TPN RentCheck is the most comprehensive enquiry available in the market to assess tenants.
RentCheck | TPN | - Rental Payment Profile
- Judgement
- Defaults
- Notices (Sequestration, Rehabilitation, Administration Orders)
- Credit Exposure
- total value of credit borrowed
- value of monthly repayments
- Amount in arrears
- Account Payment Profile
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| TransUnion |
| Credit Exposure |
How will the information help secure better tenants?
- Early warning indicators - “late or non” payment profile will reflect in the Arrears Balance even before judgement or defaults are listed.
- Post Credit Amnesty indicators – “late or non” payment profile will reflect in the Arrears Balance even if judgements or defaults were removed due to the Credit Amnesty
- Rental Payment Profile is key – generally a tenant who has a perpetual history of late or non payment of rent continues this payment behaviour in the future. Any tenant who displays a deviation from a history of paid on time and in full behaviour is scored as riskier; the landlord / estate agent may choose to reject the tenant or contract with stricter terms such as higher deposits, surety, debit orders, month-to-month as opposed to a fixed term lease.
What information is included in the TPN RentCheck?
- In order to access the RentCheck enquiry, the Agent / Landlord is required to load a minimum of 1 (One) month's Payment Profile Information onto the Database;
- The Agent / Landlord acknowledges and accepts that ongoing access to RentCheck shall be dependent on Rental Payment Profile information being updated on a monthly basis and that TPN may, in its sole discretion, suspend the Agent / Landlord's access to RentCheck at any time should the Agent / Landlord fail to timeously provide such information to TPN.