As part of our services for Resident Screening, we offer “Soft Pull” Credit Inquiries. Typically, when a company makes an inquiry on a consumer’s credit file, that inquiry is a “Hard Pull,” meaning that the inquiry itself will cause that consumer’s credit score to dip a few points. This happens because when a consumer is …
Happy New Year and welcome to the twenties! We are so grateful for your ongoing trust and support and are thrilled to share with you our 2020 vision for our residential screening program: Insight Reporting. Insight Reporting is Advanced Reporting’s new division, created specifically to serve the residential screening industry. For more than 25 years Advanced …
As per our previous blog, regarding several of the new laws going into effect on January 1, 2020, Insight Reporting is prepared to assist our customers with risk management regarding this new law. SB 484 Limits Managers and Landlords to charging an applicant across all of their properties to one screening fee per 60-day period. …
There are several laws going into effect January 1, 2020 that will affect the rental market. Here is a brief summary of what to expect: SB 262 Extends the sunset of property tax exemption for multi-housing units SB 484 Limits Landlord to charging one applicant screening fee per 60-day period SB 608 Rent Control / …
The Consumer Financial Protection Bureau brought suit against Sterling Infosystems earlier this year for failure to follow three key guidelines in the Fair Credit Reporting Act: Failure to employ reasonable procedures that ensured maximum accuracy of reported consumer information. Failure to to maintain procedures that ensured the public record information it was supplying was up …
Sterling Infosystems, Inc. pays $8.5 million in CFPB lawsuit Read More »
