Landlord Association
 


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.

 

 

 

 

 

 

 
   

Control Risk Like the Pros : Report Monthly

 

Monthly reporting is the preferred way to induce timely monthly payments. Why? Constant surveillance. During a typical year your tenant may apply for credit 3 times. Waiting till 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 you will be first in line to get paid.

 

Credit Reporting: a Workable Solution at a

Low Cost

NAIL provides landlords an easy way to use credit reporting to impose penalties for late rent and other monetary losses. This is the same system Sears, Visa , Amex, etc. use to induce timely monthly payments. NAIL does all the paper work and files the universal reporting form for you. Normally it cost around $1,000 a year to maintain a monthly reporting membership in the credit bureaus. But NAIL can provide this service at a low monthly fee.

 

 

 
   
 
 
Call us for more information at 1-800-352-3395, or sign up here for membership online.