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Home Business Credit Reports Residential Credit Reports Combined Reports Commercial Intelliscore Commercial Fraud Insite Rental History Credit Reporting Electronic Rent Collection Pricing |
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Research shows that tenants that are reported monthly to the credit bureau are less likely to pay late or default on their lease. Over 19 million businesses report to Experian monthly to encourage timely payments.
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For $5.95 a month we will monitor rent payments, and report credit monthly to Experian. You may report rental payments on the client's business report, or choose to report the individual if they are personally guaranteeing the lease. Both you and your tenant will receive monthly calls, or emails, to verify timely rent payments. If the rent is paid on time, the tenant receives a positive credit rating for the month, and this helps build positive business and/or personal credit histories. If the landlord informs the association that the rent was not paid on time, the tenant receives a call from the association informing them that they owe late fees and the rent is overdue. The tenant will be informed that the rent payment and late fees will be reported as delinquent to the credit bureau if not paid on time. It is a sensible tool for insuring your rent is paid on time while helping the tenant to build a positive business credit history.
Please call us at 1-800-352-3395, or email us at rentmonitoring@nail-usa.com for more information. |
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The National Association of Independent Landlords © 2008 |
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