Who is accountable for managing and protecting the U.S. consumer credit system? This was the focus of the U.S. House Committee on Financial Services when they had the opportunity to question the CEOs of the three largest credit bureaus in the country – Equifax, TransUnion, and Experian. The purpose of this committee hearing was to
Since 1998, employment laws seeking to “ban the box” asking about a job applicant’s criminal history have spread throughout the U.S. With “ban the box” employment regulations affecting private employers across 16 states (plus D.C.), it is unlikely that this criminal record legislative trend will go away anytime soon. If you are a private employer,
Unfortunately, evictions are a costly risk when owning or managing a rental property. While some tenants vacate after a simple eviction notice, others require your local courts and the aid of the sheriff’s department. Regardless of the situation you have with your troublesome tenants, take some time to review everything you need to know about
Any time you use a consumer credit report to decide whether to accept a rental applicant or renew a lease with a current tenant, the Fair Credit Reporting Act (FCRA) legally requires you to take some important steps to remain in compliance with the law. From credit freezing laws and procedures to adverse action notice
CIC has released a criminal, eviction, and credit report for September through December, 2018. Highlighting the number of rental applicants that have criminal and eviction records on their tenant background checks, as well as the average FICO credit score, CIC’s quarterly data analysis shows that the applicants that are applying to your rental properties have
2018’s proposed multifamily and rental housing legislation left the industry relatively unscathed by the end of the year. Despite a few challenges, things are looking up. As we see what 2019 has in store for new laws affecting rental properties, owners, and property management companies, make sure you are in compliance with these notable 2018
As you start creating your property management to-do list for when you’re on your much needed holiday break, don’t let these five tasks slip your mind. From office closure notices to vendor and owner payments, here are a few essential property management tasks you should do before the holidays. 1. Send out office closure or
You know how the saying goes – ‘new year, new me.’ Whether you already have a couple ideas on what your 2019 work goals are going to be or are considering winging it, take some inspiration from these New Year resolutions for property management and make 2019 your time to shine. Enhance your Property Management
As the holiday season gets closer and closer, you might be wondering what you should get your co-workers or the property manager in your life. Whether you’re work besties or formidable rivals with some of your fellow teammates, the holidays are a great time to show appreciation to some and rise higher on the office-favorites
As you rush to get last-minute gifts, dinner preparations and flights home for the holidays, squeeze in some time to protect yourself from hungry identity thieves and hackers. With credit monitoring, credit security freezes, and some good ol’ fashioned financial awareness, you can minimize damages even if your identity thief is sitting right next to