Rent Payments and your Credit Score
We've partnered with the UK’s first and biggest rent reporting platform, CreditLadder. If you pay your rent on time and wish your rent payments counted towards your credit score, then now they can.
We realise that for nearly all tenants, rent is their biggest monthly expense. What comes as a surprise for most people is that unlike on time mortgage payments, on time rent payments are not added to an individual’s credit score. A healthy credit history is vital for us all as it helps secure better deals on credit cards, loans, utility bills, and even mobile phone contracts.Our partnership with CreditLadder helps our tenants sign up for free and ensure that rent payments are added to every tenant’s Experian credit history.
As a tenant you will simply need to register on the CreditLadder website. Your landlord/agent doesn't have to use CreditLadder as you pay the rent in the same way you usually would. Rent reporting is 100% free.
CreditLadder always acts in full compliance with the Data Protection Act. CreditLadder uses bank-grade encryption and is members of the Information Commissioner’s Office (ICO, registration number 10074481) which is the UK’s independent authority set up to uphold information rights in the public interest, promoting data privacy for the individual. CreditLadder adheres to best practice for data protection and CreditLadder never store your bank login credentials.