How is bank-based income verification different from Snappt's document scanning?

Snappt asks applicants to upload pay stubs and tax documents, then runs AI analysis to detect forgeries. Income Checker connects to the applicant's bank via Plaid and analyzes 3-6 months of actual deposit data. The bank data is tamper-proof—the applicant can't edit what their bank reports.

Is Income Checker a Consumer Reporting Agency like Snappt?

No. Income Checker is not a CRA and is not FCRA-regulated. We provide transaction-based income analysis—informational only. Landlords using Snappt take on FCRA obligations including adverse action notices, dispute handling, and permissible purpose requirements.

Can Income Checker verify self-employed and gig worker applicants?

This is where Income Checker has a clear advantage. We analyze actual bank deposits, so freelancers, contractors, Uber drivers, and business owners are verified the same way as W-2 employees. Snappt's document approach struggles when applicants don't have standard pay stubs.

How much does Income Checker cost compared to Snappt?

Income Checker: $14.99 per verification, or $59/month for 10. Snappt: custom enterprise pricing, typically $500-1,000+ per month. For a landlord verifying 3-5 applicants monthly, that's roughly $45-75 vs. $500+.

Does Income Checker pull applicant credit?

No. We connect to bank accounts through Plaid using read-only, applicant-authorized access. No credit inquiry, no impact on the applicant's credit score. Bank credentials are never stored—Plaid tokenizes access and we delete tokens after generating the report.

What about applicant data security?

Bank credentials are never stored. Plaid tokenizes access and we delete tokens immediately after analysis. AES-256 encryption at rest, TLS 1.3 in transit. We support GDPR data export and one-click deletion. Account numbers are masked (last 4 only).

Income Checker vs. Snappt

Why scan documents for fraud when you can skip documents entirely?

Snappt asks applicants to upload pay stubs, then uses AI to check if those documents are forged. Income Checker takes a different approach: applicants connect their bank account, and we pull deposit data directly. No documents means nothing to forge. For landlords who want reliable tenant income verification without FCRA compliance headaches, the choice comes down to how you want to handle fraud risk.

Why Income Checker Wins

Eliminate Fraud at the Source

Snappt catches 99.8% of forged documents. Income Checker makes document fraud irrelevant—bank transaction data comes straight from the financial institution, not from a file the applicant controls.

No FCRA Compliance Burden

Snappt is a Consumer Reporting Agency. That means adverse action notices, dispute procedures, and legal liability for landlords. Income Checker provides transaction-based income analysis only—zero regulatory overhead.

$14.99 vs. $500+/month

Snappt requires enterprise contracts with $500-1,000+ monthly minimums. Income Checker charges $14.99 per verification. A landlord running 5 checks per month saves over $400.

Feature Comparison

Feature	Income Checker	Snappt
Data Source	Bank transactions (Plaid)	Uploaded pay stubs & documents
Fraud Risk	Eliminated (no documents)	99.8% detection of forgeries
FCRA Status	Not a CRA	Consumer Reporting Agency
Time to Results	Under 60 seconds	2-24 hours (document review)
Self-Employed Applicants	Full deposit history visible	Struggles without standard pay stubs
Compliance for Landlords	None required	Full FCRA compliance
Best For	Landlords (1-10 properties)	Enterprise PM companies
Starting Price	$14.99/verification	$500+/month (custom enterprise)

Frequently Asked Questions

Verify Tenant Income from Bank Data, Not Documents

Reports ready in under 60 seconds. $14.99 per verification. No FCRA liability.

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