How much will my credit score increase?
For thousands of RentReporters’ customers, the average increase is 40 points. While we would love to be able to predict a specific score we simply can’t because the scoring algorithm the bureaus use is proprietary and not available to us. We do think you’ll be inspired by the stories of our customers and the dramatic changes they have experienced.
How does rent reporting work?
During the signup process, you’ll need to verify your identity by providing information such as your social security number and date of birth. We’ll also ask you to provide your rental information for the past 24 months, including your address, your landlord’s contact information, the date you moved in and out (if applicable), and how much you’re paying in rent. Once you’ve completed the application, we’ll work directly with your landlord to verify their identity and confirm your on-time rent payments over the last 24 months.
Once we have verified your identity, your landlord, and your on-time rent payments, we will report your rental payment history to TransUnion. It usually takes about 5-7 days for the rental payments to post on your credit report. We will notify you when we’ve uploaded them, and notify you again when the rental tradeline is live on your credit report.
How long will it take for me to see a change in my credit score?
You will see your new score within 3-5 days after we have completed your verification.
Can I get my money back if my score doesn’t improve?
RentReporters is so confident that adding your on-time rent payments to your credit report will have such a significant impact, that if you’re not delighted with the initial increase in score, we will issue a refund. A refund request must be submitted to us within 48 hours from the time we notify you that your rental history has been added to your credit report. Please note that when a refund is processed, we’ll simultaneously be REMOVING your rental history from your credit report, which will also adjust your credit score back to where it would have been had the rent not been reported.