Common use of Negative Credit Reporting Clause in Contracts

Negative Credit Reporting. Lessor may submit a negative credit report to any credit reporting agency or agencies. Lessee hereby acknowledges receipt hereby of notice pursuant to California Civil Code Section 178526 that Lessor may submit a negative credit report reflecting on Lessee’s credit record to any credit reporting agency or agencies if Lessee defaults in the rental obligations or any of those obligations provided in this Agreement. X Initial Here

Negative Credit Reporting. Lessor may submit a negative credit report to any credit reporting agency or agencies. Lessee hereby acknowledges receipt hereby of notice pursuant to California Civil Code Section 178526 that Lessor may submit a negative credit report reflecting on Lessee▇▇▇▇▇▇’s credit record to any credit reporting agency or agencies if Lessee defaults in the rental obligations or any of those obligations provided in this Agreement. X Initial Here