I've always thought (and still think) that requests for consumer credit reports for residential rentals is an abuse of the Fair Credit Reporting Act (FCRA).
Why do I hold an opinion that seems to be contrary to common practice?
First, I'm no stranger to holding opinions that contradict popular positions. So, this one shouldn't really surprise anyone who actually knows me.
But, unlike many, I don't hold opinions based on "feelings." I form opinions based upon facts as I understand them.
And, it's my opinion that requesting consumer credit reports for residential rentals is, 1) a violation of the FCRA, and 2) unnecessary. Here are the facts in support of my opinion.Continue reading