Rent payments have traditionally not influenced credit scores, leaving renters without a way to improve their creditworthiness. RentenPe changes that by introducing India’s first Rent Credit Score, allowing tenants to build their financial profile based on regular rent payments.
Benefits:
- Build Credit History: Rent payments now contribute to your credit score.
- Access to Rent Loans: Tenants in financial difficulty can access rent loans.
- Path to Homeownership: A strong rent score can help secure home loans in the future.
With RentenPe, timely rent payments can be as beneficial as paying off loans or credit cards, closing a key gap in the financial system.