Single-family home rental operators are taking considerable steps toward helping their residents improve their credit scores and, in some cases, remove their "credit invisible" status by working with service providers who report on-time rental payments.
By doing so, residents potentially see an increase of 20 to 100 points on their credit scores if their rental history does not contain any late payments, according to one single-family rental home operator.
For residents without an existing credit score, they can potentially achieve one in the mid-600s simply by adding on-time rental payments to their credit file.
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