RentReporters
| RentReporters LLC | |
| Private | |
| ISIN | 🆔 |
| Founded 📆 | 2012 in Pasadena, CA |
| Founder 👔 | Jason Greenman |
Area served 🗺️ | |
Key people |
|
| Members | |
Number of employees | |
| 🌐 Website | www |
| 📇 Address | |
| 📞 telephone | |
RentReporters is a U.S.-based credit reporting agency that reports monthly rent payments to major credit bureaus.[1][2]
History
RentReporters was founded in 2012 in Pasadena, CA by Jason Greenman, who was the company's first CEO. In 2013, John Simpson joined as a board member and investor, and expanded his role in 2016 to become CEO of the company.[2] The platform pioneered the process of informing credit bureaus about a tenant’s rental payments so the information can be added to credit reports.[3][4][5]
The process involves reporting the amount and timeliness of rent payment, and any balance owed.[6] This rental payment information then appears on their consumer credit report with other financial obligations such as auto loans, credit cards, and student loans.[7][8] The company works directly with landlords to confirm on-time rent payments.[9] The company generates revenue by charging $94.95 to sign up followed by a $9.95 monthly reporting fee.[10][11][12]
As of 2016, RentReporters has partnered with LeaseLock to provide renters with an enhanced leasing experience by combining their respective services.[13]
References
- ↑ "Rentec Direct Helps Renters Improve Credit with New Integration". Yahoo Finance. Retrieved 2023-05-08.
- ↑ 2.0 2.1 "RentReporters Announces Plans to Report Rental Payment Information to TransUnion". m.canadianinsider.com. Retrieved 2023-05-08.
- ↑ "Bad Credit? Here Are Some Easy Steps to Boost Your Score". PEOPLE.com. Retrieved May 8, 2023.
- ↑ CEPF, Leo Aquino. "Fannie Mae allows renters to build credit through on-time rent payments. Here's how to make sure yours count". Business Insider. Retrieved 2023-05-08.
- ↑ "Rent payments could boost credit scores in a big way". money.yahoo.com. Retrieved 2023-05-08.
- ↑ "How to Add Rent and Utilities to Your Credit Report". Credit.com. Retrieved May 8, 2023.
- ↑ Heath, Raychelle. "How To Report Rent Payments To Credit Bureaus". Bankrate. Retrieved 2021-05-28.
- ↑ "5 Fastest Ways To Boost Your Credit Score". Yahoo Finance. Retrieved 2023-05-08.
- ↑ "How To Get Rent Payments Added To Your Credit Report – Forbes Advisor". www.forbes.com. Retrieved 2023-05-08.
- ↑ "Rent can now count toward your credit score -- for better or worse". financialpost. Retrieved May 8, 2023.
- ↑ Rothbart, Peter. "Best Rent Reporting Service May 2023". Business Insider. Retrieved 2023-05-08.
- ↑ Dickler, Jessica. "A new way for grads to build good credit". CNBC. Retrieved 2023-05-08.
- ↑ "RentReporters and LeaseLock Join Forces to Help Renters Secure Housing and Improve their Credit Score". Yahoo Finance. Retrieved 2023-05-08.
External links
This article "RentReporters" is from Wikipedia. The list of its authors can be seen in its historical and/or the page Edithistory:RentReporters. Articles copied from Draft Namespace on Wikipedia could be seen on the Draft Namespace of Wikipedia and not main one.
