View your potential tenant’s credit report at no cost
As a landlord or small property manager, it is essential to protect yourself and screen your potential tenant's credit.
Experian Connect will let you view the personal credit report and score of your potential tenants, who have granted you access.
Rental Payments to Individual Landlords Can Now Be Reported to Experian RentBureau
Experian RentBureau, by working with online rental payment services, now offers individual landlords and independent rental owners the opportunity to realize many of the same benefits available to larger apartment owners that currently report their rental payments.
Reduce Your Administrative Burden
Once you and your tenants sign up for a rental payment service, your tenants' rent payments are automatically deducted from their bank account and transferred into yours. Now you can spend less time following up with tenants to get their rent checks, waiting for checks to arrive in the mail or worrying if the check will clear.
Realize More Steady Cash Flow Through On-Time Rental Payments
Because tenants can opt-in to reporting their rental payment data to Experian and their positive rental payments may be reported on their Experian credit reports, tenants have an incentive to consistently pay their rent on time. This results in landlords receiving more steady cash flow and on-time payments.
Gain a Competitive Advantage
By offering tenants a service that allows them to report their on-time rental payments to Experian you give them the ability to build their credit history. This helps your tenants get the credit they deserve for managing the payments for the place they call home and allows you to stand out from your competition.
Reporting Rental Payments is Easy
All you and your tenants need to do is sign up for a rental payment service working with Experian RentBureau. These services allow for the payment and collection of rent electronically. And as an added benefit, your tenants can opt-in to reporting their rental payment history to Experian. To learn more about these services, visit the rental payment service providers working with Experian RentBureau:
Do you want to improve your credit rating? Pay your rent on time. CNN’s The Situation Room reports that Experian is now including residential rental payment information and rental history on its credit reports. This change could impact millions of renters nationwide.
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