California renters can have monthly payments reflected on their credit scores under new law
California renters can have monthly payments reflected on their credit scores under new law
www.cbsnews.com California renters can have monthly payments reflected on their credit scores under new law
California will now require landlords of multi-family housing to give tenants the option to opt into having their rent payments reported to the credit bureaus.
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23 comments
This is a good idea, and hopefully will help people get a leg up. Better credit scores can save you money by opening up lower interest rates.
47 0 ReplyWe started this in Canada earlier this year.
20 0 ReplyTIL.
Now I gotta talk to my landlord about registering for it.
Thanks for saying something about it. :)
13 0 Reply
Landlords will be pissed, this makes it easier for them to buy out of the system and reduces rent to purchase ratio.
13 0 Replyi love this; i think i'll move back to california
4 0 Reply
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