Common use of Credit Program Clause in Contracts

Credit Program. Resident acknowledges Resident shall be enrolled in Landlord’s credit reporting program, RentPlus a credit reporting and financial tool provided by Simplified Business Group, LLC, doing business as Rent Dynamics, (“RentPlus”) to report Resident’s Monthly Installments due under the Contract to one or more consumer reporting agencies (e.g., Equifax, TransUnion, and/or Experian) (the “Credit Program”). By participating in the Credit Program, the timeliness and completeness of Resident’s payments under the Contract shall be reported by RentPlus to one or more credit reporting agencies. Enrollment in the Credit Program is subject to the terms and conditions set forth in this Addendum and the RentPlus Terms of Use that can be found at ▇▇▇.▇▇▇▇▇▇▇▇.▇▇▇/▇▇▇▇▇-▇▇-▇▇▇.. The Credit Program services and fees may be altered, changed, terminated or otherwise modified by RentPlus with thirty (30) days’ advance notice to Resident. Resident hereby acknowledges and agrees that Transunion may provide individual credit reports to RentPlus solely for the purpose of tracking changes to Resident’s credit score over periods of time in order to measure the effectiveness of the Credit Program, and such credit score information will be available to Resident in the RentPlus resident portal for so long as Resident is enrolled in the Credit Program. For more information about the Credit Program, Resident shall refer to the FAQs located at ▇▇▇.▇▇▇▇▇▇▇▇.▇▇▇/▇▇▇/.