How NextGen Homeowners Helps You Build Real Credit While Renting
Why Renters Need Credit-Building Support
Many renters pay thousands monthly, yet those payments don’t help build a credit history. In the U.S., renters are seven times more likely to be "credit invisible" than homeowners.Experian This leaves millions locked out of financial doors — from loans to lower interest rates.
Real Credit Improvements Through Rent Reporting
Rent reporting makes a tangible difference:
A TransUnion study found that adding rent payments to credit files raised average credit scores from 619 to 636 within six months.S&P Global
The Urban Institute reported that priority renters gained near-prime credit scores, with people scoring below 600 seeing gains of 42–45 points over 12–24 months.Urban Institute
According to TransUnion, rent reporting boosts scores by almost 60 points on average — especially for those with limited credit history.TransUnion
Why Rent Reporting Works
Inclusive scoring models like VantageScore and FICO 9 now incorporate rent payment data.vantagescore.comInvestopedia
Rent is often the largest monthly expense for many renters, yet it hasn’t traditionally counted toward credit history. Even reporting utilities has shown substantial credit benefits.Wikipedia
Expanding rent reporting can promote financial inclusion — especially for underserved communities.AP NewsHousingWire
How NextGen Homeowners Supercharges Your Credit
1. Free Rent Reporting to Credit Bureaus
Unlike most landlords, we can report your monthly rent — on-time — directly to major credit bureaus at no charge to you. That consistent positive activity becomes a powerful credit-builder.
2. Partnerships with Credit-Building Experts
Need help resolving past issues or improving your score? We connect you with trusted credit-building services that create a roadmap to help you qualify for a mortgage.
3. Live in the Home You Love While Building Credit
You don't just rent — you invest in your future. Payments you make now contribute toward your dream of ownership.
The Bottom Line
Rent-to-own isn’t just a way to live in a home—it’s a credit-building opportunity. By combining rent reporting with credit support services, NextGen Homeowners turns everyday rent payments into meaningful steps toward homeownership.
Ready to start building real credit while renting?
Contact us today to learn how our program can help you become a homeowner — with every on-time rent payment moving you closer.
