Automatic Rent Reporting for Tenants
Help them build credit each month by reporting their on-time payments and give them FREE ACH payments too!
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Easy set up, cancel anytime
Report to major bureaus
Free ACH payments as a bonus
Only $6.95 a month
Enable rent reporting, empower your tenants
We understand how important it is to build a credit history and help our tenants do it with little to no hassle.
Rent reporting encourages on-time payments, improves your tenants’ financial outlook, and strengthens your landlord-tenant relationship. Win, win. Win.
Log inFree ACH Fees with Rent Reporting
Reporting rent with TenantCloud has its perks. Like $0 ACH fees for rent payments as long as tenants are enrolled.
Here's how it works:
Choose a lease with recurring rent invoicing
Turn on rent reporting for this lease
We'll waive your tenant’s ACH fees
Tenants can see an update to their score in as little as 30 days
Why rent reporting?
When on-time rent payments are reported, they can have a positive effect on your payment history. Building a credit history increases your chances of having a higher credit score and can improve purchasing opportunities, such as qualifying for home and car loans.
Lenders use the credit report to gauge the likelihood of you paying back a loan.
Get access to better properties and be more likely to be approved for getting a mortgage, car loan, or credit card.
Learn more
Ongoing Rent Reporting
Tenants can report ongoing rent payments for just $6.95 a month. Payments are processed on the 21st of each month. Available for U.S. residents only.
Historical Rent Reporting
Tenants can also potentially boost their credit score by reporting previous 24 months of rent payments to credit bureaus, otherwise known as back rent reporting. This is a one-time fee of $49.95. To maximize on-time payments, tenants can opt-in to both ongoing and historical rent reporting at the same time.
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Give tenants growth opportunities
With on-time rent payments and consistent rent reporting, you can give your tenants the opportunity to build their credit history, increasing their chances of having a positive credit score.
Pricing & Plans
- Rent Payments
- Maintenance Management
- Listings and Applications
Help your business grow!
Get started today and instantly prosper from managing your properties online.
