The Naborly Report
Features and Benefits
Equifax Credit Summary
The Naborly Report includes a tenant’s Equifax Credit Report outlining their FICO Credit Score, bankruptcy, judgement, collection and lien records as well as a summary of their revolving credit, auto loans, mortgages, student loans, medical loans, other debts and payment patterns for each.
Identity, Income, and Employment Verification
The Naborly Rental Application collects a tenant’s identity and income documents which are reviewed by Naborly’s team of expert document analysts and note if the document is legitimate and matches the information provided by the tenant. If a document is not verifiable, instructions are instantly sent to the tenant to upload the correct documentation.
Tenancy Projected Outcomes
In order to help landlords make sense of all the information about the tenant, Tenancy Projected Outcomes indicate the potential risk of late payments, property damage, eviction, early vacancy, and length of tenancy based on Naborly’s analysis of the tenant’s information, rental property and rental market.
The Naborly Score is a summary assessment of a tenant’s unique characteristics, rental history, credit history, financials and property needs in comparison to the characteristics of the rental market and rental property they have applied to. It ranges from 400-900 and is colour-coded green, yellow or red depending on the score.
When screening a tenant, it is crucial that a landlord understands the tenant’s current financial situation. Naborly calculates the financial risk of a tenant defaulting on rent by analyzing their verified monthly income and monthly expenses (share of rent, debt obligations and cost of living expenses).
Rental History Search
Naborly provides a rental history search based on Equifax's verified addresses to help landlords verify the previous address of the tenant. Previous landlord references' contact information is also provided.