I last wrote that you should never accept a credit report provided by the applicant due to easy online availability of fake credit reports. In this post, I would like to explain why even a valid credit report is inadequate by itself when screening a rental applicant. Credit reports do not contain enough information to […]
Monthly Archives: April 2017
Why you shouldn’t use a credit report provided by a rental applicant
Here is a big reason why you should never use a credit report provided by the rental applicant for an application. It is quite easy to get fake one. Simply by Google “Fake credit report” and fill out the on-line pdf. Here is a link to one of the sites so you can see for […]
How far and how fast will home ownership swing back?
I recently had lunch with a senior finance executive who is in his mid 30s, married and has a young daughter. The conversation turned to home ownership and how it is viewed by people in his age group. He rents and said that currently he and his wife (also a professional) have little desire to […]