Michigan Rental Credit Check

Michigan Rental Credit Check - What is it?

Michigan Rental Credit Check forms are used by Michigan landlords, property managers, and Michigan property management companies to get permission from Michigan tenants to check their rental credit history. The Michigan Rental Credit Check Form should be given to all potential tenants who will be renting the property, as it obtains each applicant's authorization to check his or her credit history. Authorization to check a Michigan tenant's credit history is typically included in most Michigan Rental Application Forms.

Michigan Rental Credit Check - Why is it important?

• Michigan Rental Credit Check Form gives authorization to landlords, property managers, and Michigan property management companies to check rental credit history for a tenant
• Michigan Rental Credit Checks help Michigan property managers and property management companies to screen prospective tenants by looking at their credit history
• Michigan Rental Credit Checks can help determine whether a tenant in Michigan has ever been evicted or filed for bankruptcy in the past

Michigan Rental Credit Check - What should be included?

• Name of the Tenant(s)
• Tenant(s) Date of Birth
• Tenant(s) Social Security Number
• Signature from the Tenant(s)

Michigan Rental Credit Check - What should I do with it?

• Review the Michigan Rental Credit Check Form to make sure it is Legible and Complete
• Confirm the Applicant's Identification (Ask to see Michigan Driver's License, Passport, etc...)
• Submit information provided by the tenant to 3rd party Michigan tenant screening service
• Evaluate results from tenant screening service and decide if you want to rent to that tenant

Michigan Rental Credit Check - What else should I know?

Michigan Rental Credit Check Forms help to gather information needed (including the tenant's authorization) to conduct a credit check on a tenant. If you are interested in tenant screening, you should check out TransUnion's SmartMove, which allows Michigan tenants to submit their private information directly to TransUnion. TransUnion then provides Michigan landlords and property managers with a leasing recommendation, credit report, and criminal history for each tenant. The benefit with TransUnion is that tenant's credit score is not impacted with SmartMove because the tenant initiates the request for their own file to be sent, so it's a 'soft hit' on their history, which doesn't impact their credit.

Here is a Michigan Rental Credit Check Form that landlords, property managers, and property management companies in Michigan can use: