TransUnion Consumer Credit Reports

A TransUnion Consumer Credit Report for tenant screening is a comprehensive document that provides valuable insights into an individual’s credit history and financial standing. This report, generated by TransUnion, one of the major credit bureaus, is a crucial tool for landlords and property managers to make informed decisions about prospective tenants. Here is a description of what the report typically includes:

1. Personal Information:

• Name, aliases, and current address.
• Social Security number for identity verification.

2. Credit Summary:

• Overview of credit accounts, including open and closed accounts.
• Total credit limit and current balance.

3. Credit History:

• Detailed account information for credit cards, loans, and other credit accounts.
• Payment history, indicating whether payments were made on time or if there were any late payments.

4. Public Records:

• Information on bankruptcies, tax liens, and civil judgments.
• Records of any legal financial issues that may impact the tenant’s creditworthiness.

5. Credit Inquiries:

• List of recent inquiries made by creditors or landlords when checking the tenant’s credit.
• Frequent credit inquiries within a short period may be a red flag.

6. Collections:

• Accounts that have been sent to collections agencies due to non-payment.
• Information on any outstanding debts referred to collection agencies.

7. Credit Score:

• A numerical representation of the tenant’s creditworthiness.
• The credit score is based on various factors such as payment history, credit utilization, and types of credit.

8. Credit Utilization:

• The ratio of current credit card balances to credit limits.
• High credit utilization may indicate financial strain.

9. Fraud Alerts:

• Any alerts or notifications related to potential identity theft or fraud.

10. Inquiries:

• How many time the applicants credit has been pull and by who.

Clear Screening offers consumer credit reports for the following purposes ONLY:

Tenant Screening – Credit Profile Report – $14.95

Employee Screening – Pre-Employment Credit Report – $14.95

Additional Information about TransUnion Consumer Credit Reports

For more information relating to the use of TransUnion’s Consumer Credit Reports, please see their website at  https://www.transunion.com/get-credit-report/mail-or-phone