Property owners often face a difficult decision: should they report an eviction? Is going through the reporting process worth the trouble? Especially after they’ve battled to recover unpaid rent and fees? Many landlords opt to avoid contacting the four major credit bureaus. Often, that’s because of time constraints. Sometime, landlords […]
Part Two: Reporting Tenants to the Credit Bureaus
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 […]
Reporting Evictions: Are There Long-Term Effects?
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 […]
The importance of reporting evictions
If you’re a property manager or owner, you probably know…one of your biggest frustrations is a resident who doesn’t pay their rent. Sometimes they’re just late, sometimes they skip out on their lease. And sometimes you end up filing for and reporting evictions. Regardless of the outcome, the longer it […]