Sperlonga begins reporting Homeowner and Condominium Association (HOA) Assessment Payment Data to Equifax

Sperlonga Data & Analytics, a data aggregation business for non-standard credit data sources, begins reporting homeowner and condominium association (HOA) payment and account status data to Equifax Inc., a leading provider of information solutions and global insights.  For associations that sign up, Sperlonga will report HOA assessment payment data for each property owner within an association every month regardless of the payment frequency of the assessment. The HOA trade line will appear on consumer credit reports in relatively the same format as other credit and debt obligations that appear on consumer credit reports. Adding this segment of homeowner data to a consumer credit file could contribute toward enhancing a property owner’s credit profile and access to credit.    Read the article……………


Related Articles

Condo association not required to clear snow off residents’ cars

Q. We are a small one-building condominium association. Some of our residents use their garages for storing their personal property,

Battle over Grandview condo’s board (NY)

As unit owners of the fire-destroyed Grandview Palace Condominiums anxiously await a resolution to a lawsuit challenging a $30 million

11 West Valley (AZ) HOA rules that may turn heads

Photographs of HOA’s with comments about certain rules:   The West Valley has more than 425 homeowners associations. Many have