The $25 screening fee covers the cost of Naborly’s identity, employment, and income verification and credit pull from Equifax. It covers the processing of one person’s application and information. For example, if there are two co-applicants (ie. husband and wife) applying for a property, the fee would be $50 total. The $25 fee also covers the Naborly Passport membership which enables tenants to build credit with their rent payments, and allows landlords to compliantly furnish credit data to credit bureaus.
Customers are charged in the currency respective to the rental property location. Therefore, if the rental property is in Canada, the customer will be charged in CAD, and if the rental property is in the U.S., the customer will be charged in USD.
This payment goes to Naborly and is not paid to the landlord directly.