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Showing posts from April, 2022

Background Check - ApproveShield

The hard reality is that some apartment prospects will never pass a background check. But that doesn’t mean they will stop trying.   More than ever, prospects unequipped to pass a background check on honest terms are trying to circumvent the system. The result has been a significant rise in the use of fake or stolen Social Security numbers (SSN) and fake paystubs, as unqualified prospects try to slip their way through the doors. Apartment operators are clamoring to counter the escalating trend by educating their teams on the potential warning signs and implementing tech tools that can help diagnose fraudulent activity on applications. While fake or altered Social Security numbers can be tricky for fraud offenders to utilize in the long-term because they are a government-issued entity, fake paystubs can be easier to get away with. Searching online for “Fake Paystubs” brings an unsettling scene. Several websites will promise fake stubs within minutes. While maybe not as e

Tenant Scams - ApproveShield

    A number of tenant scams happen regularly, victimizing landlords who do not have effective procedures in place for screening renters, collecting rents, and writing the right contract. These scams can pose a great risk to the business. 1. False Prior Rental Verifications The most common tenant scam we find is false prior rental verifications. Someone will answer the phone as the landlord of a property they either did not live in or was not really the actual landlord of the property they live in. We at Approveshield will verify rental history using proven methods that minimize chance of fraud 2. Tenants Doing Things to Reset the Eviction Process One of the most common tenant scams is when a tenant pays partial rent, perhaps $50 or $100, when they owe significantly more and are in the eviction process. By accepting their payment you are resetting the clock on the eviction and you’re being forced to start the entire eviction from scratch. Another scam is when former tenants who have be