Bad Debt Credit Bureau Reporting
Credit reports are maintained and sold by credit reporting agencies: TransUnion, Equifax, and Experian. The credit report contains information about debts and credit payment history as well as inquiries made during application for retail credit, insurance, employment and leases. Judgments, liens and bankruptcies are also included. Reporting to the credit bureaus is usually the first step taken in recovering bad debt. Many credit agencies can provide property managers with credit reports but not all can report bad debt.
Landlord2Landlord, LLC (L2L) is a credit-reporting agency that provides our members the ability to report ex-resident’s bad debts to all three major Credit Bureaus even if members receive credit reports from one agency. Available throughout the United States, L2L’s credit reporting services use Internet-based information technology to enhance the credit reporting process. L2L provides members with credit reporting templates that are easy to use for reporting past rental history to other Landlord2Landlord members and bad debts to the credit bureaus. Using Landlord2Landlord credit-reporting services ensures your accounts stay active while in pursuit of collecting your money and staying in compliance with the Fair Credit Reporting Act (FCRA) rules and regulations. Highly trained industry experts assist you with reporting your bad debt collection to Equifax, Experian, and TransUnion.
Landlord2Landlord has an 18-year history of delivering to property owners, property management companies, and apartment complexes accurate, timely and secure resident screening reports. L2L employs powerful, browser-based platforms that continue to set the standard in the industry. Thousands of satisfied members nationwide make Landlord2Landlord the industry’s most dependable and trusted credit reporting service provider. Superior customer service and advanced technologies drive L2L’s solid growth.
To learn more contactus@Landlord2Landlord.com