FraudWorks

Reviewing rental applications

Checking pay stubs and bank statements from applicants.

What to check

Pay stubs: net pay against gross minus deductions, and Social Security and Medicare rates. Bank statements: every running balance and the closing balance.

Warning. Results are fraud risk signals for your own review, not consumer reports. Do not use them as the only basis to deny an application, and give the applicant a chance to explain a finding.

NextReviewing loan documents