Thursday, December 5, 2013

FOR BUYERS: BUILDING YOUR CREDIT BY RENTING

Times have changed. In the recent past, paying your rent didn’t have any effect on your credit score, good or bad. I came across this article that explains a new system that has been put in place for allowing your rent payments to be used towards your credit score. If you have any questions, please let me know. As an Accredited Buyer’s Representative (ABR®), helping buyers is my business.

Can Paying Rent Boost Your Credit Score? by Angela Colley. Copyright ©1995-2013. NATIONAL ASSOCIATION OF REALTORS® and Move, Inc. All rights reserved.