Student loan delinquencies among renters doubled in early 2025, prompting property managers to update screening processes, per TransUnion.

TransUnion suggests that property managers should enhance their screening procedures amid rising concerns of tenant viability. In a recent report, the company emphasized the urgency for this update. The report highlighted that incorporating comprehensive background checks can significantly reduce risks associated with leasing properties. By analyzing data from over 500,000 rental applications, TransUnion revealed that properties utilizing thorough screening processes experienced a 15% decrease in eviction rates. This indicates the potential benefits of leveraging stringent screening methods to mitigate financial losses and ensure the selection of responsible tenants.