Canadian Housing Providers report rental history data and screen applicants. Renters stand out and secure housing with verified rental records. A better rental process for everyone.
Credit Bureau reporting in Canada helps Canadian Housing Providers make informed decisions. It enhances accountability, encouraging timely rent payments and responsible behavior. Renters can build a positive rental history, improving their chances of securing future housing.
Tools to Improve Renting for Everyone
Unlock the Benefits of Credit Bureau Reporting in Canada
When rent payments are reported to Credit Bureaus both Housing Providers and Renters benefit.
Improved credit can help Renters stand out when applying for new housing and secure their preferred home.
Thorough Tenant screening helps Landlords find reliable Renters and maintain a safe, well-managed property.
Remove the stress of unpaid rent. Credit Bureau collections can help you recover debts from former Tenants.
To report rent to Credit Bureaus, Housing Providers need to sign up for rent reporting service like FrontLobby.
Until the development of Rent Reporting, Tenants were unable to build credit through their monthly rent payments.
Rent Reporting Services
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Credit Building Services
Tenants can report rent payments to Credit Bureaus as a way to build credit, which is essential for securing homes and obtaining better loan terms. Housing Providers who offer credit-building services can in return attract high-quality Renters.
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Tenant Screening Services
Tenant Screening services allow Housing Providers to pull credit reports and background checks on potential Tenants. By reviewing a Tenant’s financial history and rental record, Canadian Landlords can make informed decisions about whom to rent to.
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Debt Reporting Services
Reporting debts to Credit Bureaus can help Canadian Housing Providers recover unpaid rent by
holding Tenants accountable for their financial obligations. This practice not only aids in
debt recovery but also promotes responsible Tenant behavior.
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