Credit Reporting

Piñata’s credit reporting product provides full-file reporting to over 400k renters. I created and manage the program, taking us through data furnisher compliance with all three credit bureaus, an integration with Equifax’s KYC and device authentication software, and created a data reconciliation engine to ensure we have accurate and necessary data to report.

 

Problem

Over 40 million Americans receive no long-term benefit for paying rent on-time.

Goal

Improve renter credit scores, giving them a return for every on-time rent payment.

Solution

Become a data furnisher and report rent payments to the three major credit bureaus.

 

Average credit score increase

 

Impact

  • Significant increases in renter credit scores, up to 270 points. 

  • Increased on time rent payments for property managers. 

  • Increases property value for property managers.