Build your credit, Build your future
Prompt Renter is a trusted credit reporting company specializing in services for multifamily property owners and management companies. Prompt Renter can report both positive and negative tenant rental payment history to the major credit bureaus: TransUnion®, Equifax®, and Experian®.
How does
it work?
Prompt Renter reports rental payments to the major credit bureaus, giving residents an opportunity to build or improve their credit history. This service not only incentivizes timely payments but also enhances resident retention by offering a valuable financial benefit. By demonstrating responsible payment behavior, residents can strengthen their credit profile, making future financial opportunities more accessible.
OVER 80%!
A recent Fannie Mae poll reveals that over 80% of renters would like their on-time rent payments to be factored into their credit scores.
Tenant Retention
When tenants experience the benefits of good credit, they are more likely to renew their lease.
85% of Renters!
Most renters (85%) — across all generations — said they’d be more likely to pay their rent on time if their property owners reported it to credit bureaus.
Higher quality tenants
Tenants who are worried about their credit score may be more likely to choose a landlord who reports rent payments to credit bureaus. Tenants who are likely to default on rent payments with self-select out.
A fast and simple onboarding process with minimal effort on your part.
The Prompt Renter Promise
At Prompt Renter, we make rent reporting effortless for you and your tenants. With our seamless process, you can ensure that all on-time rent payments are reported to the credit bureaus—helping tenants build credit while encouraging timely payments.
No complicated setup, we’ll take care of everything. Partner with Prompt Renter today and give your tenants an extra incentive to pay on time!
Learn How We Can Help
We at Prompt Renter are here for you.
Reach out anytime and one of our dedicated staff members
will be happy to answer any questions or concerns you might have.
