Property management software provider, Rentec Direct, has unveiled a new electronic application for property managers and landlords to gain access to credit reports for tenant screening. Rentec Direct offers versatile cloud-based software for landlords and property managers to efficiently organize renters, properties, accounting and other business tasks online.
One of the most useful features of Rentec Direct’s software provides the rental industry is integrated tenant screening solutions for managers to find credit reports, eviction data and criminal background on future renters.
Rentec Direct has provided credit reports to approved landlords and property managers since 2010. Prior to this recent update, obtaining credit reports required a paper application and physical signature. Rentec Direct modified the requirements to accept electronic signatures, resulting in an application process that is completed automated.
“The simplified application allows users to click through the options directly from their computer without needing to print, complete, scan and send back- that’s four extra steps they get to avoid,” explains Nathan Miller, President of Rentec Direct. “We are always on the lookout for ways to simplify processes and save our clients time, an electronic application was a logical step for us to take tp make our clients’ lives easier.”
Landlords and property managers are among the few professionals approved by Fair Credit Reporting Act to legally review a tenant’s credit report for the sole intention of determining an applicant’s qualification to rent. When setting up an account with a credit reporting agency, a landlord and property manager must submit a simple credit access application and supporting documentation that proves their need for access.
Rentec Direct offers a Tenant Screening only subscription to property managers and landlords who only want to order credit, criminal and eviction reports on future tenants. For property managers or landlords that want access to the full suite of Rentec Direct software solutions, pricing starts at just $15/month.