Choosing a tenant to rent one of your properties is an important and difficult decision. Obtaining applicants’ consumer reports can help you make an informed choice when accepting or denying housing applications. However, you need to take care when using this valuable resource. The Fair Credit Reporting Act (FCRA) regulates the use of consumer reports, in order to protect consumers. It is important that you comply with the FCRA to avoid costly penalties and lawsuits.
Click here to download the USI Risk Insights one page informational flyer. Courtesy of USI Northwest Insurance, your risk management partner.
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