Several months ago my wife and I found out our credit score was in the low 600’s. We were told in December of 2015 that with the current score we would not qualify for a home loan. At this time we started to do everything in our power to raise our credit score. We paid down credit cards, checked our credit report and even became authorized users on each other’s credit cards. We stumbled across Rent Reporters in February and immediately signed up.
Our lease payment was $1700 and was not being reported as positive credit. Once we signed up just a few days later I saw the rent we were paying show up on our credit report. Rent reporters also reported the rent for the amount of time we had been living in that address which was about 18 months. We immediately saw an improvement in our credit. Another area it helped us was with our underwriter. The underwriter who ultimately approved our loan was able to see from our credit report that we had been on time with our payments to our landlord. In June of this year we were able to close on our home. Rent reporters was a big factor in raising our credit score to 691 that helped us qualify with multiple banks. I would recommend Rent reporters to anyone looking to raise credit score.—Read More