People search “what is rent credit” for three different reasons and they usually mean three different things. There’s rent credit in a rental agreement (landlord gives you a discount or credit toward your balance). There’s rent credit in a lease-to-own deal (portion of rent applies toward the purchase price). And there’s rent as a tradeline — actually getting your rent payments to show up on your credit report. This post covers all three.
Continue reading “What Is Rent Credit? How It Works and Whether It Helps”