Tuesday, February 20, 2024

Tag: credit score

The road to $1T

American credit card debt remains at record-breaking heights according to fresh government data as consumers turn to plastic amid stubbornly high prices on everyday...

Fannie Mae launches rent payment reporting program to help renters build credit

Fannie Mae announced the launch of its Multifamily Positive Rent Payment Reporting pilot program, aimed at helping renters build their credit history and improve their credit...
credit score

Renters’ credit scores improve despite COVID

A new report from TransUnion paints a relatively positive picture of the financial positions of America’s renters as we head into 2021. Collecting the data TransUnion...

Rental payment reporting benefits renters and property managers

There are over 111 million renters in the U.S. today and for a large percentage of them, paying rent is one of the biggest...

Will UltraFICO help expand credit —or create greater risk?

While the UltraFICO would certainly expand financial inclusion, consumers must be wary of inscrutable offers of credit, and learn how exactly they could protect...

The hottest resident feature: building their credit score

Since most landlords aren’t set up or approved to report rent payments to the national credit bureaus, their tenants’ credit scores often suffer as...

Consumer credit growth decelerates in March

The consumer credit reading includes most short and intermediate-term credit extended to individuals. It does not include loans secured by real estate, so mortgages...

A credit score that tracks rent payments

The new report also includes any property tax liens and whether you've fallen behind on your homeowner's association dues. It may reflect that you...

Renters get help, boost their credit score

Back in January, one of the major creditreporting agencies, Experian, announced it would begin including rental payments in its credit score formula. In response to...

Bad debt be gone

Vacancies remained flat at eight percent in Q4, the highest level since 1980 and in any fourth quarter since 2003, according to independent real...

The new normal

A recent survey by the National Foundation for Credit Counseling found 26 percent of American households reported that they do not pay all of...

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