What’s in the Report?
PropHub goes beyond just a tenant credit check screening by offering a full tenant criminal background check. This advanced level of screening will ensure you have the right renter in your property. Powered by TransUnion and SmartMove, you will receive a credit check, income insights, eviction information, and a criminal background check.
Four Easy Steps
- Create an account
- Send your prospective renter an invite
- Prospective tenant completes application
- Full sceening and background report sent directly to you
Basic Report includes:
Credit Report
- Designed specifically for tenant screening for rental properties
- Soft-inquiry that won’t impact your applicant's overall rating with the credit bureaus
Criminal Report
- A criminal report provides you with a more complete tenant background check so you can avoid high-risk tenants
- Report searches over 370 million criminal and sex offender records from both state and national databases
For even more thorough tenant
screening, upgrade your report to include
Credit Score
- Designed to help you make better rental decisions in less time
- A step above the standard tenant credit check, this report includes in-depth payment history, full credit information, and a credit score number
Evictions Report
- Access to past behavior enables you to do a more thorough tenant screening, reducing your chances of an expensive and time-consuming eviction
- Report taps into 27 million eviction records, in all 50 states and Washington DC, one of the largest eviction databases subject to FCRA
Income Insights
- Avoid manual income checks and lower your risk of renter payment problems
FAQs
Who pays for the tenant background check?
By default, the applicant pays the fee. But, it’s up to you, the landlord or property manager, to determine who pays. With one easy click, you can decide to have the appliant pay for the credit check, or you can pick up this cost internally, if preferred.
How is PropHub's online criminal background and credit check screening different from other offerings?
First, there are no lenghty steps involved - simply create a account a begin using the service. Second, we partner with TransUnion SmartMove to streamline the process so appliants can initiate the secure screening by giving their online consent. Lastly, since it's the applicant that's initiating the screening via self-service, the credit check is only considered a "soft inquiry" on their credit report, which does not impact their credit score whatsoever.
How does a credit score differ from a traditional credit report?
Both are designed to help landlords perform tenant screening. The credit report provides a more accurate assessment of how likely an applicant is to perform as a renter. The credit score simply applies some automated algorithms in order to derive a number for a high-level summary rating. This is similar to a FICO score.
What does the prospective renter need to do to complete the tenant credit check?
Once they begin, they will be taken through a 3-step process:
- Applicant enters personal information
- Applicant provides IDMA verification (e.g., address of previous residence)
- Applicant submits payment for background check
What will the tenant credit and background checks look like?
A basic report includes a credit report and a criminal report. An upgraded screening report provides more in-depth payment history, evictions report, and an income check.
What if the applicant doesn't have an SSN?
Unfortuantely, at this time, we only have the ability to process applications for United States appliants that have a valid Social Security Number.
PropHub provides part-time landlords and property managers with essential tools and automation to help streamline the entire rental management process. It's time to get back that valuable time off you've been overspending on part-time property management. Sign up today to experience the Prop Hub difference, and you can always start out with no strings attached under the free tier.