Is TransUnion SmartMove a hard inquiry?

Is TransUnion SmartMove a hard inquiry?

A review of a SmartMove report results in a soft-inquiry on the applicant’s credit history, which has no effect on their overall credit score. TransUnion SmartMove is the clear choice for helping you make the right decisions for your rental property.

Does SmartMove check your credit?

TransUnion SmartMove uses a soft credit inquiry for its screening reports. It will not impact or damage your credit score.

How much is a typical rental application fee?

According to RentPrep, the average rental application fee is $25 per applicant. Depending on which state you live in, you may be able to charge a market-based rental application fee. However, many states limit the amount you can charge.

What shows up on a TransUnion background check?

Resident Screening TransUnion Direct provides key background data, including credit reports, identity verification and now criminal histories.

What is an acceptable credit score for renting?

Most individuals or companies renting an apartment want credit scores from applicants to be 620 or higher. People with credit scores lower than 620 may indicate a high risk of default on rent owed.

What is the best background check for tenants?

Best Tenant Screening Services of 2021

  1. RentSpree.
  2. American Apartment Owners Association Tenant Screening.
  3. Corelogic MyRental Tenant Screening.
  4. Cozy.Co Tenant Screening.
  5. Experian Connect Tenant Screening.
  6. RentPrep Tenant Screening.
  7. Transunion Smartmove Tenant Screening.

Is an admin fee the same as a deposit?

Unlike a security deposit that is often refundable, the admin fee is not. That being said, there are cases in which you will get a full or partial refund. One of these exceptions is if your application doesn’t go through or if the landlord decides against you living there. In this case, you will receive a refund.

What is the security deposit?

A security deposit is money that is given to a landlord, lender, or seller of a home or apartment as proof of intent to move-in and care for the domicile. A security deposit is intended as a measure of security for the recipient, and can also be used to pay for damages or lost property.

How far back does a TransUnion background check go?

Typically, TransUnion will generate reports containing records dating back as far as seven years, although this varies by state and we recommend looking up your specific state’s regulations for how far back the Criminal Background check searches.

How long does TransUnion SmartMove take?

SmartMove will issue the credit within 24 hours. The purchaser’s bank may take up to seven business days to reflect the refund in the online summary of the credit card.

Is the TransUnion SmartMove tenant screening report good?

After digging through their reports, our review team had mixed feelings for TransUnion SmartMove’s tenant screening services. Their Basic report doesn’t stack up well to other reports in the same price range, but their premium report, while pricey, received some of our highest ratings in the industry.

When did TransUnion start offering the SmartMove service?

In April of 2017, we launched a partnership with TransUnion and began offering their SmartMove product to our clients. Here’s what the SmartMove pricing looks like as of February 13th, 2019. If you’re a reader of fine print you may be wondering why certain states don’t include criminal data.

How much does it cost for TransUnion smart check?

You’ll notice in the $25 SmartCheck Basic package they do not offer eviction data. Again, in my opinion, a tenant screening report without eviction data is not worth your time. The SmartCheck Plus package comes in at $38. This is the same product we offer here at RentPrep for $35.

How much does it cost for a SmartMove screening?

SmartMove’s pricing ranges between $25.00 and $40.00 per screening. See SmartMove’s full list of prices for more. Is SmartMove safe? Yes.