Sentences with phrase «rental tradelines»
Santa Barbara, Calif., January 13, 2016 / PRNewswire / — RentTrack ®, a pioneer in online rent payments and rent reporting, is proud to announce that it is now officially contributing rental tradelines to Equifax Inc. (NYSE: EFX).
https://www.renttrack.com/
With increasing connectivity between industry participants around rental data reporting, and as major scoring models begin to incorporate these rental tradelines, rent payments are rapidly becoming the most important «non-traditional data» on a consumer's credit report.
Your rental tradeline is used in different scoring models, such as FICO 9 score and VantageScore, and is also accepted by Fannie Mae and Freddie Mac for mortgage decisions.
Not exact matches
TransUnion also figures positive rental payments into its credit calculations (look for it under «tradeline expense» on your credit report.)