Rent Reporting, powered by Buildium

Rent Reporting, powered by Buildium helps build residents’ credit profiles1 by automatically reporting monthly rent payment activity to Experian®, Equifax®, and TransUnion® 2 3, potentially helping to increase credit history and credit score.

FAQs

1 Alternative Data Such as Rent Payment Reporting Bridges the Gap for Unscorable Consumers and Increases Financial Inclusion Opportunities. TransUnion (2021). See also https://www.usatoday.com/story/money/2019/06/26/credit-score-your-rent-can-boost-your-fico-score-instantly/1556743001/ 

2 This is subject to change without prior notice, but residents’ monthly rental payments will be reported to at least one of the three major bureaus during their subscription to Rent Reporting, powered by Buildium. 

3 Please note, Buildium is not a credit bureau and does not have direct influence over any aspect of credit bureau consumer profiles or credit scores calculated by the bureaus. Each bureau to which we report your rental payment information will determine, in its sole discretion, whether and how to use that information.

4  https://www.self.inc/blog/5-components-of-a-credit-score