Membership

To comply with FCRA requirements from the three National Credit Bureau’s, FABCO must verify the identity and business certification of all of our members. This includes an office inspection and contract between FABCO and its members (with recertification every five years). The cost of the office inspection is included in the $100 membership set-up fee.

ONE OF THE FOLLOWING REQUIREMENTS must be met to obtain a credit report (In all cases the end user means member)

1. End user is listed in the yellow pages, yellowpages.com, or 411.com. If you do not currently have a listing, you may visit yellowpages.com and the online listing is easy and FREE.
2. End user has a business telephone line (no cell phones) with a bill that reflects the same company name, address, and shows business or commercial rate charges.
3. End user is a member of a national trade organization such as the National Apartment Association, REIA, or a local landlord association.
4. End user has been approved by the Internal Revenue Service as a tax-exempt organization pursuant to Section 501 (C) (3) of the Internal Revenue Code.
5. End user has a business office with a separate sign that reflects the company name.

If you meet the requirements for accessing credit reports:

You will need to download the files for “Membership With Access to Credit Reports,” located on the right. This packet includes details on pricing, a sample letter of intent, membership application and membership contract. Along with these forms, you must provide proof of qualification for access to credit. Once you have completed these forms, you may return them to FABCO via mail, e-mail, or fax. Our third party inspection company will contact you upon receipt of paperwork and payment to schedule your site inspection. Paperwork to Return:

• Letter of Intent
• Application
• Membership Contract (including Addendums A, B, & C)
• Copy of State Issued ID
• Proof of Qualification for Access to Credit

If you do not meet the requirements for accessing credit reports:

You will need to download the files for “Membership Without Access to Credit Reports,” located on the right. This packet includes details on pricing, a membership application and membership contract. This paperwork can be returned to FABCO via mail, e-mail, or fax and one of our representatives will contact you upon approval. Paperwork to Return:

• Letter of Intent
• Application
• Membership Contract
• Copy of State Issued ID

Upon receiving your membership paperwork, your application and contract will be reviewed. Once approved, you will receive your account information including: billing number, username, and password for access to our website. *Landlords that own or manage fewer than 50 units may be subject to a background check to further verify identity. This will be processed through TransUnion. Membership paperwork may take up to 5 business days to be processed once we have received all necessary forms and payments. Please contact us if you have any questions.