Brokering Resident Liability and Resident Credit-Building Programs
Helping Residents Build Credit While You Reduce Delinquencies
Resident Credit-Building Program
Rent payments are one of the biggest monthly expenses for tenants—but they often go unreported to credit bureaus. Our Resident Credit-Building Program changes that by reporting on-time rent payments to help residents build or improve their credit scores, while property owners benefit from lower delinquency rates and increased on-time payments.
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Encourages On-Time Rent Payments
Tenants are more likely to pay on time when it impacts their credit score.
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Reduces Evictions & Collections
A higher percentage of on-time payments means fewer financial losses.
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Improves Resident Financial Wellness
Tenants build credit without taking on additional debt.
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Additional Revenue Opportunity
Properties can generate extra income through program participation.
Why Rent Reporting Matters
Tenants with limited credit history or lower scores often struggle to access financing. By including rent payments in credit reporting, they can improve their financial standing—while you, as a property owner, experience higher payment consistency and reduced financial risk.
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Residents Enroll in the Program
Offered as a standard benefit or optional opt-in.
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Rent Payments Are Reported
Monthly payments are sent to major credit bureaus
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Tenants Build Credit Over Time
Responsible rent payments positively impact their credit score.
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Property Owners Benefit from a New Revenue Stream
Incentivizes residents to prioritize rent.
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What does Resident Solutions do?We provide brokering and consulting services for Resident Liability and Resident Credit Building Programs for multifamily property owners and managers. Our solutions help generate revenue, reduce risk, and improve tenant financial well-being.
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How do your programs benefit property owners?Our programs create ancillary income, minimize financial losses from tenant-caused damages, encourage on-time rent payments, and reduce administrative burdens on property management teams.
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Are your programs easy to implement?Yes! We offer turnkey solutions that integrate seamlessly with property management systems. We also provide training and ongoing support to ensure smooth execution.
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How long does it take to implement your programs?Our team works quickly to set up your program with minimal disruption. Most implementations take just a few weeks, depending on the property size.
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Who do I contact for more information?You can reach us at (205) 447-4603 or reagan@resident-solutions.com for questions or to get started.
