application fee (by rick geissler [WI]) Aug 17, 2012 12:45 PM
application fee (by OPM [OR]) Aug 17, 2012 3:28 PM
application fee (by Sue [WI]) Aug 17, 2012 7:49 PM
application fee (by rick geissler [WI]) Posted on: Aug 17, 2012 12:45 PM Message:
State Specific Question About: WISCONSIN (WI)
can I charge an application fee unrelated to a credit check???? --99.149.xxx.xx |
application fee (by OPM [OR]) Posted on: Aug 17, 2012 3:28 PM Message:
Hi Rick
Well the WI statute may addres it.. good idea to learn those
Or your app may address it.. or it should
Typically the fee covers the customary costs.. to screen each applicant.. and can inclued costs like travel or time... in addition to the cost of the type of report you choose
Remember your giving them something worth hundreds of thousands if it is a house --207.200.xxx.xx |
application fee (by Sue [WI]) Posted on: Aug 17, 2012 7:49 PM Message:
As a WI rental property owner, I can tell you that you can only change the actual cost of the credit report and it can't exceed $20. Plus, you must give the tenant a copy of the report and it must come from a national reporting agencies. This does not allow landlords to charge tenants for credit reports from credit information "resellers." Also, you have to accept one that the applicant has run on him/herself in the last 30 days. --99.101.xxx.xxx |
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