It has been super easy to use and provides us with all the things we need: debit cards, checks, ACH. 

It's the one odd ball line item on the P&L statement since it shows up as a pre-paid expense but you still get to pay taxes on the amount you reserve each year.

For credit reporting, we use eRentPayment and the tenants have an opt in option so that when they pay the rent via bank draft, debit, or credit card, it gets reported to TransUnion as a good payment.

Why don't you let everyone know about the benefits of Prepaid Legal???

•Always request the proposed settlement in writing first via email or USPS•Once you have confirmation in writing have your debit card handy and propose a slightly lower amount (depending on the age of the account of course) if you have them at 50% and requested the 20% find an excuse and offer say 30% inform them you have your debit card in hand if they bite great if not repeat the process of call back blah blah.

If you don't think your teen can handle a credit card, there are other options available like prepaid cards or debit cards that are linked with checking accounts that can be monitored by the parents.

The other is for recording debits and credits.  

Some banks also offer a deposit only debit card that can be used at a ATM.

FEES to $100.00Total Prepaid Finance Charge $6,558.03Amount Paid on Your Account/Amount Paid to Others on Your BehalfPaid by S* Seller L* Lender K* Broker R* Branch O* OtherPaid Outsideof ClosingAmount PaidBy OthersOther ChargesPaid By BorrowerAppraisal fee to $425.00Credit report to $19.00PREMIUM FOR 3RD PARTY/LEN to $-3,063.87Homeowner's insurance for years to $420.00Homeowner's Insurance 2 months @ $35.00 per month $70.00Property Taxes 6 months @ $106.43 per month $638.58Aggregate AdjustmentOwner's title insurance $1,500.00Lender's title insurance $550.00Deed $ Mortgage $ Releases $ $125.00STATE TRANSFER TAX FEE to $982.81Purchase Price (+) $173,100.00Settlement Charges to Borrower (+) $8,224.55+ $181,324.55Amounts Paid By/For BorrowerPrincipal Amount of New Loan(s) (-) $129,825.00-$129,825.00Total Cash From Borrower $51,499.55Loan Amount: $129,825.00Prepaid Finance Charge - $6,558.03Amount Financed: $123,266.97I am somewhat tied to this lender as He's the only one that I found that would accept only the last year income tax and having opened my Business a little over 2 years ago 2010 tax return would hurt the average pretty bad.Also I didn't like the fact that He pre-qual me for 20% down 3 months ago and now He says I need 25$ with no significant financial status changeI'd be on a stretch do this deal and am considering waiting til next year when conditions would be more favorable for financing but I have no idea how the market Will be in Vegas.Let me your thoughts.

It doesn't make much difference, at closing you pay some pre-paids (insurance/escrows) to yourself/the bank and credits to the seller (pre-paid taxes, fuel oil,etc.).