Get Timely Rent or Assessment Payments with Credit Reporting

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Course Description

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How can you protect your property or association’s cash flow as interest rates soar, inflation increases, and pandemic financial programs come to an end? This course will cover how you can reduce delinquencies and increase on-time payments with credit reporting, while also helping your residents prepare themselves for better financial options.

By reporting payments and non-payments to the credit bureaus, you could influence consumer payment behavior by making rent or assessment payments a priority, just like how it is for mortgages, credit cards, auto and student loans.

Learning objectives:

  • Understand what credit reporting is and how it works
  • Discover how credit reporting influences payment behavior and makes your collection efforts more effective
  • Learn how to compute delinquency rate and manage it
  • Find out about other benefits of credit reporting for property managers, association managers, or landlords
  • Determine how to get started and what to look for in a credit reporting company

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