Realize the power of rental payment data

Help your residents realize the power of rental payment data by reporting their rent payments to the four credit bureaus. Here’s how it works, and why your best option for a credit reporting service partner is Datalinx.

Datalinx rental payment specialists

Property owners and managers can help residents of almost any age build their credit history. Not only does it help those just starting out by helping them establish a credit profile, but it also helps those more established by increasing their purchasing power.

Additionally, reporting rentals gives you another tool to help reduce delinquencies and recover bad debt. Reporting rent payments to the four major credit bureaus truly is a win-win. It benefits both property owners and their residents.

Why Datalinx?

You need to make certain you are working with an accredited credit reporting agency. There is a rigorous verification procedure essential to achieve this standing, as each credit bureau has its own needs. In our case, it required over half a year of assessing and approvals with every one of the top four credit bureaus.

We did this largely by maintaining and implementing incredibly rigorous standards in regards to privacy and security. We hold up the high standards set and required by credit bureaus to allow us to report renters’ payments. On your end, you’ll want to go through a couple of verification steps too.

How rental reporting works

We ask potential Datalinx clients to extend the necessary information to ensure that their identities are accurate (and not stolen). We have to verify that payments are made to valid landlords. Additionally, that’s why we require a response to the credit bureaus’ confirmation questions. It’s a quick and painless process, designed to verify the accuracy and facts essential to document your payments correctly.

Once we have verified your identity, we make things easier for you by reporting your rent to the credit bureaus. We are among the first to do this and stay among the very few online rent-reporting businesses who can.

And best, of all, you can relax knowing that your private information is safe and secure. You’re also getting credit for paying your monthly lease on time. Report rent payments, it makes a BIG difference — on your credit score.

For additional information or to learn more about reporting rental payment data, please call us at (425) 780-4530 or email us at support@datalinxllc.com.