Account Updates

Each year Trans Union, Equifax and Experian add additional requirements to individuals and companies that access credit information.  To make sure all of our clients stay in compliance with the new rules we audit client files each year.  If your file is missing information we will contact you to update your account.  Please make sure that you return any forms or documentation in a timely manner.  Files not in compliance may be suspended until they are updated.

Comments

Post a Comment

Popular posts from this blog

Eeny, Meeny, Miny, Moe

At Rental Services we work with lots of first time investment property owners.  Most have little or no experience when it comes to property management.  This leads to several mistakes that can cost a new property owner time and money. One of the most common mistakes that many new landlords make is not screening all of the residents that move into the rental property.  Just because one person makes enough money to pay the rent doesn’t mean you don’t need to screen the other occupants.  If you don’t check everyone I guarantee you will eventually have problems with registered sex offenders and convicted felons moving in as occupants. Another problem is using the wrong lease agreement or not using one at all.  Make sure you have the applicants sign a lease before they move-in.  Just like resident screening, make sure everyone who lives at the property and is over the age of eighteen signs the lease.  Many states have specific laws that govern the lease....
Read more

EEOC CRITICIZED FOR RECOMMENDATIONS

Guidelines put into effect in 2012 by the Equal Employment Opportunity Commission have recently come under heavy scrutiny in front of the House Subcommittee on Workforce Protections. The guidelines are supposed to safeguard employees from workplace discrimination, however, many argue that they are doing a great disservice to employers.   Not only has there been significant uncertainty about what is considered to be justified pre-employment screening, but employers are now caught between two bleak options. They either risk EEOC violations by thoroughly screening potential employees, or limit their screening and increase the risk for employing a criminal. Either may have devastating results for their company. Rep. Tim Walberg, R-Mich., has said that these guidelines not only hinder the employer but could have a negative impact on the overall community: “In certain occupations, a background check of prospective employees is critical to public safety.”   These concerns a...
Read more

Were Bending Over Backwards

Today I wanted to talk about flexibility in the screening industry. I see lots of companies that offer a one size fits all solution when it comes to background checks. At RSI we work hard to make sure we offer different screening options. More options translate to more flexibility when screening applicants. Make sure your screening company offers a way to customize criteria for different properties in your portfolio. Make sure you have a way to choose your own approval process for applicants. Decisions should based on your customized criteria provided by your screening company or make sure you can receive all the data to make your own in house decisions. You should also make sure your screening company has a seamless integration platform with multiple service partners. This provides you the flexibility you need to use different services and information providers. Finding the right screening company can streamline the screening process.
Read more