Can Tenant Screening Use Alternative Credit Data?
A Can Tenant Screening Use Alternative Credit Data? Category: Tenant Screening Tenant screening can use alternative data when permitted and available, such as rent payment reporting, utility payments, banking based cash flow, or verified income history. Availability varies by provider and jurisdiction, and data may be incomplete. If you use alternative data, disclose it, apply […]
Tenant screening can use alternative data when permitted and available, such as rent payment reporting, utility payments, banking based cash flow, or verified income history. Availability varies by provider and jurisdiction, and data may be incomplete. If you use alternative data, disclose it, apply it consistently, and allow applicants to correct errors.