Cozy Credit Check Fee

When tenants choose to use a credit or debit card there s a 2 75 service fee.

Cozy credit check fee. What i don t like is that cozy kind of markets their credit and background check as free. The price varies based on location and property. Landlords can require renters insurance and renters have the option to purchase insurance through cozy. I don t know how common it is to have your tenants pay to have these checks done.

Learn more about collecting rent. Cozy helps landlords and tenants with fast credit checks background and eviction checks free online rent collection and easy tenant screening. You further agree that you are requesting or viewing such reports solely for the purpose of prospective tenant screening and for no other purpose. Applicants verify their identities and pay for their own reports so you don t have to collect application fees.

The average policy costs about 20 month. It s 34 95 to complete both. When they pay with their bank account it s free. There s nothing for you to do right now but we ll let you know before your account moves.

Credit reports are generated by experian and include the most current available credit information about an applicant. Well it s free to you because the tenant has to pay for it. Pay for free with their checking accounts or for a 2 75 fee with their cards. So i tell my applicants up front if i accept you i will refund you the.

Reports are run as soft inquiries so they won t negatively affect applicants credit.