Congratulations, for your interest in reporting your rent and
increasing your credit profile.
RentReporting is a
service that provides your monthly rent payment data to increase
your credit profile..
RentReporting
strives to provide exceptional service and responsiveness.
Step 1 -
Fill out our quick rental
information form & we will take care of the rest for you.
Step 2 -
We verify this
information with your landlord and report your rental data to
the major credit bureaus
Step 3 - Sit Back and Relax! You are now rewarded with a more
complete credit profile. Watch your FICO Score go through the
roof!
Benefits -
Your credit score improves with every
rent payment.
Proof for creditors &
banks that you deserve all types of loans.
Once a
credit item appears on your report it will stay there
for 7 years. So once you report your rent, and it shows
on your report, you will benefit for up to 7 years.
Everyone is a winner
when you report your rent!
Landlords Win
Prospective landlords
will be assured that you are a responsible person who
values paying your rent and are the quality
tenant they are looking for.
Landlords can quickly and effectively see your rent
payment history when considering you for a new rental.
Landlords know that tenants who are reporting their
rent payments are obviously very likely to pay
on-time.
Landlords will be able to see your rental history on
your credit report and won’t have to pay for
additional data sources. Since your on-time payment
information is right there on your credit report they
will no longer need to speak to your previous
landlord,
Creditors Win
By seeing your rental
information, banks and creditors can feel more
confident that they “know you”.
Creditors and banks recognize that a people who report
their rent payments are financially responsible and
aware of the importance of maintaining their credit
and therefore, will be a lower-risk customer.
When banks and creditors consider extending credit
they look at a number of factors in your credit report
to help them decide which customer is a good match for
them; by providing your rental information, you help
provide the same kind of information to the creditor
in many cases that a homeowners mortgage payment
would. This is proof for creditors &
banks that you deserve all types of loans.
Bureaus
Win
The bureaus will now be
able to establish your personal credit file if this is
first time credit.
You’ll have fewer issues with identity theft, when your
address information is current.
By not needing a supplemental rent verification
means no delays in issuing a complete credit report for
creditors.
Information is updated to
the bureaus monthly indicating recent financial
activity.
Your personal credit file
will more accurately represent you when your monthly
rent payments are reported.