RentRedi's Credit Boosting feature allows for on-time rent payments to be reported to TransUnion. This helps to lift a tenant's overall credit score and is a great perk to offer your tenants.
Tenants have the ability to enroll and pay for this option on their own from their RentRedi app. Here's how.
If this option is enabled by the Landlord or Owner account, the fee will be charged to the primary RentRedi account holder with the same payment method used for RentRedi subscription charges. The plan auto-renews for the length of the lease until it is canceled.
Monthly plan - $5.99/month billed each month for each enrolled unit
Previous Months - $5.99 charged for each prior rent payment the tenant has submitted through RentRedi
Enroll in Lanlord-Paid Credit Boosting for Tenants
Credit Boosting can be enabled by the unit as desired. Here's how:
From the RentRedi Dashboard click Renters from the left-hand menu and choose Credit Boosting
Click Add Credit Boost
Select the Property and Unit desired
(Optional with additional fee) Check the box to cover past rent payments if desired
Click Add Credit Boost to enroll
Unenroll from Landlord-Paid Credit Boosting for Tenants
Unenrolling from covering your tenants’s credit boosting is just as simple:
From the RentRedi Dashboard click Renters from the left-hand menu and choose Credit Boosting
Click on the enrolled unit
Click Cancel Plan
