Good Renters Deserve Good Credit!

Services for Real Estate Pros with Financial Education Services

Rental HistoryIf you’re currently renting, we have GREAT News for you, your rental history can now be added to your credit report!!!  This is HUGE!

If you’re paying rent, this is most likely your biggest monthly bill (often times MORE than what a monthly mortgage payment would be) but it doesn't report to any of the credit reporting agencies?  Right now you’re NOT getting any “CREDIT” for paying that ENORMOUS monthly rental payment, until now!

You can now add either 1 or 2 years of past rental history to your TransUnion credit report.  You also have the option of adding ongoing monthly rental payments as well to continue building good credit moving forward!  This is a great way to add a positive trade line to your credit report for something you’re already paying for each month.

Why is this such a great idea?

Often times renters are lacking trade lines or open accounts and they are not able to open any new accounts due to credit issues.  By adding an open account, you already have, like your rent, you are now adding a positive trade line to your credit report while NOT adding any additional debt. 

It's important to note that good payment history makes up 35% of the credit score. On time payment history, like your rental payment history, combined with low debt to credit limit (30%) will have a very positive impact on your credit scores.

The results are in!

One of my clients reported that after adding 2 years of past rental history to her credit report in approximately 45 days her score had increased 85 points. I am also hearing reports as high as 135 points PLUS.

Shoot me a message here or call 954-707-2932 if you need more information.


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Melissa Jackson
Century 21 Alliance Properties - Azle, TX
Helping You Make The Right Move

This is good news for renters that are preparing to purchase their new home in the near future.  I've heard they can also use cell phone and netflix payments.  Thanks for sharing this information.

Apr 12, 2016 01:23 PM #1
Roger D. Mucci
Shaken...with a Twist 216.633.2092 - Euclid, OH
Lets shake things up at your home today!

Very informative post.....amazing results too in just 45 days.

Apr 12, 2016 09:25 PM #2
Roy Kelley
Realty Group Referrals - Gaithersburg, MD

This is very good advice for those who are renting.


Apr 12, 2016 09:58 PM #3
Tony and Suzanne Marriott, Associate Brokers
Serving the Greater Phoenix and Scottsdale Metropolitan Area - Scottsdale, AZ
Haven Express @ Keller Williams Arizona Realty

Thank you for an easy read and informative post Mark Bustamonte  - we are now "following" you!


Apr 12, 2016 11:00 PM #4
Patricia Kennedy
Redfin - Washington, DC
Home in the Capital

Mark, this is great news, especially for young buyers who are just getting their feet wet finacially.  Does this require any input from their landlord?

Apr 13, 2016 01:28 AM #5
Inna Ivchenko
Barcode Properties - Encino, CA
Realtor® • Green • GRI • HAFA • PSC Calabasas CA

I got a call today from a lady who wants to rent, yet she got 4 years......foreclosure, bankruptcy, creditors on her back, and medical bills......such a nice lady. But sometimes bad things happen all together to good people....

Apr 13, 2016 04:42 PM #6
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Mark Bustamonte

Get the Credit You Deserve
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