Naborly Credit Report, powered by Equifax, outlines the tenant’s 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.
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.
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).
Naborly provides a rental history search to help landlords verify the previous addresses of the tenant.
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 500-900 and is color coded green, yellow, or red depending on the score.
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.