Giving customers the option of an extended line of credit to cover their purchases of goods and services is important for several reasons. First of all, it can increase your company’s customer base. Credit allows those people who could not normally afford their purchases to make small payments or pay […]
HOA-USA, Datalinx, LLC announce corporate partnership
October 5, 2018 By Leave a Comment
BOTHELL, Wash., (Sept. 24, 2018) – Executives from Datalinx, LLC, and HOA-USA have today announced a corporate partnership designed to assist leasing agents and homeowners’ associations with the collection of fees. “It’s an exciting partnership for us,” said Matthew Genaway, Vice President of Marketing and Partner Accounts at HOA-USA. “We […]
Part Two: Reporting Tenants to the Credit Bureaus
September 18, 2018 By Leave a Comment
Do you know how to go about reporting tenants’ payment histories to the four credit bureaus? As a property manager, adding this knowledge to your arsenal helps you educate past-due customers as to the long-term effects of their payment behaviors. It also helps you prepare new tenants with the consequences […]
Part One: Reporting Tenants to the Credit Bureaus
September 17, 2018 By Leave a Comment
An unfortunate reality of property management is the inevitability of dealing with slow-pay and no-pay tenants. Even though a tenant may pass your initial creditworthiness processes at application time, it’s impossible to predict if circumstances or intentions will change and the tenant will become a problem payor. When that happens, […]
The Benefits of Reporting HOA Dues & Payment Histories to the Credit Bureaus
September 11, 2018 By Leave a Comment
Most homeowners understand the consequences of late or missed mortgage payments. They especially understand the potential damage to their credit reports. Paying HOA dues on time is just as important, though. Unfortunately, some owners don’t prioritize paying HOA dues as they do mortgages or car payments. Specifically, most believe HOA […]