Cozy Credit Check Fee

So i tell my applicants up front if i accept you i will refund you the.

Cozy credit check fee.

Learn more about the change. Pay for free with their checking accounts or for a 2 75 fee with their cards. The price varies based on location and property. There s nothing for you to do right now but we ll let you know before your account moves.

Credit reports are generated by experian and include the most current available credit information about an applicant. Landlords can require renters insurance and renters have the option to purchase insurance through cozy. The average policy costs about 20 month. It s 34 95 to complete both.

When tenants choose to use a credit or debit card there s a 2 75 service fee. Learn more about collecting rent. I don t know how common it is to have your tenants pay to have these checks done. Applicants verify their identities and pay for their own reports so you don t have to collect application fees.

Well it s free to you because the tenant has to pay for it. When they pay with their bank account it s free. 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. Reports are run as soft inquiries so they won t negatively affect applicants credit.

We ll keep you in the loop every step of the way.