Cozy Credit Check Fee

By requesting or viewing applicant credit reports or background check reports you agree to comply with the fair credit reporting act and any applicable state laws governing the use of consumer reports.

Cozy credit check fee.

Reports are run as soft inquiries so they won t negatively affect applicants credit. When they pay with their bank account it s free. Applicants verify their identities and pay for their own reports so you don t have to collect application fees. The average policy costs about 20 month.

I don t know how common it is to have your tenants pay to have these checks done. Cozy helps landlords and tenants with fast credit checks background and eviction checks free online rent collection and easy tenant screening. When tenants choose to use a credit or debit card there s a 2 75 service fee. Landlords can require renters insurance and renters have the option to purchase insurance through cozy.

We ll keep you in the loop every step of the way. Credit reports are generated by experian and include the most current available credit information about an applicant. The price varies based on location and property. Learn more about the change.

What i don t like is that cozy kind of markets their credit and background check as free. You further agree that you are requesting or viewing such reports solely for the purpose of prospective tenant screening and for no other purpose. Pay for free with their checking accounts or for a 2 75 fee with their cards. It s 34 95 to complete both.

Well it s free to you because the tenant has to pay for it.