Landlords Join Forces to Collect Rent on Time with Monthly Credit Reporting and Rent Monitoring

Monthly reporting is the preferred way to induce monthly payments. Why? Constant surveillance. During a typical year your tenant may apply for credit 3 times. Waiting until the end of the lease to report allows too much leeway. All major creditors, banks, retailers and over 1,392,000 businesses nationwide report monthly. Many of these Fortune 500 companies make billions annually, yet they will report a $5 debt as fast as a $500 car payment. When money gets tight, your tenant will pay the creditors that report on a monthly basis first. Your rent is the highest monthly payment your tenant has. So, report monthly and get first in line to get paid.