2008/03/05 10:21:34 AM admin Administrator Posts: 8

TPN holds a database of information profiling the behaviour of tenants in the rental industry. This information includes a history of where a tenant has rented, how much their rent was and who their rental agent or landlord was. It is important to have a look at the inception dates of the leases as this will help you establish how often the tenant moves between properties and the rental amount of the lease will help you determine a history of affordability. The lease information will also alert you to whom the tenant rented from and TPN members are welcome to phone each other to confirm tenancy and behaviour. TPN also includes negative and Rental Payment Profile (RPP) information – RPP indicates a payment behaviour trend. This information is updated monthly and includes whether the tenant paid their rent "on time & in full", "paid late", "only made a partial payment" or "did not pay at all". Through the TPN system, you have access to court, bank, insurance and retailer related credit information through both the Experian and TransUnion Credit Bureaux. Since Tenant Profile Network is a registered credit bureaux, all information stored on consumers by TPN is regulated by the National Credit Regulator through the National Credit Act of 2005.

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