On-site Inspection Authorization
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Since November 1, 2005, the credit repositories have required that all companies accessing consumer credit must have an on-site facility inspection by a repository-approved vendor.
The fee for this service is $60 and it is required that this fee be paid at the time the inspection is requested.
Once the fee is received, TenantReportX will require an inspection of your office. This inspection is conducted virtually with the use of your mobile device to take the necessary pictures.
The inspection will verify:
- A locking filing cabinet and paper shredder are present to properly store and destroy credit reports printed
- Computers ordering credit reports are password protected
- The building is secure with locking doors
- The office is NOT a shared space
- The inspector will take pictures of the above items
Please Note: IF YOUR COMPANY RELOCATES TO A DIFFERENT LOCATION or YOUR COMPANY CHANGES NAMES, it is required by the credit bureaus to provide us a copy of your updated license and lease agreement showing the updated information for the company name and/or address changes. As mandated by the repositories, each time you move your business to a different location, an onsite inspection is required.
You are required to notify our office if your company changes location. The onsite inspection fee for existing customers who have changed their business location is $60. As required by the repositories, existing customers who have relocated to a residential home office must be inspected annually. The annual inspection cost for a residential location is $60.
THIS POLICY AND PROCEDURE IS DERIVED AND MANDATED DIRECTLY FROM THE REPOSITORIES.
Please fill out the following information so we can expedite your location’s physical inspection: