Having your rent payment history on your credit report can be a great way to build credit, establish a solid record of payment history and add a new account without having to apply for a line of credit.

What happens if you have late rent payments?

In credit reporting, everything revolves around payments being 30/60/90 days late. If you were ever 10 days late or even 20 days late on rent, you are still good to use Rental Kharma to help you build credit. 

If you were more than 30 days late then we are not likely to help you and your score.
 

Does Rental Kharma report late payments?

We do report on-time rental payment history to TransUnion, but if you end up having months where rent was paid over 30 days late, we are required to report that information as well.


If you have any further questions or concerns, send us a message via our online chat feature. It's the little orange bubble right down there in the bottom right corner! You can also reach us with a phone call at 720-307-1466.

Did this answer your question?