Build Your Credit score

Tenant Credit Reporting Benefits:

1. Boost Your Credit Score 

This is the best and most obvious benefit of this feature. On time payments over an extended period of time can have a significant impact on someone’s credit score. Studies have found that reporting rental payments can increase one’s credit score by an average of 29 points after just 2 months.

2. Long Term Renting Benefits 

When deciding whether or not to rent short term or long term, most landlords run a full credit check. If you enroll in Innago's Credit Reporting, future landlords will be able to see proof of a long history of timely payments, making your application even more appealing.  

3. Financial Opportunities 

A better credit score also helps you qualify for better credit cards, better interest rates on car loans and home mortgages, and more financial opportunities. 

4. Free Add On 

If you're already making timely rental payments – why not gain some benefit from it?  Innago’s Credit Reporting is an easy way to build credit without taking on any debt. 

How does this feature work?

Here’s how simple it is for a tenant to start reporting their rent payments: 

1) From the Innago menu on the left, click the ‘Settings’ tab and from the drop-down menu, select ‘Build Credit’. 

2) On the center of this page, click ‘Start Building Credit’. 

3) Here, they will need to enter their full name, email address and date of birth. Select ‘Proceed’ to continue. 

4) By default, the toggle will be turned ‘On’. If a tenant decides that they would like to un-enroll, then they would simply need to turn this toggle to ‘Off’.