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Stock impact report

As RentRedi Expands Reporting to All Three Major Credit Bureaus, Landlords See 13% Jump in On-time Rent Payments [Yahoo! Finance]

TransUnion (TRU) 
Last transunion earnings: 4/28 06:50 am Check Earnings Report
US:NYSE Investor Relations: investors.transunion.com
Company Research Source: Yahoo! Finance
NEW YORK March 28, 2024 /PRNewswire/ -- RentRedi , an award-winning property management software that simplifies the renting process for both landlords and renters, has expanded its on-time rent reporting to all three major credit bureaus: Equifax, Experian, and TransUnion. The ability to report on-time rent payments helps tenants build and boost their credit scores , while RentRedi data shows that landlords are likely to see a 13% jump in on-time rent payments when using the RentRedi Credit Boost feature. RentRedi Credit Boost reports on-time payments to the three credit bureaus, and when combined with the ability for tenants to schedule automatic payments through the RentRedi app, there is added incentive and convenience to being punctual with rent payments. For example, RentRedi finds that rental units with tenants who have "poor" to "fair" credit scores (in the 300-669 range) yield on-time rent payments at a rate of 93% when using the credit boosting feature. Consequently, 7 in Show less Read more
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