IDIQ? News | March 4, 2025: Expanding Financial Opportunities Through Rent Payment Reporting

2025 Multi-Family Housing Legislation Insights Report?

Nikki Boehle, SVP Multi-Family Channel at IDIQ, opens the report by sharing how “Millions of renters lack a crucial tool for building credit – the ability to have their on-time rent payments reported to credit bureaus.”??

The latest IDIQ report dives into the new rent payment reporting laws, including how California’s Assembly Bill 2747 and Missouri’s House Bill 938 are shaping financial inclusion and credit-building opportunities for renters.?

Here are a few key highlights:?

• How rent payment reporting benefits renters, landlords, and financial institutions?

• What AB 2747 and HB 938 mean for property owners and compliance?

• Why rent payment reporting is becoming a nationwide movement and what’s next?

Expanding Financial Opportunities?

BRIDGING THE CREDIT GAP

Renters want rent payment reporting because it allows them to build credit and access better financial opportunities, just like homeowners who benefit from mortgage reporting.?

ACCESS TO RESOURCES

For many, especially in historically underserved communities, a strong credit history is essential for securing loans, housing, and economic mobility. New legislation is focused on making rent payment reporting more accessible for greater financial inclusion.?

OPPORTUNITY FOR PROPERTY MANAGERS

Everyone benefits from on-time rent payment reporting. Landlords and property managers can incentivize on-time payments, improve rent collection and resident retention.?

IDIQ as a Rent Payment Reporting Solution?

As a leading third-party data aggregator, IDIQ provides a seamless solution for landlords and property managers to comply with new rent payment reporting legislation.?

With our solutions, property managers can:?

• Easily comply with new legislation and stay ahead of future changes.?

• Automate rent payment reporting without added administrative burden.?

• Improve resident retention while helping renters build stronger credit.?

Click here to learn about how IDIQ bridges the gap between rental data and credit bureaus while streamlining the process and ensuring accurate, reliable reporting.?

RELATED IDIQ ARTICLES

HB 938: What You Need to Know About Missouri’s Rent Payment Reporting Bill

What New Legislation AB 2747 Means for Property Managers

PARTNER WITH US!

IDIQ is a financial intelligence company that unlocks action to secure and strengthen people’s long-term financial health – starting today.?

We make it easy for businesses to stay compliant with evolving regulations while protecting consumer trust. Our solutions simplify data collection, reporting, and compliance management, helping businesses quickly and confidently adapt. With IDIQ, you can turn regulatory changes into opportunities to grow and succeed.?

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