We use a soft credit check on tenants, meaning it won't hurt a tenants credit score, and currently use both Transunion and Equifax for every tenant reference check. Additionally to a credit score, we check for any adverse credit history, such as bankruptcies, county court judgments (CCJs) and court decrees.
Furthermore, we use open banking to get an accurate financial overview of the tenants previous and current income, past rent payments and certain risk metrics. We also run anti-money laundering checks, terrorist financing checks and sanctions checks on each tenant as well as verify their identity and right to rent by uploading a selfie + government ID or visa.
Hope this helps, and let me know if you have further questions 🙂
CEO & Founder