Foreclosure

Foreclosure is forcing many homeowners become renters. A foreclosure is a very serious negative credit history. In some cases, it may take seven years for a consumer to overcome the negative effects of a foreclosure. Like other grantors of credit, landlords and property managers will need a compelling reason why they should consider a person with a foreclosure on their credit. Renter’s Credit is working with Landlords and property managers to establish a “Homeowners to Renters” program that provides safe affordable rentals to those who qualify. Sign up to use Renter’s Credit and begin building your credit file.

In addition, Renter’s Credit will use your timely rental payments as a starting point in re=establishing your credit. The housing payment / rental payment is given the highest consideration when making credit decisions.  This is a great way to start re-establishing your credit without the use of high cost credit cards or other personal debt.

Renter’s Credit, a better way to rent.