Does Rentler report unpaid rent to the credit bureau?
Yes, Rentler does report unpaid rent to two major credit bureaus (Equifax and TransUnion); however, paid rent is reported to all three bureaus (Equifax, TransUnion, and Experian). So, while negative payments are possible, they are more limited than positive ones.
Tenants can opt-in to have their rent payments reported for a low monthly fee. Once the tenant opts in, rental payment data will be reported by Rentler to Experian, Equifax, and TransUnion. These reports are used by banks, financing companies, and more to determine a consumer’s eligibility for loans and credit accounts.