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Sinopsis

Reporting rent payments to credit bureaus is growing in popularity to help tenants build credit. But it’s not just something that helps tenants. According to the media website, Propmodo, it’s also a better way to do business for landlords. And there are a growing number of companies offering this service to both tenants and landlords. (1) Hi, I'm Kathy Fettke and this is Real Estate News for Investors. If you like our podcast, please subscribe and leave us a review. Having a long history of on-time rent payments speaks well of a renter. That’s something every landlord looks for during the screening process. But until more recently, the only option for passing that information along to the “next” landlord is by word of mouth – from one landlord to another who’s checking references, typically by phone. For the renter, on-time rent payments will obviously keep the peace with a current landlord, and help with any phone calls from a new landlord, but it does little to improve a renter’s credit score. Although ren