TripleCheck by Zyklop: How to find the right tenant!

February 2011 - Zyklop Inkasso press release

• TripleCheck uses three credit enquiry agencies to verify the creditworthiness of potential tenants
• Error ratio reduced to a minimum

Property owners select their future tenants very carefully. However, they still face frequent disappointment. In severe cases, outstanding rent payments may plunge property owners into debt. Is there any way to prevent this from happening?

TripleCheck has the answer – it is a new service provided by Zyklop Inkasso Deutschland GmbH (Krefeld, Germany). TripleCheck verifies the credit information of potential tenants on the basis of three credit enquiry agencies in order to reduce the error ratio to an absolute minimum.

That is why we call TripleCheck the triple safety net for credit information. This extra reassurance might prevent property owners from suffering impairment of their real estate investments caused by their tenants.

Regular credit checks bear a good deal of error potential: for instance, enquiries on prospective tenants might produce positive results, as the person in question is not listed with the respective credit agency. Changes of circumstances, such as a wedding or relocation, might result in a debtor not being listed with the agency, despite negative records, while other agencies still have the person’s negative records on file. This is where TripleCheck comes in: one mouse click sends an enquiry to three renowned credit enquiry agencies, reducing the error potential significantly.

Guido Pistel, Head of Sales with Zyklop Inkasso Deutschland GmbH, says: ”That is why call TripleCheck the triple safety net for credit information. This extra reassurance might prevent property owners from suffering impairment of their real estate investments caused by their tenants.”

Contact

GFKL Financial Services AG
Group Communications
Telefon: 0049 201 102 1192
Mail: pr(bittekeinspam)gfkl.com

Zyklop Inkasso Deutschland GmbH
Mail: inkasso(bittekeinspam)zyklop.de