Rent Reporting

Rent Reporting from Credit Sesame is a service that allows you to safely and securely submit your recurring rent payment to the credit bureaus to help establish or build your credit history. Rent Reporting supports rental payments made to property management companies and individual private landlords.

Rent Reporting works directly with tenants and landlords to report the tenant’s monthly rent payments to the major credit bureaus to help establish or build credit history. Rent Reporting safely and securely verifies your personal and rental information, links to your bank account via Plaid to verify rent payments, and submits your rent payments to the credit bureaus on a monthly basis.

Credit Sesame reports your rental data to Equifax and Transunion.

Payment history is incredibly important as it accounts for about 35% of how a credit score is calculated.

For most people, rent is one of the largest payments that is regularly made and is a great indicator of one’s responsibility and ability to pay or repay a financial obligation. Having a positive record of rent payments can help establish credit as Credit Sesame reports your payments to the credit bureaus.

It is difficult to determine an exact time as there are a number of other factors that influence credit scores. That said, those who use Rent Reporting have seen an impact in as few as 10 days once on-time rent payments were verified and reported to the bureaus.

Once your enrollment is completed and your information has been verified, your rent will be reported monthly to the bureaus.

Signing up for Rent Reporting is simple. Be sure to have the following information ready.

• Your address, lease agreement, and residency dates
• Landlord or property management company name as well as their contact info (name, phone, address, and email)
• Rent amount and banking info (where you make your payments from)

Rent Reporting from Credit Sesame supports rental payments made to property management companies and individual private landlords.

We can begin reporting after your first month of rental payments.

Rent Reporting links your bank account (securely, via Plaid) to verify your rent payments. Rent Reporting works best if it is made from the same accounts for each payment.