The Industry's First Consumer-Initiated "Portable" Tenant Screening Resource

Online, December 18, 2009 (Newswire.com) - SEATTLE - October 1, 2009 - Moco Incorporated announced the launch of their MyScreeningReport.com™ tenant screening website, enabling consumers to obtain their own comprehensive tenant screening report and to confirm the accuracy of the report before it is released to prospective landlords. MyScreeningReport.com™ was developed in response to:
· The need for a quality tenant screening product for independent rental owners(private landlords), who often lack access to the full range of tenant screening products available to larger owners and management companies.
· Low-income housing advocate desire for "portable" screening reports - to reduce the financial burden and negative impact associated with multiple inquiries on low-income and other hard to place individuals; and
· The need for greater transparency in consumer reporting.
Consumers are in Control of Their Own Information
Unlike traditional tenant screening models, MyScreeningReport.com™ allows consumers to order their own tenant screening report, review the report and release authenticated copies to the landlord or landlords of their choice.
Low income housing advocates report that under the traditional (landlord-initiated) tenant screening model, clients often pay multiple screening fees before finding a property that will accept them. In some instances, they spend so much on screening fees that they no longer have sufficient funds for a deposit.
With MyScreeningReport.com™, the consumer knows what is in their report before they apply. They can review their report with the landlord to determine whether they qualify under the landlord's criteria before paying application fees or holding deposits. This saves time, money and frustration for landlords and consumers.
Independent Rental Owners Benefit with MyScreeningReport.com™
Under the traditional screening model, landlords as end-users under the Fair Credit Reporting Act (FCRA), must go through an extensive credentialing process prior to ordering and receiving tenant screening reports. The process is expensive, time consuming and often impractical for private landlords. MyScreeningReport.com™ solves this problem by putting the consumer in control - by giving them the tools necessary to order, review and then share authenticated copies of their report with the landlord or landlords of their choice.
MyScreeningReport.com's™ tenant screening reports include a consumer credit report, SSN verification, comprehensive criminal search, eviction search, national sex offender registry search and an OFAC (federal terrorism database) search. Employment verifications and rental references are also available. Report quality equals or exceeds that available to large owners and management companies.
MyScreeningReport.com™ expedites the leasing process by giving landlords everything they need when meeting with applicants. Screening fees are collected directly from the consumer - eliminating the hassle associated with collecting and managing these funds. Visa®, MasterCard® and American Express® credit and debit cards are accepted.
MyScreeningReport.com™ Delivers Needed Transparency
There is growing uneasiness among the general public and in legislatures about the impact of consumer reporting on those seeking rental housing, as well as employment. Under the traditional consumer reporting model, state and federal consumer reporting laws require that end-users (landlords) provide notice of adverse action to consumers any time adverse action is taken based on information in a consumer report. Such notice must include a summary of the consumer's rights under the FCRA. One such right is the right to a copy of the report. While the majority of landlords comply with this requirement, it is also true that some do not.
A common perception is that consumers are unfairly affected by unauthorized access or inaccurate information contained in screening reports. MyScreeningReport.com™ addresses this problem directly by first making reports available to consumers - giving them the opportunity to dispute the contents of the report and to control ultimate release to landlords.

MyScreeningReport.com™ is a service of Moco, Inc. Moco was founded in 1989 to provide owners and managers of apartment communities with custom residential screening services. Since then we have broadened our offering to include pre-employment screening services. Moco is known for quality and exceptional customer service. We are headquartered in Seattle, Washington. Moco provides screening services to property owners, managers and employers throughout the United States.

The names of actual companies and products mentioned herein may be the trademarks of their respective owners.

For more information, press only:
Paul A. Prudente, Vice President
(206) 505-5381
[email protected]

For more information on MyScreeningReport.com™:
http://www.MyScreeningReport.com