CREDIT BUILDING

Benefits to Property Managers

Potential benefits include:

  • Attract and retain better renters.
  • Increase on-time payments.
  • Reduce delinquencies and skips.
  • Turn-key marketing program.
  • Options to generate ancillary revenue.
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For illustrative purposes. Marketed credit score impact is based on a aggregated customer outcomes; results are not typical or guaranteed.

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How we differ

  • Product and Pricing Options for Property Management Companies.
  • No extra work for Property Management company or your staff.
  • Certified Data Furnisher and handle all support and compliance.
  • Works with any form of payment (online, check, money order).
  • Works with existing accounting and payment systems.

Motivate responsible renters with these valuable benefits.

custom-property-report-all-three-1.svg Reports payments to all three credit bureaus

Unlike some other rent payment reporting service providers, RentTrack reports to all three credit bureaus.

custom-property-report-all-three-2.svg Residents track their score and receive credit alerts

Residents can view their score, see factors affecting their credit, and track changes with monthly updates.

custom-property-report-all-three-3.svg Add up to 24 months of past rent payments

Residents can impact their credit score with the option to add previous rent payments (additional fee may apply) to their credit report.


California law: SB-1157

Comprehensive Compliance Solution

Effective July 1st, 2021 SB-1157, requires that all affordable Property Managers offer rental reporting in California. RentTrack is fully compliant with SB-1157 and tracking future state and federal reporting requirements.

New California law: SB-1157

Effective July 1st 2021.

SB-1157 requires that all affordable Property Managers offer rental reporting in California.

RentTrack is fully compliant with SB-1157 and tracking future state and federal reporting requirements.

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SB-1157 Comprehensive Compliance Solution: Digital Packages & Service

Digital Package

  • Tenant notification template
  • FAQ Sheets
  • Detailed instructions & best practice recommendations on how to manage rent reporting notifications
  • Intuitive Resident End User Experience
  • FCRA Compliant
  • Rent Reporting Fee Can Be Made Directly to RentTrack

Resources

From our blog:

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Case Study: Tenants Enjoy An Average 59-Pt Credit Boost in 21 Months

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For the Credit Invisible, Alternative Credit Data Makes a Big Difference

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MORE RESOURCES


Our commitment to security

pay-rent-icon-automatic.svg PCI Compliant

Protection of your sensitive data is important to us. We work with an independent security assessor to conduct audits of our processes and systems to uphold the highest PCI standards.

pay-rent-icon-flex.svg Secure Practices

We use state-of-the-art cryptographic algorithms during data transmission and in our databases. We do not store sensitive credit or banking data on our servers.