Credit Reporting
How PropertyZar Can Help Your Tenants Improve Their Credit Score
PropertyZar can report your tenant’s rent payments to the credit bureau each month. As a property manager/landlord, you have the option to require credit reporting for all tenants or allow tenants to opt in.
What’s the benefit to the property manager? – Tenants know up front that you will be reporting their rent payments to the credit bureau. This will incentivize your tenants to be prompt with their payments.
What’s the benefit to the tenant? – Tenants can build their credit score simply by paying their monthly rent. Since rent is required, they can take advantage and improve their credit rating.