QUICK LINKS:

Rental payments will now be part of your credit report

Created: 08/11/2014 8:46 AM WHEC.com

Your rental payment history will now become part of your credit profile.
 
Experian and TransUnion have started to incorporate verified rental payment data into credit files where it can be included in the calculation of a consumer's credit score. That's good news for long time renters with a stellar record of rental payments especially when applying for a mortgage loan.
 
The two credit agencies are partnering with "RentTrack", a nationwide service that enables renters to pay online and have their payments included on their credit reports.
 
Transunion is also introducing a "ResidentCredit" service that encourages rental properties to report monthly payment information.
 





News10NBC/WHEC-TV welcomes your opinion and interaction on our website, but please remember to keep it clean. If you're advertising for another business, being profane, vulgar or slanderous your post will be deleted. By commenting on this website, you agree that anything you post may be used, along with your name and profile picture, in accordance with our Privacy Policy and the license you have granted pursuant to our Terms of Use. Comments are not pre-screened before they posted.

Rochester

Overcast
43°
44° | 36°
  • Feels like: 37° F
  • Wind: NE 10mph
  • Humidity: 89%
  • Sun Morning rain/snow
    43° | 31°
  • Mon Plenty of sun
    54° | 32°
  • Tue Mostly cloudy
    60° | 43°
  • Wed Partly cloudy
    54° | 43°