Curious about what a SingleKey Tenant Report looks like before ordering one? You can easily view a sample report to see exactly what kind of information you’ll receive. It includes everything from the applicant’s credit score and rent-to-income ratio to public records and ID verification — all in one easy-to-read format. ✅ To view a […]
💳 When Is My Card Charged? You are only charged if the tenant completes the application.When you send an application invitation, a temporary hold is placed on your credit card. This hold is not a charge—it’s simply a pending authorization to reserve the funds. If the tenant does not complete the application, the hold will […]
Yes — tenant consent is legally required before running a credit check or accessing any sensitive personal information. At SingleKey, we ensure this step is built into the process to protect both the applicant and the landlord. 🔐 Why Consent Matters A credit check is a form of a background screening that involves accessing private […]
There are two primary reasons why a “No Credit Hit” may appear on a credit report: 1. Information Mismatch One of the most common reasons for a “No Credit Hit” is a discrepancy between the information provided and the records on file at Equifax. 🔍 What to Check: Is the tenant’s full legal name spelled […]
Our report provides detailed insights across several key areas, including: ✅ Core Components of the SingleKey Report (Sample Report) Full Equifax Credit Report: Gain access to a complete credit file, including: Credit score Debt summary Tradelines Monthly debt obligations Bankruptcies, collections, and miscellaneous items Local and foreign credit inquiries. This information comes directly from Equifax, using […]
When screening a potential tenant, one important consideration is who will cover the cost of the application report. At SingleKey, we offer two flexible options to suit your needs: 1. Create Tenant Invite If you choose the “Create Tenant Invite” option, you’ll be able to decide who pays for the application at the time of […]
If you haven’t received the report within 5 to 10 minutes, this could be due to a few common issues: Has your profile setup been fully completed? Have you finished the verification process as part of your account setup? Has the application been submitted by the tenant/landlord? Has the payment for the application been processed […]
If you’re wondering how quickly you can access a tenant or landlord report after submitting an application, the process is designed to be swift and seamless. Once your account setup is complete and all required information has been submitted, reports are typically generated within 5 minutes. As soon as your report is ready, it becomes […]
As a landlord or property manager using SingleKey, you can easily tailor what information is required from tenants by updating your Report Preferences. This allows you to streamline your screening process and ensure you collect all necessary documents upfront. Step-by-Step: Customizing Mandatory Tenant Report Fields Access Account SettingsClick your profile icon in the top right […]
Rental Credit Checks Now Classified as Soft Inquiries — What This Means for Tenants As of November 2024, a significant change has taken place in how rental credit checks are treated by Canada’s major credit bureaus, TransUnion and Equifax. Both agencies have officially classified these checks as soft inquiries, bringing relief and clarity to renters […]
Step 1: Log in to SingleKey and select the Tenant Report option from the top menu. Then, click on “Order new report” on the top right corner of the page. Step 2: Choose whether you would like to: (A) Send an invitation to the tenant to fill out their information or(B) If you already have […]
Running a credit check is a vital process for landlords when it comes to screening potential tenants. It provides valuable insights into a tenant’s financial history and helps landlords assess their likelihood of paying rent on time. With SingleKey, you can easily and affordably run credit checks on your prospective tenants. Our platform offers a […]