TenantCloud’s Rent Reporting feature is making waves among our users, helping them enhance their credit scores and improve their financial health. Here’s how our innovative solution is making a real difference.
How It Works
Getting started with TenantCloud’s rent reporting is easy and rewarding:
- Pay Rent on Time: Use the ACH payment method through TenantCloud without any extra fees.
- Automatic Reporting: We report your on-time rent payments directly to major credit bureaus.
- Credit Impact: Your rent payments appear on your credit report.
- Watch Your Credit Score Rise: As your payments are reported, you may see a boost in your credit score.
User Feedback
Our users are thrilled with the results they’re seeing from Rent Reporting:
- Significant Credit Score Increases: "My credit score shot up by 60 points. This feature is incredible!"
- Enhanced Financial Opportunities: "Thanks to this feature, I was able to secure the credit card I needed."
- Overall Satisfaction: "It’s amazing to think that paying rent can positively impact my credit score. I’m glad to have this feature!"
Even users who have only recently activated the feature are noticing improvements, with some reporting a 20-point increase in just two weeks.
Free ACH Payments
Activate Rent Reporting, and we’ll waive your ACH fees! By reporting rent payments, you’ll benefit from more eligibility for loans, credit cards, and other financial products that require a credit check.
The Fine Print
Please note, that while Rent Reporting can contribute to building your credit history, we cannot guarantee a specific increase in your credit score. Credit scores are influenced by various factors, including your overall financial behavior, payment history, credit utilization, and other elements reported by credit bureaus. Results may vary based on individual circumstances.