Improved Credit And Positive Tenant Records
Decrease the Time It Takes to Unlock Credit Related Rewards
- Add Rent Payments to Your Credit Report
- Create or Verify Your Lease
- Build a Positive Tenant Record
- Monitor Your Records
- Skip the Line – Get the Place You Want
How FrontLobby Works for Tenants
Add Rent To Your Credit Report And Tenant Record
Positive Tenant History
Receive an extra benefit for paying rent on-time with a verified Tenant Record.
Continue to pay rent on-time to improve your Credit Report and help repair poor credit history.
Preferred Tenant Status
Monitor your verified Tenant Record and use it to get the next place you want.
Proudly Featured In
Working To Improve Renting For Everyone
Easy To Get Started, Set Up Your Lease And Invite Your Landlord
"I didn't know you could add rent to your credit report until my landlord emailed me. It's been a few months and I saw my credit score go up so I am happy."
Unlock The Benefits Of Good Credit And Positive Tenant Records
Build Good Credit Faster
Tenants who pay their rent on time every month should receive credit for it, but most do not. Historically, rent has not been included on Credit Reports, FrontLobby aims to change this by elevating rent payments to the same level as consumer loans and credit card payments. Rent Reporting adds a new tradeline to your credit file while demonstrating a positive payment history over time, both are factors that help to boost your credit score. As a result, every rent payment made brings you closer to your credit goals.
Get Credit for Paying Rent
Traditionally, building credit through monthly payments has been reserved only for those with mortgages. FrontLobby wants to correct this inequality because it is unfair that millions of Tenants who make similar payments each month receive zero credit building benefits. Rent Reporting means a Tenant’s rent payment is shared with the Credit Bureaus and will be included in their Credit Report. If your rent payments are part of your Credit Report, lenders may view it in the same way as they would a mortgage payment, giving you access to the credit you deserve.
Unlock Good Credit Rewards
Poor credit, thin credit or no credit can be very expensive as most lenders do not want to take the risk and will charge higher interest rates as a result. One of the best things you can do to improve your financial health is to improve your Credit Report, which will decrease your interest expenses. FrontLobby’s Rent Reporting capabilities are liberating, decreasing the time it takes for Tenants to build credit. Tenants can take additional control of their financial wellness and improve access to credit rewards including better bank loans, credit cards and mortgage rates.
Loved by Tenants, Landlords and Property Managers
It has worked wonderfully for us, and our current tenants are excited to have their credit scores improving ….
Former tenants paid their overdue amounts expeditiously ….
Like Reply 2d
Vionell Holdings Partnership is extremely happy to announce our partnership with FrontLobby. This will allow our great customers to build their credit score faster by paying rent in a timely manner during their tenancy. This is a tremendous opportunity for new Canadians and students that would not have been able to build credit related to their rent payment history.
#propertymanagement #mb #realestate #bdnmb #multifamily
I’m asking my landlord to sign up for this currently!!
I’ve been paying on time and in full for 3 years, I’d love it to go towards my credit score.
I always pay my rent first thought, before anything else. So in case my credit score with Equifax isn’t amazing I can show potential landlords I always pay my rent.
My kids always need a home.
Like Reply 1d
It totally works. A previous tenant paid the owing rent even though they have moved out as it is reported on their credit bureau.
Like Reply 2w
East Vista Management has recently implemented the services of FrontLobby to help tenants build their Tenant Record and the feedback has been incredible!
#tenantservices #tenantrelations #propertymanagement #incomeproperty #propertymanager #creditrating
It is no surprise to anyone that the rental industry is filled with negatives and mistrusts among landlords and tenants. I have been in this field for over 20 years and feel the pain everyone is struggling. Upon explanation, I was delighted that you guys have brought such a positive change to this industry to allow landlords and tenants to work together to build their great credit and future, while landlords feel much more secure on nurturing a trustworthy relationship with tenants.
This is the best way to reward great tenants who pay their rent on time. This system is easy to use and is very effective at deterring non paying tenants.
We have been using LCB for almost a year. We have found great success with this service. A couple of points, 1. LCB customer service is excellent, we receive an email and or phone call in a timely fashion for every issue. 2. Set up was easier than we thought, we have a number of properties each with their own unique leases and tenant information. The LCB staff walked us through it. 3. Providing our business with a way of holding our tenants accountable has been a game changer for us. The LCB has elevated us to the next level of professional property ownership.*********************** If I was starting out today, I would use their services.
I own a property management company and we just became a premium member … effective May 1. In my opinion, the benefits are well worth the fees, especially during times like these! Not only can we register delinquent or non-paid rent against our tenant’s credit index reports, we can also collect outstanding rent through collections without an RTB order. I also love that we can reward tenants who pay rent in full and on time by increasing their rating! We are just about to announce to our clients that we are registered with the LCB and we can’t wait!
