Landlords Run Credit Check
August 30th, 2008 by
admin
Credit checks run for a landlord or property manager are considered tenant screening inquiries. Tenant screening inquiries may affect your credit score, but multiple inquiries during a specific amount of time only count as one. It is understood that renters apply to multiple properties during their search for residence. This credit check procedure isinstituted to protect both parties upon the period of the lease agreement. The landlord may know if the prospective tenant can afford the apartment that is up for lease.
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