Today we will be using TransUnion to look at our credit report and find our rental history!
Please note, if you have not gone through the Rental Kharma program, this guide does not apply for you, as rental history is not automatically included in your credit report unless you go through a 3rd party program.
Keep in mind, that TransUnion is primarily a paid service to view your credit report on a regular basis. You are entitled to one free credit report from each of the three Credit Bureaus per year; so, if you want to have more regular credit monitoring, you might want to use a free credit monitoring service like Credit Karma. Please also note, even if you are paying for a membership and credit monitoring, they're system only updates once every 30 days. This means you might need to wait longer to see it show up, or purchase a new report.
If you have a paid account on TransUnion, this guide will help you locate and understand Rental Kharma. Otherwise, click here to check your credit report on Credit Karma. We report to TransUnion, so your rental history will be visible on any service that shows you your full TransUnion credit report.
First, log in to your account, or create a new account using TransUnion.
Click on my credit score & report.
By clicking on the orange button, it will automatically prompt you to register. Keep in mind, this is a paid service to create a new account.
If you already have a paid account, click on "Login Now." It will take you to the log in screen that looks like this. Enter your username and password.
Once you log in, you will see an overview page. Depending on the membership plan you have, you might see all three bureaus or just your TransUnion credit report.
The next step we want to take is to actually view our full credit report. You will see the options to view Dashboard, Credit Score, Credit Report, Credit Lock, Tools, etc. Please go to your TransUnion credit report by clicking on "Credit Report" at the top of the menu bar.
We will first see the Account Summary. This section will list the number of open and closed accounts, as well as your score, balance history, monthly payments and other basic information. Once you have reviewed this section, scroll down.
The next part of your credit report will show the different types of accounts you have on your credit report. You will see your Revolving credit accounts, like credit cards, and Installment accounts like student and auto loans.
After you have reviewed this information, continue to scroll down. Rental Kharma is an open trade line, so your rental history will be listed as an "Other Loan" or "Other Account." You should be looking for an account named "RK/Residence." RK stands for Rental Kharma, naturally!
If you see "RK/Residence" then hooray! Your rental information was successfully added to your credit report!
Not seeing "RK/Residence" yet? Typically it takes anywhere from 7-10 business days for your information to be added to your credit report after we verify and send off your rental history.
Click on the account to see more details. Let's keep going!
You will see that the Original Balance and Monthly Payment both reflect your monthly rent payment amount. You can also see the date of Last Payment which reflects the most up-to-date information for your account. The last payment date shows the most current month that Rental Kharma has verified. The Reported date is the last time Rental Kharma uploaded your information to TransUnion. The Current Balance of $0 means that your rent has been paid in full for that month and every month that has been paid in the past. The Opened date will be the start of your lease.
If you have any questions about finding Rental Kharma on your credit report, please give us a call. Our number is 720-307-1466. We would be more than happy to help! You can always contact us for status updates, live help, or if there are any missing months on your account. We also offer free credit analysis sessions where we can help you identify further steps to continue on your journey of success. Why?