Real Estate

Reporting to credit bureau

  • Last Updated:
  • Dec 2nd, 2019 12:31 am
[OP]
Deal Addict
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Dec 13, 2016
3694 posts
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Reporting to credit bureau

I never see this discussed here. How to lanords report non payments/late payments to transunion/equifax?
1 reply
Deal Addict
Mar 20, 2017
1303 posts
1083 upvotes
If you have a merchant account with Equifax or if you are a big boy (100+ tenants), you can do it directly. Otherwise, only through collection agency that has such account.
There are growing services mostly cooperated with TVS that accept bad tenant reporting as well, someday it may be fully integrated with Equifax.

For such reporting in collection agency, record must be identifiable. I.E. you better have tenant's report when you screened him. If tenant provided his own copy of report, be ready to find out that it was fake.

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