Apartment seekers can now apply for their dream apartment completely digitally. For property managers, this leads to an accelerated rental process while reducing the risk of default drastically.
CreditTrust, the digital alternative to the public debt record, is now available through the housing application platforms, emonitor and aroov.
Property management companies are well aware of the shortcomings of the public debt record:
- Public debt records take time to be obtained, therefore delaying the rental process
- Public debt records are based on local data and do not reflect any previous debt contracted in former places of residence
- Public debt records may be forged rather easily and verifying their authenticity is cumbersome
Certifaction, in cooperation with CRIF and Intrum, has tackled this problem by creating CreditTrust, the digital alternative to the public debt record. Within minutes, an applicant can order a CreditTrust certificate, which is tamper-proof, based on national data, and can be used for multiple rental applications.
Thanks to the integration of CreditTrust in the emonitor and aroov rental application platforms, the applicant can apply for apartments completely digitally, without going through the trouble of needing to visit the public debt record authorities. The applicant receives their certificate via email and can reuse it for further rental applications. A CreditTrust certificate can be bought by the applicant for 19.50 CHF, no costs occur for property managers.