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Did you know that monthly rent is the single largest monthly expenditure in the US?

Rent is the single largest monthly expenditure for approximately one-third of the U.S. population, and until now, it has been missing from credit bureau files. This has been an industry-wide obstacle that Renters Credit Association, have now solved.

As of December 2010, Experian® started including positive rental payment data as part of a consumer’s credit file. This alternative data asset consists of rental payment histories collected by Renters Credit Association, through a national network of property management companies.

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