Landlords and the Fraud Rental Game
- TVS is an effective tenant screening service that will help you prevent fraud and reduce income loss.
- The applicant's Social Security Number (USA) Social Insurance Number (CDN) is validated on the credit report that TVS obtains for you, so if the number shown on your rental application is not valid, you will know. Fraudsters often provide false information that includes wrong date of birth and misspelling of last name. The SSN & SIN 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.
Little or no credit history=red flag. Click Here for the reasons why!
- TVS obtains a complete report for site inspected members that includes a current & previous address, current & previous employer, liens, collections, civil judgments and bankruptcies. It includes Credit Grantor information where the accounts are rated 1 thru 9 - "1" being the best rating which indicates that the account is paid on time and 9 being the worst which indicates that the account has likely been closed by the Credit Grantor. The FICO score (Beacon or Empirica) is an indicator of a good OR problematic credit history. The Identity is scanned for previous fraudulent activity in every instance - which further minimizes your risk.
- TVS is a Tenant Screening Service that records & reports debt owed by delinquent tenants. TVS Members have the ability to add names and associated debt to the TVS central database and to the Major Credit Bureaus via a TVS Affiliate.
- 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!
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