We are not fans of legalese that the average person does not understand. So, our privacy policy should be upfront, easy to understand and honest.
Rental Kharma is a third-party data furnisher. That means:
We collect your payment information from the sources you authorize.
We verify the accuracy of that information.
We furnish (send) the information to TransUnion and Equifax, two of the major credit bureaus.
TransUnion and Equifax may include this information in your credit file according to their policies.
We do not create your credit report, make credit decisions, or guarantee any specific score change.
Your Authorization & Consent
By enrolling in this service, you:
Give Rental Kharma permission to collect, verify, store, and share your payment data with TransUnion and Equifax.
Confirm that the information you provide is true, accurate, and complete.
Authorize us to communicate with your landlord, utility provider, or other billers as needed to verify your payment history or address longevity.
Understand that reporting is subject to TransUnion and Equifax’s acceptances and policies.
You may revoke this authorization at any time by contacting us, but any data previously reported may remain in your credit file as part of your credit history.
What We Report
We may report:
On-time payments
Past-due payments
Missed payments
Start and end dates for accounts
Other relevant account information permitted under credit reporting guidelines
We will never report anything you did not authorize us to verify and furnish.
Privacy & Data Protection
We protect your data using industry-standard security practices. Your information is only shared with TransUnion, Equifax or third-party service partners who support verification and reporting. We do not sell your personal or financial information.
Information We Collect
To provide rent reporting, we need certain identifying details, such as:
Your name
Date of birth
Current address
Your landlord or property manager’s name
Landlord or property manager’s phone number or email address.
This information helps us accurately verify your rental payments and ensure they are reported correctly.
How We Use Your Information
We confirm your identity and information using your name, date of birth and address to get your Social Security number from TransUnion directly.
Documentation may be required to prove your identity or address longevity.
We contact your landlord or property manager to verify your rental history.
Verified rental payment data is submitted to the credit bureaus for inclusion in your credit file.
Your information is used only for delivering and supporting the rental payment reporting service.
If you were referred to Rental Kharma by a partner (such as a realtor or lender) and used their partner code, we may let them know that you enrolled.
Revoking Consent
You may revoke your consent for Rental Kharma to collect, verify, or report your rental payment information at any time. Once consent is withdrawn, we will stop all future reporting to the credit bureau(s) and close your active reporting account. Please note that revoking consent does not remove previously reported information from your credit report. To revoke consent, simply contact our support team by phone or email.
Keeping Records
We securely store consumer consent and verification documents for at least five (5) years to ensure accuracy and compliance, per our data furnishing agreement with TransUnion and Equifax.
Changes to These Terms
We may update these Terms from time to time. If we make material changes, we will notify you before they take effect. Continued use of the service means you agree to the updated Terms.
Contact Us
If you have questions about these Terms or your service:
Rental Kharma, Inc.
Email: [email protected]
Phone: 720-307-1466
Website: www.rentalkharma.com
If you have any questions call us at 720-307-1466.