Tenants could find it easier to access finance such as
mortgages, with a major credit checking company now including information about
rental payments in its reports. Experian said it is adding the data to credit
reports, enabling firms offering finance to take these payments into account in
a similar way to mortgages. For some tenants, this could potentially help them
jump on to the property ladder and make it easier to access other types of
finance. The credit checking company said more than 150 social housing
providers, local authorities and letting agents are reporting data in an
initiative called the rental exchange. Read more on the Yahoo Finance website.
https://uk.finance.yahoo.com/news/rental-payments-included-credit-reports-230100820.html?guccounter=1
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