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Type of Credit pull by Apartment Rental company and its impact

tag
Anonymous
Not applicable

Type of Credit pull by Apartment Rental company and its impact

I am looking to move into new apartment. While filling out the rental application, they will be doing credit check and I want to know why type of credit check they will be doing: hard pull or soft pull. I called to find out but they said that this operation is done thru CoreLogic (third party provider). Does anyone know whether it's going to be hard pull vs. soft pull. I also should mention that the apartment community is owned and operated by a large professional company. It's not a small-scale, mom&pop land-lord.

 

If it's the hard pull, what's the impact on the credit score because of this? I have excellent score from all 3 bureaus (above 800 for Equifax, TransUnion, and Experian). I just don't want to get it messed up by a rental application. I am looking to buy a house in next six months.

 

Please help me if anyone has any information about whether CoreLogic only does soft pull vs. hard pull and its impact on the score.

 

thank you,

 

Buy/Sell

Message 1 of 3
2 REPLIES 2
pizzadude
Credit Mentor

Re: Type of Credit pull by Apartment Rental company and its impact

It will very likely be a hard pull ~ although they may not pull all three CRAs. Inquiry damage is usually very minimal, so I wouldn't expect much of a score hit.
March2010 FICO® ~ 695 TU, 653 EQ, 697 EX
Message 2 of 3
Anonymous
Not applicable

Re: Type of Credit pull by Apartment Rental company and its impact

They use SafeRent Resident Screening.  I am not even entirely sure they use a FICO score.  Something called Registry ScorePlus.

Message 3 of 3
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