Fraud is running rampant. In fact, more than 1 out of every 10 applicants is applying with fake or altered documents, and when these applicants make their way into your property, more than 50% contribute to avoidable bad debt. Beyond fraud detection and prevention, the process of verifying income can be tedious for leasing staff – and prone to error. More than 25% of manual income calculations are done incorrectly – which can result in inaccurate qualification determinations.
PredictScreen offers access to the most advanced document fraud detection service. But fraud detection is just the start. We are the only system that can electronically read earnings statements. Our software can quickly and accurately read important details like employer name, employee name, gross pay, net pay, and pay dates – which allows for not only accurate income calculations, but verification that the documents belong to your applicant, are current, consecutive and satisfy your lookback requirement.