Phase Two of the National Consumer Assistance Plan is Now in Effect

Phase Two of the credit bureau’s National Consumer Assistance Plan (NCAP) is now in effect!...

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New Credit Standards PHASE 2 is on the Horizon

On September 15th, 2017, the second phase of the National Consumer Assistance Plan (NCAP) will...

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Your Credit Reports have Changed as of July 1, 2017

The National Consumer Assistance Plan (NCAP) is now in effect! As of July 1, 2017, all new and...

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Credit Bureaus’ New Standards might Improve Renters’ Credit Score

With the credit bureaus’ new National Consumer Assistance Plan (NCAP) hot on our heels, it’s...

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3 Major Credit Bureaus will Remove Most Tax Liens and Civil Judgments

Experian®, Equifax®, and TransUnion® have announced that they will be enacting their National...

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September 15, 2017

Phase Two of the National Consumer Assistance Plan is Now in Effect

Phase Two of the credit bureau’s National Consumer Assistance Plan (NCAP) is now in effect! Experian®, Equifax®, and TransUnion® have been slowly rolling out the implementation of these standards in phases, with full implementation expected by March 2018, in the hopes to improve the quality of their public record data. Because of this, industries that depend on credit reports will see a significant change and the multifamily housing industry will need to be prepared.

NCAP’s Phase Two

While it is likely that the bureaus have already implemented parts of these new requirements prior to the...

August 03, 2017

New Credit Standards PHASE 2 is on the Horizon

On September 15th, 2017, the second phase of the National Consumer Assistance Plan (NCAP) will go into effect, and while you might be reeling from the first phase, it’s important to know what...

July 05, 2017

Your Credit Reports have Changed as of July 1, 2017

The National Consumer Assistance Plan (NCAP) is now in effect! As of July 1, 2017, all new and existing public record data used by Experian®, Equifax®, and TransUnion® will be held to the new NCAP...

March 23, 2017

Credit Bureaus’ New Standards might Improve Renters’ Credit Score

With the credit bureaus’ new National Consumer Assistance Plan (NCAP) hot on our heels, it’s starting to look like these future changes could actually improve millions of U.S. credit scores. While...