What are the TransUnion Credit & Criminal reports?
Prerequisite:
TransUnion Credit & Criminal Reports
The TransUnion Credit & Criminal Reports is an add-on service available with the Online Application feature. No additional setup is required. Once the Online Application is active, this option will automatically be available when creating a deal.
During the deal creation process, at the Select Documents step, you will have the option to include the TransUnion Credit & Criminal Reports. During the application process, the applicant will be prompted to provide additional personal information and authorize the collection and sharing of their credit and criminal reports. Once processed, these reports will be made available to you.
For those that have access to the Credit Report tab in the top navigation menu, meaning you are using the original Credit Check service, you will no longer need to pull credit reports manually.
Pricing:
- $30 per applicant/guarantor
If your office charges a fee higher than $30 through our system, the $30 will be deducted from that fee. Otherwise, your applicant/guarantor will be charged the standard $30.
What’s Included:
- Credit Score - TransUnion Score
- Credit Report - Soft Pull
- Criminal Report
Two Credit Report Options:
In addition to the TransUnion Credit & Criminal Reports, we offer another credit check service, which we’ll refer to as the Traditional Credit Check. For those interested, you can ready about the setup process in this article.
Benefits of TransUnion Credit & Criminal Reports:
- No setup required
- Includes Criminal Report
Benefits of Traditional Credit Check:
- $10 per applicant
- FICO score
- Can be used as a standalone service