them.

Thank you

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