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.
You can learn more about the benefits of Naborly to Property Owners and Landlords here.
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. Note this payment goes to Naborly and is not paid to the landlord directly.
If the Landlord pays the $25 screening fee, the applicant can subscribe to an annual Naborly Passport Membership (we ask for their CC details if that's the case) or they can simply proceed with the application you've paid for.
- If the Applicant chooses "Naborly Passport Membership", they will be entitled to unlimited application sharing and credit builder benefits for a full year for free (covered by you), and they will not be charged until the following year.
- If the applicant chooses "Single-Use Application", they will not be entitled to the benefits of Naborly Passport.
If the applicant pays the $25 screening fee, they can subscribe to an annual Naborly Passport Membership or they can simply proceed with the application.
In either cases, we will ask for their CC details: