Snappt Reviews

Snappt Description

Some applicants are falsifying financial documents such as bank statements and paychecks to submit their applications. One in eight (12%) rental applications is fraudulent. Application fraud has risen dramatically since digitization of rental application processes. Applicant fraud has been a major problem for property managers in the past year. This accounts for 25% of all evictions. This is a costly problem that can cost $7,500 per eviction. Evictions can be avoided by screening tenant applications thoroughly. However, it is easier than ever for tenants, such as bank statements and pay stubs, to alter documentation to fraudulently qualify for units. Snappt flags fake documents, which helps properties reduce the cost of evictions. Advanced data-driven forensics methods can help you detect more fraudulent documents. Streamline the application process and screening process to make informed decisions quickly.