Across the country, access to credit is changing for the better—especially for renters. Thanks to recently passed legislation, large-scale studies, and innovative pilot programs, reporting rent payments to credit bureaus is transforming from rare perk to expected norm. At CredHub, we’re proud to power this positive shift for both renters and housing providers.
California’s AB 2747 Takes the Lead on Rent Reporting
California’s landmark AB 2747 now requires most landlords to offer tenants the option of having their positive rent payment history reported to major credit bureaus. By automating this through CredHub, landlords stay compliant and tenants unlock a simple path to credit-building with every on-time rent check.
Proof in the Numbers: Rent Reporting’s Tangible Impact
New data shows rent reporting moves the needle on credit inclusion. A June 2025 Urban Institute study found it raises the share of renters with credit scores by 12 percentage points and helps many to reach near-prime status (VantageScore 601+). It also lowers past-due debt levels without adding any measurable credit risk.
Source: CRE Daily | NLIHC | NY Times
Innovative Pilots: From NYC to Nationwide Adoption
In June 2025, New York City teamed up with Esusu to let tenants, especially those in affordable housing, report rent payments. Early metrics are clear: participants see credit score bumps and greater access to mainstream loans, credit cards, and mortgages.
Source: NYC Housing Development Corporation
Why Now Is the Moment and Why CredHub Leads the Way
Rent data has long sat unnoticed. Today, thanks to new laws and proof points, it’s a vital asset for financial health. CredHub empowers property managers to automate reporting, manage compliance, and deliver life-changing credit boosts to renters.
While we offer positive-only rent reporting, so every on-time payment counts toward your tenants’ credit, you’ll see the greatest impact with full-file reporting. Just like mortgage and auto lenders report both on-time and late payments, our complete reporting option gives bureaus a true, 360° view of rent debt performance. By recommending full-file reporting, CredHub helps housing providers present a transparent credit picture and renters build strong, durable credit profiles.
Next steps for Property Managers and Residents
With laws evolving and results mounting, we urge landlords and property managers: Don’t wait – embrace rental credit reporting now, both for compliance and to give your tenants a critical financial edge. And renters: ask your landlord to start reporting, your path to better credit might just start with next month’s rent.
Want to learn more?
Contact us to see how CredHub can simplify reporting and set your residents on the fast track to credit success.
FAQs
Q: What is rental credit reporting?
A: Rental credit reporting is the process of sharing rent payment data with major credit bureaus so tenants can build or improve their credit scores.
Q: Who benefits from AB 2747 in California?
A: AB 2747 empowers California renters by giving them the right to have positive rent payments reported, resulting in opening doors to better loans and lower interest rates.
Q: Does rent reporting pose credit risk for landlords?
A: No. Studies (Urban Institute, 2025) show rent reporting lowers past-due debt without increasing default risk for landlords.
Q: How quickly can renters see a score increase?
A: Many renters report measurable credit score improvements within 2–3 billing cycles after enrollment in a rent reporting program.
