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08-20-2008, 12:00 PM
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Location: NYC
540 posts, read 852,562 times
Reputation: 349
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It doesn't cost them $50 either. Most landlords or anyone who has to run credit checks regularly pay a flat rate for a certain time frame for an unlimited amount of credit checks.
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08-20-2008, 12:10 PM
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8,203 posts, read 9,199,481 times
Reputation: 2226
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thanks, you explained it better than others have in the past
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08-20-2008, 09:40 PM
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3,225 posts, read 4,130,945 times
Reputation: 821
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Hi rlrl, in this and other threads you've expressed concerns about several issues. Today in another thread you speculated on whether your post was up to par, etc.
Just know that most of us, your fellow posters, are hear to discuss issues such as those that you raise and that most of us are glad to be of assistance.
Just shoot the question, and we'll try to respond as best we know.
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08-21-2008, 08:25 PM
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Location: Greenville Cty, SC
32 posts, read 101,081 times
Reputation: 24
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Quote:
Originally Posted by CarlaB
If I am not mistaken, the landlord does have to pay the fee to the credit bureau to run credit on you, whether or not it's $50 is probably up to the different company but I did recall there's fee involved.
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Yes the LL does have to pay for a credit report and cannot do it without the written consent. This fee is usually passed of to the applicant. I personally don't pass it on and just eat the cost myself. The credit is very important when you are turning over your property to someone. It costs so much to get new tenants in so you want someone that can pay the rent (and on time) and someone that doesn't have prior evictions, etc. 
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