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Fannie Mae launches pilot program to include on-time rent payments in credit reports. Here's why this could be a game changer for renters.

Por: MarketWatch Business October 07, 2022

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The payment data will be collected by vendors Esusu Financial, Jetty Credit and Rent Dynamics, Fannie Mae said in a statement. Renters can opt out of the program, and those who miss a payment will be “automatically unenrolled to preserve their credit standing.” The information, once included in a credit report, can factor into a consumer’s credit score.  “The absence of sufficient credit history reduces a renter’s ability to access... + full article



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