Datalinx has some good news. Virtually any small business or organization that extends credits to consumers can report this data to the four credit bureaus. Accept Experian, Equifax, Innovis and TransUnion Any information about your customers` or tenants` payments. Just set them up with the right information, software and formatting to get started. Electronic transmissions are a safe and secure method of notification. TransUnion requires that all data be transferred by the safest method, which is the electronic transmission of data. You need to update your Metro 2 software every quarter to get your ability to produce regular consumption reports. The standards that a company must meet in order to qualify as a data carrier differ from each credit bureau. If you are refused to become a member of a credit bureau, you may be accepted by another.
If your company does not have the number of accounts required to report them to a credit bureau, you may be able to report your accounts through a third party. TransUnion makes it easy for you to view the registration information and reporting obligations you need to successfully communicate the data to TransUnion and acquire the Metro 2 format. The following links contain valuable information about our transmission requirements and testing process, as well as useful recommendations for finding software providers for this process. If you are ready to take the next step, we have a dedicated team that will help you every step of the way. Just fill out the contact form on the right and our team will answer your questions about the data contribution process. Start today. If you own a small business and charge customers for their purchases over time or allow customers to make purchases on credit, you may want to consider becoming one or more credit bureaus. This way, you can make monthly payment reports on your debtors, which are displayed in their credit reports. To become a proof of data for a credit bureau, you must be a member of the credit bureau`s management reporting program. For information about Experian`s Business Data Reporting Program, please visit www.experian.com/datareportingbusiness By reporting your data to Equifax, you can reward your well-paid customers by further strengthening their credit file, while encouraging slow customers to pay in time to protect or improve their current credit score.