ChoicePoint[R] launches online resident screening service. (What's New on the Marketplace).ChoicePoint announces RenterData, a new comprehensive online information service for residential leasing agents. Backed by a nationwide, proprietary database of evictions and a unique contributory con·trib·u·to·ry adj. 1. Of, relating to, or involving contribution. 2. Helping to bring about a result. 3. Subject to an impost or levy. n. pl. database of rental histories, RenterData enables the apartment industry to improve leasing decisions and helps maximize profits. Created to meet the needs of the apartment industry, RenterData offers a fast, cost-effective and federal Fair Credit Reporting Act The Fair Credit Reporting Act (FCRA) is legislation embodied in title VI of the Consumer Credit Protection Act (15 U.S.C.A. § 1681 et seq. [1968]), which was enacted by Congress in 1970 to ensure that reporting activities relating to various consumer transactions are conducted in a (FCRA FCRA Fair Credit Reporting Act (US) FCRA Foreign Contribution Regulation Act FCRA Federal Credit Reform Act FCRA Florida Civil Rights Act FCRA Florida Court Reporters Association FCRA Fabric Care Research Association )-compliant way of accessing crucial point-of-lease information regarding potential renters including credit profiles, returned check histories, past evictions and criminal backgrounds. The RenterData Eviction The removal of a tenant from possession of premises in which he or she resides or has a property interest done by a landlord either by reentry upon the premises or through a court action. Database was developed in response to the millions of dollars in unpaid rent and damages that evictions cost the apartment industry every year. This proprietary database contains comprehensive prior eviction history for every metropolitan statistical area, which covers 75 percent of the U.S. population. The RenterData Database delivers a method for collecting information about a resident's rental obligation performance. This contributory database is the industry's first automated au·to·mate v. au·to·mat·ed, au·to·mat·ing, au·to·mates v.tr. 1. To convert to automatic operation: automate a factory. 2. system, allowing information to be shared industry-wide and providing a central location for critical historical renter performance data. |
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