As a landlord, you understand the importance of responsible and timely rent payments. At Credit Rent Boost, we provide a rent reporting service designed to meet the needs of both landlords and tenants, while ensuring full compliance with California’s new law, AB 2747. This legislation requires landlords to offer tenants the option to have their rent payments reported to credit bureaus—aiming to improve financial stability for renters. By partnering with Credit Rent Boost, you’ll meet these compliance requirements seamlessly and economically.
We’re excited to announce our agreement with the Southern California Rental Housing Association (SCRHA)! As a valued member, you can now act in accordance with the state law while at the same time provide your tenants with the opportunity to have their rent payments reported to major credit bureaus such as TransUnion, Equifax, and possibly Experian. This allows your tenants to build credit history and improve their credit scores while incentivizing them to make timely rent payments.
Our service provides unmatched benefits, including the ability to report up to the last 24 months of rent payments, giving tenants an immediate credit history boost. Best of all, there is no additional cost for landlords enrolling 10 or more tenants. Tenants also gain a credit age attribute based on their lease start date, which can have a significant positive impact on their credit scores. This
gives your tenants an incentive to make rent payments on time. Studies show that longer credit histories result in stronger credit profiles, and your partnership with Credit Rent Boost enables you to offer this advantage to your tenants.
By taking proactive steps to meet the requirements of A.B. 2747, you’re not only staying compliant but also fostering financial responsibility and empowerment for your tenants.
We understand that landlords have different priorities when it comes to billing tenants. That’s why we offer flexible options to fit your needs. For landlords aiming to enhance goodwill with existing tenants, we provide free reporting for the first year, until the lease renews, or until a new tenant moves in. Alternatively, if you prefer to simplify your process and start tenant billing immediately, we can accommodate that too. The choice is yours—our plans are designed to adapt to what works best for you.
Our streamlined process handles rent reporting for all tenants on your lease agreements, making compliance with AB 2747 effortless.
By utilizing Credit Rent Boost, landlords have the opportunity to recover the service costs through tenant participation fees.
*Cost is per unit, not per tenant
EXPEDITED SERVICE: $100 | Have your new account reported to TransUnion & Equifax within 3 business days of receiving all documents and rent verification.
Landlord enrolls the tenant through their Landlord Portal or by submitting a spreadsheet of tenant’s information for batch uploading.
EXPEDITED SERVICE: $100 | Have your new account reported to TransUnion & Equifax within 3 business days of receiving all documents and rent verification.
Landlord sends a co-branded enrollment link to the tenant, and the tenant enrolls themselves.
(discounts available for roommates)
Landlords will receive $20.00 for each account that begins active reporting.
EXPEDITED SERVICE: $100 | Have your new account reported to TransUnion & Equifax within 3 business days of receiving all documents and rent verification.
Landlord sends a custom enrollment link to the tenant, and the tenant enrolls themselves on our website.
*Cost is per unit, not per tenant
EXPEDITED SERVICE: $100 | Have your new account reported to TransUnion & Equifax within 3 business days of receiving all documents and rent verification.
Landlord enrolls the tenant through their Landlord Portal or by submitting a spreadsheet of tenant’s information for batch uploading.
*Cost is per unit, not per tenant
EXPEDITED SERVICE: $100 | Have your new account reported to TransUnion & Equifax within 3 business days of receiving all documents and rent verification.
Landlord sends a co-branded enrollment link to the tenant, and the tenant enrolls themselves
(discounts available for roommates)
Landlords will receive $20.00 for each account that begins active reporting.
EXPEDITED SERVICE: $100 | Have your new account reported to TransUnion & Equifax within 3 business days of receiving all documents and rent verification.
Landlord sends a custom enrollment link to the tenant, and the tenant enrolls themselves on our website.
California AB 2747 Compliance Made Easy
Improve tenants' credit scores.
Better Tenant Retention.
Minimal work is required by you as a landlord.
Enrolling and updating tenants is made easy! We have direct API connections with Property Management Software and an amazing Landlord Portal.
Credit Rent Boost’s service is cost-effective for recovering monies due from both existing tenants and tenants who have left without proper payments.
Tenants who miss payments do not gain positive credit history for that month, providing an incentive for timely rent payments
Account Upgrades: Past Rent Reporting available for up to 24 months.
Cost is billed per unit, not per tenant.
Landlords are allowed to charge tenants for the rent reporting service. However, the fee must not exceed the actual cost incurred by the landlord or $10 per month, whichever is less.
We report to TransUnion & Equifax. If you are an Apartment Complex, or Property Management Company, we can also report to Experian. Experian does require an additional vetting process.
For landlords managing 1-9 units, the monthly cost is $4.00 per month, per unit, and new leases are billed at the prices within the 1-9 unit pricing section. For those on our 10+ unit plan, all new leases are billed at a rate of $2.50 per month.
* Only required for Individual Owners
Our Goal is to make the rent reporting process easy for you – the landlord!
Your Tenant’s can see results in a little as 2 weeks!
