Renters Get Credit Bounce from Paying on Time After Fannie Mae Change

Fannie Mae Factors Rent Payments Into Credit

From freedomist.com

Excerpt:

 

A move anounced by Fannie Mae to consider Rent Payments as a factor in assessing credit score could be an opportunity for renters to build good credit,  or just another way people who are struggling are further burdened in their effort to escape their lower state.  The mortgage giant announced plans to factor in rent payment history starting September 18th, 2021.

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