Landlords and the Fraud Rental Game
TVS is an effective tenant screening service that will help you prevent fraud and reduce income loss.
- TVS is an effective tenant screening service that will help you prevent fraud and reduce income loss. Your applicants will provide you with a Social Security Number which is validated on the consumer credit report that you obtain through TVS. If the SSN provided by your applicant on the rental application is not valid, you will be alerted. Fraudsters often provide false information, including a wrong date of birth and misspelling of their name. The SSN will generally pull up a file even though false information has been given; this is one way to determine the identity and truthfulness of your prospective tenant.
- TVS obtains a consumer credit report for members that includes address information, employment information, liens, collections, civil judgments and bankruptcies. It also includes tradeline information (credit accounts) where the accounts are rated 1 thru 9. A rating of "1" is the best rating which indicates the account is paid on time and "9" being the worst which indicates the account is severely overdue and has likely been closed by the credit grantor. The credit score (Vantage or FICO) is an indicator of a good OR problematic credit history.
- Without TVS you risk renting to tenants who may be playing the fraud rental game,
and have intent to use you as part of their revolving line of credit.
TVS will help minimize your risk of fraud and income loss!
