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  7. SingleKey - Tenant credit screening
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SingleKey - Tenant credit screening

SingleKey is a Canadian platform that provides tenant credit reports and rent guarantee services to help landlords assess potential tenants and reduce rental risks.

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Introduction

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Information

  • Publisher
    VanVan
  • Websitewww.singlekey.com
  • Published date2024/12/10

Categories

  • Real Estate
  • Lifestyle
  • Tools

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    Detailed introduction:
    SingleKey is a comprehensive solution for landlords in Canada, offering tools to screen tenants effectively and safeguard rental income. Its services include detailed tenant credit reports, rent guarantee programs, and access to international credit history for newcomers.

    Key Services

    1. Tenant Credit Reports

      • SingleKey provides detailed credit checks powered by Equifax® or TransUnion®, covering:
        • Credit score
        • Public records
        • Income and employment verification
      • The report helps landlords evaluate a tenant’s financial responsibility.

    2. Rent Guarantee Program

      • Offers financial protection for landlords, covering:
        • Missed rent payments
        • Legal assistance for eviction
        • Damage protection for rental properties

    3. International Credit Screening

      • Through Nova Credit®, SingleKey helps landlords access international credit history for new immigrants or international students.
    How It Works

    1. Order a Report

      • Enter the tenant’s information on the SingleKey platform or send an invitation for the tenant to provide their details.

    2. Pay the Fee

      • Each tenant credit report costs $29.99 CAD, payable by either the landlord or tenant.

    3. Receive the Report

      • Reports are typically generated within minutes and can be securely accessed through the SingleKey portal.
    Advantages
    • Fast and Reliable: Reports are generated in minutes, saving landlords time.
    • Comprehensive Insights: Includes credit scores, income verification, and public records to provide a full picture of the tenant’s financial stability.
    • Risk Reduction: The Rent Guarantee Program minimizes financial risks for landlords.
    Key Features
    • Access to real-time credit data from Equifax® and TransUnion®.
    • International tenant screening for newcomers to Canada.
    • Easy-to-use online platform for quick and secure access to reports.

    SingleKey ensures landlords have the tools and information needed to confidently manage their rental properties and select responsible tenants.