For landlords and real estate agents who work with tenant screening applicants regularly, you are bound to run into people who don’t have a social security number (SSN). This can sometimes complicate the process when needed to review their credit history in order to make an informed decision. Many applicants may offer to use a Tax Identification Number (TIN) instead, but how can this affect your screening process? Use this helpful infographic to learn about the similarities and differences between SSN and TIN.
Tenant Screening
Landlords: The FTC and CFPB Request Public Comment from You!
The Federal Trade Commission (FTC) and the Consumer Financial Protection Bureau (CFPB) have united to inspect how background screening can impact American renters, with a particular emphasis on examining the use of criminal and housing court records and tenant screening practices. As part of a whole-of-government effort detailed in the White House’s January 2023 Blueprint, the FTC and CFPB are seeking public comment until March 30, 2023. We urge you to voice your unique industry perspective.