#house for rent to own
What All Renters Should Know Have on Their Credit File
Posted by DKMadmin on August 6, 2015
Here is what all renters should know and have on their credit file, but most don t.
Did you know 45% of all American households rent? If you are a renter, your largest monthly expense is probably your rent payment followed by your car payment. Yet you don’t build your credit score by paying your rent on time. What if you could? Now we have the solution just for you!
Until now there has not been a way to report your rent payments to the credit bureaus. With Rental Kharma you can. Now you can get credit for the last 2 years of rent payments. You can also get credit for your continuing rent payments. This will help you build credit without going into debt. Remember, when you increase your FICO® score you save money.
With 41 million rental units in America, why not add your good rental history to your credit profile? After all, you should be rewarded for paying your rent on time just as you would if you own a home and make payments.
To learn more about what all renters should know and how you can add a new positive trade line to your credit report that demonstrates your on-time rent payment history and your credit worthiness or to enroll go to Rental Kharma.
We believe Good Renters Deserve Good Credit ™
If you know someone that rents and believe this information could benefit them please share this with them too!