FAQ: Why am I required to pay for screening?
The screening fee covers the cost of your income verification report and credit report, which will be included before your application.
Income Verification Report: Confirms your financial ability to pay rent. Tenalet partners with Mono, an open banking provider, to generate this report.
Credit Report: Shows your financial reliability. Tenalet generates its credit report through CRC Credit Bureau, a regulated entity that charges a fee for each official credit report.
These reports help landlords make faster decisions about your application.
You pay this fee after you've found a property you want to rent and the agent/landlord has sent you the application link.
Related Articles
Completing your online rental application
The rental application form is sent to you by the landlord or agent. Filling the rental application form involves a three-step process which includes: Rent specifics, Rental application, and Tenalet screening. Before you begin You should have already ...
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 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 ...
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 do landlords see in my credit report?
Your credit report contains more than just your credit score. Landlords want to see if you're responsible with borrowed money and financial obligations. Because if you pay your debt on time, you'll probably pay rent on time too. What landlords see: ...