What is Experian RentBureau?

Your rent is likely one of the biggest bills you pay each month, but did you know it doesn’t automatically help your credit score? The good news is that with the help of your landlord or a third-party rent reporter, it can. Experian RentBureau is the largest and most widely used database of rental payment information, currently including data on more than 26 million residents nationwide.

How Does Experian RentBureau Work?

Property management companies and third-party rent reporters send rental payment data directly and automatically to RentBureau daily or monthly. This data is then used to provide property management companies with information as part of their resident screening services. This detailed information enables organizations to make better-informed decisions when reviewing new rental applicants’ payment histories.

What Does My Experian RentBureau Report Show?

Your RentBureau consumer report documents information related to your rental history. If you have rented from a property manager who submits rental data to Experian RentBureau, you likely have a report. Your RentBureau report contains information such as:

• Details on the leases you have signed
• On-time rent payments
• Any bad check history
• Outstanding balances or rental debts

Positive rental payment behavior recorded in your report can help you find a new place more easily, as you’ll appear as a desirable tenant who pays in full and on time. Conversely, negative entries on your report may make it harder to rent.

How Can I Request My Experian RentBureau Report?

Checking your Experian RentBureau report is a good idea, especially if you’re looking to move to a new rental soon. Every 12 months, you can request your rental history report for free directly from a reporting agency. You can check your RentBureau report by mailing in a request form or calling 877-704-4519.

How Can I Dispute My Experian RentBureau Report?

If you spot something on your Experian RentBureau report that you believe is incorrect, you have the right to dispute information on your rental report. As part of this dispute, you’ll submit a request for investigation with supporting documents to help RentBureau look into the matter. You can open a dispute by:

• Filling out the dispute form
• Gathering supporting documentation such as canceled checks, utility bills, and legal documentation
• Mailing the forms and documents to P.O. Box 26, Allen, TX 75013 or calling 877-704-4519

What if I Don’t Have an Experian RentBureau Report?

If you have never rented from a property manager or landlord that submits data to Experian RentBureau, you may not have a RentBureau report. If you would like to have a RentBureau report and have your positive rental data added to your Experian credit report, consider asking your landlord to opt in to reporting to RentBureau. Your landlord can opt in to submitting rental data directly or by using a rent payment service that works with RentBureau. There may be small fees associated with some of these rent reporting services, which may be your responsibility as the renter.

Getting Credit for Paying Rent

Don’t let the opportunity to get credit for your on-time rent payments pass you by. Work with Experian RentBureau to get your rental data reported and verify its accuracy on your report. It could help you find a new apartment more easily or give your credit score a bump.

Contact O1ne Mortgage for Your Mortgage Needs

At O1ne Mortgage, we understand the importance of building and maintaining a good credit score. Whether you’re looking to buy a new home or refinance your current mortgage, our team of experts is here to help. Call us today at 213-732-3074 for any mortgage service needs. Let us help you achieve your homeownership dreams!