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TransUnion Analysis Finds Reporting of Rental Payments Could Benefit Renters in Just One Month
DENVER, CO (Marketwired) - A new TransUnion analysis found that the reporting of rental payment information to the credit bureaus in a manner similar to other financial obligations could have a positive effect for the majority of subprime consumers' credit. The subprime segment of the population, those consumers who may be viewed as higher credit risks, could experience positive effects with only one month of on-time rental payment information. The findings were unveiled today at the National Apartment Association's Education Conference & Exposition in Denver.
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