Rent payments via mobile devices continues to pick up steam for convenience as well as reporting each on-time rent payment to major credit bureaus. Missouri’s FasterHouse is the latest to jump on the RentTrack bandwagon.
FasterHouse contracted with RentTrack to provide this easy and convenient payment method. Tenants can pay their rent with an e-check using their bank account or with a credit card. It also allows tenants to set up automated, recurring payments each month so that their rent is automatically taken care of, thus eliminating the chance of being late.
RentTrack can also help tenants take care of their credit score. Not only does it have a feature that lets tenants view their credit scores, RentTrack also reports each on-time rent payment to major credit bureaus as a way to help them improve their credit score. This particular feature is attractive to tenants who wish to Rent-to-Own their homes.
The Company says the majority of its Rent to Own tenants are unable to buy a home because of past issues with their credit. If they create a history of paying rent on time while they are living in a home they hope to purchase, they can improve their credit rating much more rapidly. FasterHouse sees this business relationship with RentTrack as an excellent way to help tenants take control of their credit standing.
FasterHouse buys, sells, and rents homes in the St. Louis area. Specializing in no-hassle, convenient and dependable services, FasterHouse helps home owners sell their homes quickly or buy move-in ready properties. Faster House also gives families the opportunity to rent or rent-to-own quality homes throughout St. Louis and St. Charles Counties.
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