Overview
How Tenalet Verifies Your Tenant's Income
You need to know if your tenant can afford the rent. They say they can. Their bank account tells a different story. Tenalet pulls verified bank data and shows you exactly what your tenant earns, where it comes from, how long it has been coming in, ...
Differences between a hard and soft credit check
What is a soft credit check? A soft credit check happens when a credit report is accessed for non-lending purpose. These occur when Employers or landlords conduct background screenings Individuals check their own credit score or report Someone ...
What is a no credit file report?
A no-credit-file report means that when a credit bureau searches for an applicant's credit history, it finds no records on the file. In simple terms, the person has no credit history with that particular credit bureau. Why would someone have no ...
What's included in a credit report?
A credit report is a document that shows the applicant's borrowing history- basically, how they have handled debts and bills in the past. This tells you if they are good at paying on time or if they have a habit of missing payments. More importantly, ...
What’s included in an income verification report(IVR)?
An income verification report is a document that provides information about an applicant's income if they are eligible for a rental. It uses bank-verified data to prove the applicant can afford your rent, and this uses Mono, an open banking service ...
What’s included in a standard rental application report?
This is where you get the complete story about who wants to rent your house. It contains broader information about the applicant, including their work status, employment details, salary, identity, and other important details. Below is an example of a ...
How to read a tenant screening report
The Tenalet screening report provides all the information you need to make an informed decision about an applicant. It is generated the same day the application is submitted. When an applicant completes screening, you receive a PDF report with these ...
How to archive a property
Once you have invited a prospective tenant to apply, you cannot cancel or withdraw the application. If the property is no longer available, here is what you should do Go to your Tenalet Dashboard and select Properties Click the property you want to ...
How to accept and decline an application
Review applications in your dashboard under Screening, then use the Actions menu to accept, accept on condition, or deny applicants with automated notification letters. Once the applicant submits their application, you will be able to accept/decline ...
How to pay for tenant screening
If you choose to cover screening costs, you must pay the fee before viewing the applicant's screening reports. If applicants paid for their own screening, you can view their reports at no cost. This doesn't apply to you. To view submissions: 1. Sign ...
How to screen a tenant
Screening a tenant involves creating an account, adding property details, and sharing the application link with the applicant. Who can screen tenants on Tenalet? All listing agents, landlords, tenant agents, and property managers can screen tenants ...
Intro to Tenalet for landlords and agents
As a landlord, whether at home or abroad, you rely on gut feelings and lack of data to make rental decisions. Not only that, but there's also this lingering fear whenever you're about to sign your property over to tenants—a fear fueled by traumatic ...