Like Reply 8m
This is amazing. I joined two days ago and reported tenants who don’t pay, it immediately flushed them out. I also reported excellent tenants and I hope it helps them improve their credit scores. This is a great tool to reward behaviour of good tenants and hold non paying tenants accountable. If you are a landlord and haven’t joined then you should.
Like Reply 3d
I have been using LCB Services for a few months now, and I am very happy with it. I was able to report a past tenant’s debt owed for unpaid utilities. As soon as the tenants started getting the reminder e mails of the debt owed and how it could affect their credit score, they reached out to me, and paid me what they owed in full. I will continue to use this tool, as I think it is very valuable. I get timely replies whenever I send them an e mail as well. Looking forward to when your “how to” videos are ready.
Thanks, it’s already starting to work. The tenant reached out after disappearing for months.
I am using this service and my tenants are all fans of having their rent reported to help build their credit. I haven’t had any delinquent payments, but it certainly is an incentive for tenants to pay their rent on time.
Like Reply 1w
We have been using LCB for a while and I think all landlords should have LCB in their screening toolbox in a professional way. Landlords should take advantage of these kinds of tools that are available to them. It helps good tenants and landlords improve the overall renting experience / landlording business. Very good customer service as well.
I wish all landlords would do this … all landlords are requiring credit checks now, they should at least be offering to report good payments too. Sometimes getting a hold of the previous landlord for a reference is difficult, this would help people out so much.
Like Reply 1h
I have subscribed to your services a few months ago to have my rent reported to the credit bureau.
I have seen an increase in my credit report the first months.
I have 2 tenants who are new to the country and no credit, This is a perfect program to help them get established and build credit.
Getting setup on the program was very easy, and when we reviewed my credit report after the first month of setting it up my credit score had increased by 37 points. I was shocked it would have such a positive impact on my credit score in such a short amount of time.
If You Still Have Questions, Visit Our Help Center Anytime
FrontLobby rewards responsible Tenants.
Tenants use FrontLobby to get the credit and rental property they deserve. A membership with FrontLobby grants Tenants the ability to get credit for paying rent on-time, improved credit report, build a positive Tenant Record, and even skip the line when choosing their next home.
With FrontLobby Tenants can see an increase on their Credit Report of 40+ points.
“We want to help responsible tenants unlock and access future credit-related rewards” Zac Killam, CEO FrontLobby.
As people build credit, they can gain better access to mortgages and qualify for lower fees and interest rates on credit cards and other lines of credit. These advantages allow for new opportunities and make it easier to accumulate wealth.
Building good credit takes time, consistency, and a combination of credit accounts with solid financial habits.
Historically, Tenants have not received credit for their largest monthly payment of all, which is their rental payments.
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.
Landlords often find themselves faced with multiple applicants for highly desired properties. In such cases, the deciding factor often comes down to something concrete and quantifiable, such as applicants’ credit histories. Unfortunately, renting to someone with little or no credit history can pose known and unknown risks and challenges for landlords.
This means many renters find themselves in a tough spot-especially those who are new to credit or new to the country.
Fortunately, a LCB Tenant Record allows renters to demonstrate a positive track record of paying rent even if they have a poor credit score. When landlords and tenants report rent payments to Landlord Credit Bureau Tenants can build a positive Tenant Record, allowing future landlords to evaluate prospective Tenants on more than just credit scores.
If you find any inaccuracies on your Landlord’s internal records or other information submitted to the Credit Bureaus through FrontLobby, please complete our dispute form and submit it to email@example.com
The dispute form with instructions can be found here.
Alternatively, if you have concerns regarding details on your Credit Report that are not related to rental data or believe you have been the victim of Identity Theft or Fraud, please reach out to the appropriate Credit Bureau directly.
For individuals in the US, you can read more about your rights under the FCRA here.
Additional details from the Consumer Finance Protection Bureau can be found here.
FrontLobby aims to facilitate proactive and positive conversations between Landlords, Property Managers and Tenants. When applicable, we encourage all parties to work towards a mutually agreeable payment plan.
If a payment plan is in place and a Tenant is paying according to the plan, no debts may be reported to the Credit Bureaus. Payments according to the payment plan should be recorded as being paid on time and the Tenant can use them to build their credit. However, if a Tenant stops paying according to the payment plan, the total outstanding debt may be recorded.
If a Tenant believes a debt is being reported when there is a payment plan in place, please follow our dispute process outline here. When submitting please attach a copy of the payment plan signed by both parties and proof of payment.