2.0PropTx Verify 2.0 arrives January 7, 2027. See what is coming.
Start (opens in new tab)
Report section · Credit Summary

Credit from the bureau, not from the applicant

A soft credit check runs from the application, with no impact on the applicant's score, and returns a full credit report. You see the score and its band, potential positives and negatives, debts by type and every trade-line, laid out on two pages.

Get Started (opens in new tab)See it in the sample report

What you see in the report

Pages six and seven of every report, in three parts. Point at a note to find it in the drawing. For credit in general, see the credit guides.

  1. 01 Potential Positives / Potential Negatives

    The report's own first read of the file, counted and listed. Here, one positive (Good Credit Score) and no negatives. Start here, then check the detail underneath.

  2. 02 Credit Score

    The score on the 300 to 900 scale, placed on its band: Low, Fair from 500, Good from 650, Great from 700, Excellent from 850. It's one number; the debts and trade-lines below are what it's made of.

  3. 03 Credit Check Errors / Credit Check Warnings

    Whether the check came back cleanly. None and No are what you want to see; anything else is worth reading before you rely on the rest of the section.

  4. 04 Addresses

    The addresses the credit file holds for the applicant, with city, province, country and postal code. Set them beside the address history on page five. They should tell the same story.

  1. 05 Four kinds of debt

    Revolving Credit (cards and lines of credit), Other Credit, Automobile Loans and Other Debts, each with the same seven lines. Total Balance against Max Limit shows what's owed against what's available.

  2. 06 % of Credit Used

    The balance as a share of the limit. Cards carried near their limit leave little room when something goes wrong; a low figure means room to spare.

  3. 07 Past Due Amount

    Money owed that is already late. $0.00 across all four kinds of debt is the figure to expect from a file in good standing.

  4. 08 Late Payments 30/60/90

    Three counts: payments that ran 30, 60 and 90 days late. 1/0/0 means one payment was 30 days late and none went further.

  5. 09 Monthly Payments

    What the applicant pays each month on each kind of debt, with the Number of Loans behind it. Add the four together and set the total beside the rent and the income on page two.

  1. 10 Credit Grantor

    Who the account is with, and its Account Type: Revolving, Installment or Open. Every account on the file gets its own line.

  2. 11 Payment Status

    How the account is being paid, with the Date Opened and the Date Reported beneath. Paid as agreed on every line is a clean history.

  3. 12 R Code

    The rating on the account: a letter for its type (R revolving, I instalment, O open) and a number for how it's paid, where 1 means paid as agreed. Higher numbers mean later payments.

  4. 13 Narratives

    The file's short note on the account, such as Monthly payments, Line of credit or Transferred, with the Months Reviewed. Long histories tell you more than accounts opened last month.

How it works

  1. The check runs from the application

    The applicant fills in their application, and the credit check runs from the details in it. There's no separate credit step for them.

    Applicant's Information

    First Name
    Tim
    Last Name
    Brook
    Date of Birth
    1st-March-1995
    SSN / SIN
    642-***-***

  2. The credit bureau returns the full file

    It's a soft inquiry, so the applicant's score isn't affected. The score comes back placed on its band, with the debts, addresses and trade-lines behind it. Pages six and seven lay the file out field by field.

    Credit Score

    Great

    778

    • 300

    • 500

    • 650

    • Great

      700

    • 850+

  3. The results reach page one

    The credit score sits on page one, out of 900, beside the PropTx Score, which is a summary based on credit and background check results.

    Page 1 of 7

    PropTx Score
    97 / 100

    Summary based on credit & background check results

    Credit Score
    778 / 900

    Sourced from

What it catches

A credit report the applicant hands you can be edited. One that comes from the check shows what the file holds.

  • A credit report that was made or edited

    The credit section comes from the check, not from a PDF the applicant sends, so there is no document to alter. Documents an applicant uploads instead go through fraud detection, and the report carries a lower PropTx Score.

    In the reportCredit Summary

  • Debts already overdue

    Any amount that is late right now shows against its kind of debt, so an overdue car loan or card can't hide inside a good score.

    In the reportPast Due Amount

  • A history of paying late

    Payments that ran 30, 60 or 90 days late are counted for each kind of debt, and each account carries its own rating.

    In the reportLate Payments 30/60/90 · R Code

  • Credit stretched to the limit

    Balances close to the limit leave little room for rent when money is tight. The share used is printed for each kind of debt and each account.

    In the report% of Credit Used

  • Addresses that don't match the application

    The addresses on the credit file sit on the same report as the address history the applicant gave, so a missing or unexplained address stands out.

    In the reportAddresses

  • Debt payments that crowd the rent

    Monthly payments on every kind of debt are listed, so you can see what is already committed each month before rent comes out.

    In the reportMonthly Payments · Number of Loans

FAQ

Questions about credit

  1. No. It's a soft check: a soft inquiry that returns a full credit report and has no impact on the applicant's credit score.

  2. From the credit check, which runs from the application. It isn't a report the applicant downloads and sends you, so there's no document for them to edit.

  3. 300 to 900. The report marks five bands: Low, Fair from 500, Good from 650, Great from 700 and Excellent from 850. The same score shows on page one, out of 900.

  4. The PropTx Score on page one is a summary based on credit and background check results. The credit score sits beside it on the same page.

  5. Not on its own. Late Payments 30/60/90 counts how many payments ran 30, 60 or 90 days late, so a single 30-day late reads very differently from several at 90. Read it with the rest of the report; the decision stays with you.

  6. Then this section has little to show. A missing credit history isn't the same as bad credit, so weigh the income, employment and landlord reference sections, which don't depend on one.

More of the report

All features

A full credit report on every application

Start a screening, or book a walkthrough of the full report.

Get StartedSee Pricing