Credit Reports Should Include Rent Payments
There are more than 100 million renters in the United States today, and RentReporters wants to change the way credit scores are calculated for all of them. That number represents 35% of US households, and in major urban areas, the number is over 50% – and growing.
For most renters, their monthly rent payment represents their single largest recurring expense. Historically, these payments have had ZERO impact on the calculation of any of the major credit scores. Even though you’ve paid your rent on time for years, you’ve never received any benefit for those payments on your credit report. We want to change that!