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There are hard inquiries and soft inquiries, and both the rules around them and the effect they have on your credit score are very different. Hard inquiries typically require your written permission.
Authorizing a credit pull will drop your FICO (credit) score by about 5 points. Credit bureaus understand that your credit may be checked many times while you shop for a home loan, and so they treat multiple checks within a short time as one credit pull.
In order to run a credit check on a tenant, the application form should, at a minimum include: The Tenant's Full Legal Name. Addresses for at least the Last Two Years. Social Security Number. Date of Birth. Current Employer. Current Landlord.
I agree and give my consent to you to process my personal information for the purposes relating to obtaining my credit report through you and agree that you may share this information for this purpose with a registered credit providers as well as your service providers in order to enable them to process my personal ...
Before a financier, landlord, or any party would like to perform a credit check on an individual, it's required, under the Fair Credit Reporting Act, that the individual gives consent before their credit is searched.