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, […]
Reporting Evictions: Are There Long-Term Effects?
August 31, 2018 By Leave a Comment
Have you ever considered reporting evictions to the four major credit bureaus? It’s not as difficult as you think, especially with the help of a credit reporting service. But first, it’s important to understand the credit-related effects of reporting evictions. One of the questions consumers are most curious about is […]
Find Out Which Bills Affect Your Credit Rating
January 25, 2018 By Leave a Comment
Here’s the facts about your credit rating: Everything you don’t know can hurt it, and there’s some confusion about what can cause the pain. A 2015 TransUnion survey asked consumers whether they thought that a few common bills are frequently reported to the major credit reporting agencies: Experion, Equifax and/or […]
Tips for success in court with your eviction case:
September 20, 2017 By Leave a Comment
Sometimes the little things make a big difference. If you find yourself having to go to court over an eviction, these four little tips can give your case an edge in a big way. 1. Give yourself plenty of time Arrive at least 15 minutes before your hearing is supposed […]