Rental Kharma
Build Credit with Rent.
Overview
Rental Kharma is a service that reports tenants' rental payment history to the credit bureau TransUnion. This allows renters to build a positive credit history, which can lead to better interest rates on loans and other financial benefits. The service can report both ongoing and past rent payments. It is designed for individual renters and can be used without the direct involvement of their landlord.
✨ Key Features
- Rent reporting to TransUnion
- Reporting of up to 24 months of rental history
- Ongoing monthly reporting
- No landlord involvement needed
- Roommate payment reporting
🎯 Key Differentiators
- Focus on reporting to TransUnion
- Ability to report roommate's rent payments
Unique Value: Provides a simple way for renters, including roommates, to build their credit history by reporting rent payments to TransUnion.
🎯 Use Cases (3)
✅ Best For
- Building credit history for those with a thin credit file
- Improving credit scores through on-time rent payments
💡 Check With Vendor
Verify these considerations match your specific requirements:
- Individuals who need reporting to all three credit bureaus
🏆 Alternatives
While it only reports to one bureau, it has a strong reputation and a straightforward process.
💻 Platforms
🛟 Support Options
- ✓ Email Support
- ✓ Phone Support
💰 Pricing
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