Topic: Does your company have a practice of running credit/background checks for renewals?

Kathy Vance's Avatar Topic Author
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Does your company have a practice of running credit/background checks on current residents as a part of the renewal process?
Posted 2 months 1 day ago
Michelle Leigh's Avatar
Michelle Leigh
Current? Why?
Posted 2 months 1 day ago
Kathy Vance's Avatar Topic Author
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Michelle Leigh idk but someone suggested this as a practice and I didn’t think it was a thing. Glad to hear it isn’t a thing for you.
Posted 2 months 1 day ago
Megan Goodmundson's Avatar
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You have something better and more accurate than their credit report . You have their actual payment record to you. If someone is paying their rent to us but is late on their car and credit cards , well, I’m fine with that. Did you misunderstand someone and they mean they are running a criminal check at renewal ?
Posted 2 months 1 day ago
CJ Gallagher's Avatar
CJ Gallagher
No, but we do rerun if they transfer and sometimes you find out things that have occurred during their current term. Not an easy conversation.
Posted 2 months 1 day ago
Amy Smith Montoya's Avatar
Amy Smith Montoya
Companies might rerun background typically because of a Crime Free program to identify if anyone has been convicted of new charges that wouldn’t pass the original move in policy.
Posted 2 months 1 day ago
Summer Baxter's Avatar
Summer Baxter
No I think you can look at their late/NSF history and determine enough about how they handle their finances and if you want to renew
Posted 2 months 1 day ago
Stacie Tennyson's Avatar
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Typically only done for criminal for renewal at housing authorities because of the strict felony guidelines.
Posted 2 months 1 day ago
Kelly Kuehle Domres's Avatar
Kelly Kuehle Domres
I worked for a company that did this and truly felt there was a lot of redundancy in the process. I could never get to the bottom of their reasoning for it. We’re they planning to non-renew? Would they evict? Was never clear and seemed like such a waste of $.
Posted 2 months 1 day ago
Steph Kwek's Avatar
Steph Kwek
That seems like a really unnecessary expense
Posted 2 months 1 day ago
DeAnn Brown's Avatar
DeAnn Brown
No
Posted 2 months 1 day ago
Donna Schatz Pinney's Avatar
Donna Schatz Pinney
No
Posted 2 months 1 day ago
Jasmine Morales's Avatar
Jasmine Morales
We ran criminal only at renewal when we took over a new property.
Posted 2 months 1 day ago
Tamara Sanchez's Avatar
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I find it as problematic as it impacts their credit.
Posted 2 months 1 day ago
Sherie Walker's Avatar
Sherie Walker
Tamara Sanchez this. I’d be very upset and would absolutely move over it. I worked hard on my credit and won’t let it go to crap for anything.
Posted 2 months 1 day ago
Tamara Sanchez's Avatar
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Sherie like how would they ever try to get another home or something. I wonder if it’s even legal?
Posted 2 months 1 day ago
Kathy Vance's Avatar Topic Author
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Tamara Sanchez FCRA allows for running credit and background checks upon renewal. But, I've never known it to be a common practice in over 40 years in the business. That's why I was asking if others are now doing it and under what circumstances. Answers were seem to indicate it is not common for renewals, as I expected - except where there may be some unique conditions like a crime-free housing commitment or special income requirements.
Posted 2 months 1 day ago
Stacy May's Avatar
Stacy May
No
Posted 2 months 1 day ago
Stephen Boyd's Avatar
Stephen Boyd
We don’t re-screen at renewal. However, we do when a resident wants to transfer. Full credit and criminal. I worked for a company that did and I never understood why and leadership never gave direction on what to do in the event screening came back denied. It never happened, but the policy was also very short lived.
Posted 2 months 1 day ago
Sherie Walker's Avatar
Sherie Walker
No
Posted 2 months 1 day ago
Stephen Boyd's Avatar
Stephen Boyd
I have done it on properties that are new purchases after looking through files if needed and only crims never credit. These properties also were problematic.
Posted 2 months 1 day ago
Sherie Walker's Avatar
Sherie Walker
No.
Posted 2 months 1 day ago
Susan Scharpenter's Avatar
Susan Scharpenter
No. Just move in. Unless transfer to another unit.
Posted 2 months 1 day ago
We've done background checks but not credit?
Posted 1 month 3 weeks ago
Jennifer Gulledge's Avatar
Jennifer Gulledge
No.
Posted 1 month 3 weeks ago
Brenda Boyd's Avatar
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Yes. Background checks on any occupant that was not checked at time of move in or a long term resident who has not been verified in some time. We do not run or re run credit.
Posted 1 month 3 weeks ago