Experian RentBureau Media Coverage | Rental Payment Data on Experian Credit Reports
How did credit reports become the lead story on CNN’s The Situation Room?
In December 2010, Experian became the first credit bureau to include positive rental
payment histories on its credit profiles. This unique dataset, collected by Experian
RentBureau, can not only help our clients reduce the number of no-hits and obtain
a more holistic picture of their borrowers, but can also empower millions of Americans
to establish or build their credit history. Simply by paying their rent on time,
responsible renters, including students, immigrants and displaced homeowners, may
now have the opportunity to gain access to mainstream credit products that they deserve.
CNN's The Situation Room
Do you want to build your credit history? Pay your rent
on time. CNN’s The Situation Room reports that Experian is now including rental
payment history data on its credit reports. This change could impact millions of renters
CNN's Clark Howard
If you rent, there could be some extra credit coming your way! That’s great
news for students, recent graduates, etc. Clark Howard reports that renters can now
build their credit history by making on-time rental payments.
Fox News reports that renters may not be throwing away their money after all. Experian
is adding resident data and rental payment history to its credit reports to provide
consumers with a chance to build their credit history. Margaret Mikitka, a former
homeowner, had no choice but to give up her home and start renting. Experian finds
a creative solution to help displaced homeowners build their credit history and
bring them back into the home market.
Bankrate.com reports that Experian is now incorporating positive
rental payment data in its credit reports. Now consumers looking for a way to
establish or build their credit history can do so just by paying their rent on time.
There’s a new history showing up on Experian credit reports. They now include
rental payments. NPR reports that the new data is expected to help build credit history.
About Experian RentBureau
Experian RentBureau receives updated rental payment data every 24 hours from its
national network of property management companies. Positive rental payment data is
then incorporated within Experian credit reports. To learn more about Experian RentBureau