WHAT IS RENT REPORTING?
Rent reporting, the reporting of rental payments to one or more of the credit bureaus, is an evidence-based strategy that can safely help renters establish or increase their credit scores.
Learn about rent reporting from residents and staff at the D.C Housing Authority.
WHERE DO I START?
For Housing Providers
A first step is to decide how you want to report rental payments. You can explore the options here.
Once set up to offer rent reporting, it’s time to make sure your staff understands how the process works. Review our FAQs here.
It’s time to inform residents about the opportunity on an ongoing basis! Find sample outreach and communication materials here.
Need more support?
Interested in more support to get your rent reporting program going? Get in touch.
WHY SHOULD I BE INTERESTED?
Rent reporting is gaining traction across the U.S. as a proven way to help renters establish and build credit. Renters are seven times more likely to have no credit score compared to homeowners. Many also have limited opportunities to build credit history, which directly impacts their ability to get and stay ahead in today’s economy.
It’s a win-win! Find out more about the benefits of rent reporting here.
RENT REPORTING CASE STUDIES
Credit Builders Alliance (CBA) has been actively involved in rent reporting as a credit building strategy since 2012. During that time, CBA has helped over 50 affordable housing providers implement rent reporting programs at their respective agencies. By collaborating with these partners, CBA has gathered best practices, lessons, and success stories from these providers—for which we are incredibly grateful. You will find insights from five of these housing providers in these case studies. Sharing their knowledge and experiences paves the way for additional affordable housing providers as they work to establish their rent reporting
programs.
READ THEIR SUCCESS STORIES HERE ->
Reporting rental payments provides renters an opportunity to build credit as a financial asset without taking on additional debt. For landlords, it is an amenity that can attract new renters to your housing and encourage on-time rent payments.
How does rent reporting work?
Are you an affordable housing provider interested in more support to get your rent reporting program going?
THANK YOU TO OUR inaugural SPONSORS
Premiere Sponsor
Participating Sponsors
Credit Builders Alliance (CBA) is an innovative national nonprofit network dedicated to building the capacity of a diverse and growing network of hundreds of nonprofits across the country. CBA was created by and for our nonprofit members as a bridge to the modern credit reporting system to help millions of individuals with poor or no credit participate in the mainstream financial system by building credit. We created this website, as an extension of our work that seeks to expand rent reporting as an opportunity available to all renters! To learn more about CBA visit our website.
