On-site Inspection - Advantage Tenant

What is an On-Site Inspection?

An On-Site inspection is a required office inspection completed by a bureau approved licensed inspector for businesses and landlords receiving detailed credit reports. This on-Site inspection verifies that you are in compliance with the FCRA guidelines and have the necessary security and safeguard measures in place to protect consumer credit data.

What does an on-site inspection check for?

A representative from the 3 National Credit Bureaus physically comes to your location to verify the following:

• There is a brick and mortar location, i.e. physical office location not a virtual office
• This is a permissible purpose business application that credit reports can be used for (tenant screening)
• A locking filing cabinet is on location to properly store all applications, credit reports and any other sensitive information
• A shredder is on location to properly destroy any credit report information that may have been printed out
• The computer that is used to order credit reports is password protected
• Verify the building is secure with locking doors and that office location is not in a shared space
• They will take pictures of the location and any marketing material that used to make sure that it coincides with your permissible purpose

On-Site Inspection Costs

For Business in a commercial location, there is a ONE time $75 On-Site Inspection Fee

For Residential Users, the credit bureaus require an On-Site Inspection to be completed on an annual basis. The fee is $75 for the first year, and charged accordingly in the upcoming years.

An On-Site Inspection will be scheduled within 48 hours when your application is recieved. The On-Site will be scheduled at a convenient time for you and the inspector.

The On-Site Inspection takes less than 30 Minutes to be performed.