Have your clients been turned down for a loan because their credit score was just shy of where it needed to be?
If you’re a renter, your largest monthly expense is probably your rent payment. Yet you don’t build your credit score by paying your rent on time. You can be penalized on your credit report for a rental eviction but you aren’t rewarded for being a responsible renter and making your rent payments. This puts you at a disadvantage because you’re not building credit with a major monthly expense. Homeowners build their credit score by paying their mortgage. It’s time you build your credit score by paying your rent.
Why Rental Kharma?
- Build Your Credit Score with Rent - Add a new trade line to your credit report that demonstrates your on-time rent payment history and your credit worthiness.
- Get Credit for Your Last 2 Years of Rent Today - Add up to 24 months of on-time rent payment history to your credit report today. Exclusive offer you can’t find anywhere else!
- Build Credit without Going into Debt - By building your credit score with rent you don’t have to worry about interest payments or falling into debt and financial trouble.
- 30 Day Grace Period for Rent - As long as you pay your rent within 30 days it’s considered on-time on your credit report.
Getting Started:
- Once enrolled, your landlord or property manager will be contacted and your rental history will be verified.
- Make sure to inform your landlord or property manager that a rental verification will be requested on your behalf in the coming days.
The Process:
- After your rent payments have been verified, your rent payments will be reported to your credit report as a positive tradeline.
- Every month your landlord or property manager will be contacted to verify that month’s rent payment.
See the Results:
- Check your credit report and credit score to see the benefit to your credit standing.
- With a better credit score you can save tens of thousands of dollars on your car payments and your mortgage.
We’ll Help You:
- View your account online- 24/7
- Our live Customer Service Team is available to help with any questions. Please do not hesitate to contact us.