Reward Your Tenants While Reducing Delinquencies

FrontLobby is a trusted partner for Landlords.

Landlords use FrontLobby to secure better renters, reduce delinquencies and drive operating efficiencies. A membership with FrontLobby provides Landlords with access to pull Credit Reports, Report Rent Payments to the Credit Bureaus, Utilize Recordkeeping and recover rental debt from former Tenants.

“Our goal to enable Landlords to run more profitable businesses while helping responsible tenants unlock and access future credit-related rewards” Zac Killam, CEO FrontLobby.

With FrontLobby rent payments can be shared with Equifax and Landlord Credit Bureau and will be reflected on a Tenants Credit Report and Tenant Record. Landlords incentivize on-time rent payments; Tenants build credit.

Rent Reporting is one of the easiest ways for Landlords to reduce delinquencies and recover rental debt, while rewarding their responsible Tenants with improved credit. Rent Reporting to the Credit Bureaus can reduce delinquencies by 36% and significantly lower Tenant eviction rates. Tenants have reported 40+ point bumps in their credit scores in just a matter of months.

With FrontLobby rent payments can be shared with both Equifax and Landlord Credit Bureau and will be reflected on a Tenant’s Equifax Credit Report and LCB Tenant Record.

Good credit builds over time and requires a mixture of credit accounts. When rent payments are reported as a trade line on a Tenant’s Credit Report, they can build good credit and unlock credit related rewards faster.

Responsible Tenants can opt-in to see their rent payments build credit, when a rental agreement is broken by and intentional nonpayment, the delinquency will be shared with the Credit Bureaus and will show on the debtor’s Credit Report.

Tenant screening services are used by Landlords and Property Managers during the Tenant application process. A tenant screening service typically includes rental references from previous Landlords, a Tenant background check as well as income and employment verification, and a Credit Report.

Credit Reports from FrontLobby are the best solution for Landlords looking to utilize Tenant screening services. With FrontLobby, Landlords can access instant, long form Equifax Credit Reports that include credit score as well as a verified payment history and previous Landlords’ contact information from Landlord Credit Bureau. Tenant screening services from FrontLobby cost $10.99 for Premium members and $17.99 for Basic members.

FrontLobby’s Tenant screening service is trusted by Landlords and Property Managers who want an affordable, fast, easy to read Credit Report with no hidden fees, no mandatory subscription, and no added registration costs. Before a Landlord can start Tenant screening, consent from a prospective Tenant is required to pull a Credit Report as well as a Tenant’s full name, date of birth and previous address.

My Tenant invited me to join FrontLobby, what do I do next?

Many tenants want to build their credit through Rent Reporting. Using FrontLobby Tenants may invite their Landlord to report rent payments to the Credit Bureaus through FrontLobby.

If you received an invite from your Tenant please create an account with FrontLobby, this will only take a few minutes and is free to sign up. Once your account is complete, log in to view your Tenant’s draft lease. Review the details and click approve.

Tenants have the option of paying for Rent Reporting to Credit Bureaus and a Landlord only needs to log in every 60 days to keep their account active.