Report Tenants to Credit BureauPositive and Negative Tenant History
The Landlord Protection Agency empowers members to report former and current tenant payment history, habits and behavior to national credit bureaus and our tenant reporting database. All consumer reporting is done in strict compliance with Fair Credit Reporting Act (FCRA) guidelines.
The law requires that consumers are notified before or no later than 30 days after you post a derogatory report on them to a Credit Reporting Agency. The general language of the notification may be as follows: "You are hereby notified that a negative posting may be added to your credit report record in the event you fail to fulfill the terms of your credit or rental obligations." We recommend sending your former tenant The LPA collection letter, the Credit Reporting Disclosure Notice! Note: All The LPA's forms are free with a Landlord Protection Agency membership!
Option #1:   Credit Bureau Bad Debt Posting - Landlord Collection Agency. Bad debt / collection agency posting impacts tenant's credit record and creates incentive for the debt of back rent or damages to be paid.
In addition to credit posting, we recommend sending your former tenant The LPA collection letter, the Credit Reporting Disclosure Notice! 1 Posting FREE with 1 year Membership of The Landlord Protection Agency, then only $9.99 per posting.
3 Postings FREE per member year with a 5 year membership (15 free postings), then only $9.99 per posting.
We do not take a percentage. You keep 100% of any money collected from your former tenant!
FAQs
Option #2: National Tenant Rating Bureau / Deadbeat Database
Report positive or negative information on tenants to The LPA's nationwide tenant reporting database. Detailed reporting, includes Payment History, Back Rent and Damages, Property Condition when returned, and more. All consumer reporting is done in strict compliance with Fair Credit Reporting Act (FCRA) guidelines. (Unlimited Posting FREE for Members of The LPA)

Option #3: ClearNow Electronic Automated Monthly Rent Collection (Help Tenants Build Credit while getting paid electronically!) Once enrolled with ClearNow®, your Tenants may opt-in to report rent payments to Experian RentBureau!
Electronic Monthly Rent Collection

Experian Provides Renters Opportunity to Build Credit with ClearNow®
As a visitor from The Landlord Protection Agency®, you will receive your first 2 months FREE!
Click here to get started with ClearNow
9/15/2015 ClearNow Testimonial: "Looked into the online payment company you recommended. It is so inexpensive, I don't know why anyone wouldn't do it. It costs $14.95 for the first tenant/rental and each one thereafter is $2 per rental. Other systems wanted to eat up all my profit. I was surprised to find how inexpensive this is. I'm signing up.
Thanks for the information." - Steve T., LPA Member
|