Some tenants seem to forget that their rent is due every month.
It requires a few phone calls, letters and possibly even a visit in order to collect the rent. This is a frustrating situation that Property Practitioners, Managing Agents and Landlords face every month.
Even more frustrating is the fact that the tenants seem to believe that it is not important when the rent is paid, as long as they eventually pay it.
This is where TPN Credit Bureau helps.
By updating the tenants accounts payment history timeously, on TPN, can be used as a tool educate the tenant that their overdue rent payment is having a negative effect on their credit record and could decrease their ability to obtain credit or future rental in the market place.