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What is TransUnion SmartMove?

Tenant evaluations can now benefit from reliable credit checks specifically designed for this purpose. SmartMove's innovative tenant credit checks utilize ResidentScore, which enhances the accuracy of predicting rental eviction risks by 15% over traditional credit scores, thus aiding landlords in making more confident decisions regarding renting. Additionally, the platform provides access to an extensive collection of over 370 million criminal records from state and national databases, offering landlords a wealth of information to inform their choices. The service is notable for its vast database of evictions, which adheres to FCRA regulations and includes 27 million eviction records across all 50 states and Washington D.C. This comprehensive resource enables landlords to pinpoint applicants who may need additional scrutiny while filtering out those who do not meet their criteria. Historically, these tenant screening services were mainly available to large professional property management companies, making it difficult for individual landlords to access essential tenant background checks like credit reports. This gap in availability often posed challenges for rental property owners, real estate agents, and smaller property management firms. However, with these recent developments, the tenant screening process is now more accessible, leveling the playing field for landlords of all sizes. As a result, smaller landlords can now make informed decisions with greater confidence.

What is KYC Scoring?

KYC Scoring is an innovative online tool that enables various lending institutions, ranging from small lenders to major banks, to evaluate the financial risk associated with specific clients. Acting as a vital link between these lenders, the platform facilitates the exchange of financial information, which significantly enhances the accuracy of KYC verification processes. This functionality is crucial because, while an applicant may initially appear to be a low-risk candidate based on their credit history and financial activity, a thorough KYC assessment through our system can uncover critical issues, such as multiple outstanding loans or previous denials from other lenders. Armed with this comprehensive data, lending companies can make more informed decisions regarding loan approvals and customize terms that align with their risk management strategies. Moreover, traditional credit databases often require up to a week to incorporate new financial information, which can result in potential loans being prematurely granted based on outdated data. By utilizing live data access, lenders can significantly reduce the risk of default and enhance their financial decision-making processes. This shift towards real-time insights encourages a smarter, more responsible lending environment.

Media

Media

Integrations Supported

Metro2
Proprietio
Rentroom
TenantCloud

Integrations Supported

API Availability

API Availability

Pricing Information

$25 per screening

Pricing Information

£145
Up to 100 Enquiries

Supported Platforms

SaaS

Supported Platforms

SaaS

Customer Service / Support

Standard Support

Customer Service / Support

24 Hour Support
Web-Based Support

Training Options

Not specified

Training Options

Webinars
Online Training
On-Site Training

Company Facts

Organization Name

TransUnion

Company Location

United States

Company Website

www.mysmartmove.com

Company Facts

Organization Name

KYC Scoring

Company Website

kycscoring.co.uk

Categories and Features

Income Verification

Not specified

Rental Property Management

Tenant Screening

Tenant Screening

Not specified

Categories and Features

KYC

Not specified

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Geoalgo Technologies Private Limited