Tenant Screening Services by Experian Provide Instant Rental Decisions

Secure Website will enable property managers and tenant screeners to enter custom rental criteria to approve the best applicants

Jan 12, 2010, 09:00 ET from Experian

COSTA MESA, Calif., Jan. 12 /PRNewswire-FirstCall/ -- Experian®, the global information services company, today announced its new Website designed specifically for the tenant screening industry. Through the site, property managers and tenant screeners will benefit from products and services that will provide convenient and secure access to tenant payment history, length of residence and fraudulent application information. This information will help them to be better informed about the applicants they are considering.

"With access to the right tools, tenant screeners and property managers can easily determine the most qualified tenants, giving them peace of mind that their properties will be rented to the best applicants," said Steve Wagner, president,  Experian Consumer Information Services. "Experian's new site not only offers a credit report and score, but now enables users to receive an instant decision based on the criteria they've customized and selected."

Rental decisions can be determined based on client criteria, which is chosen from six predefined attributes that will assist in the screening decisions:

  • VantageScore® risk model*
  • Debt-to-income ratio
  • Number of bankruptcies
  • Number of judgments
  • Current or past delinquencies

*VantageScore® is owned by VantageScore Solutions, LLC.

Based on the rental criteria, the customer will receive an instant decision from Experian to approve, refer or decline a tenant or renter.

Experian's Tenant Screening Services site can be accessed directly at www.experian.com/tenant.

About Experian

Experian is the leading global information services company, providing data and analytical tools to clients in more than 65 countries. The company helps businesses to manage credit risk, prevent fraud, target marketing offers and automate decision making. Experian also helps individuals to check their credit report and credit score and protect against identity theft.

Experian plc is listed on the London Stock Exchange (EXPN) and is a constituent of the FTSE 100 index. Total revenue for the year ended March 31, 2009, was $3.9 billion. Experian employs approximately 15,000 people in 40 countries and has its corporate headquarters in Dublin, Ireland, with operational headquarters in Nottingham, UK; Costa Mesa, California; and Sao Paulo, Brazil. 

For more information, visit http://www.experianplc.com.

Experian and the marks used herein are service marks or registered trademarks of Experian Information Solutions, Inc. Other product and company names mentioned herein may be the trademarks of their respective owners.

Contact:

Kristine Snyder

Experian Public Relations

1 714 830 5192

kristine.snydert@experian.com



SOURCE Experian



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