Payments are reported directly to Equifax, Experian and TransUnion to help build credit history.
Greenville, SC, August 13, 2015 –(PR.com)– PropertyBoss Solutions, a provider of enterprise property management software solutions, announces a partnership with RentTrack that allows customers to pay rent online while building a credit history. RentTrack, a leader in online rent payments, offers a seamless interface with the PropertyBoss system for payment collection convenience. As a pioneer in rent reporting, RentTrack is the only online rent payment provider who reports to all three major credit bureaus: Equifax, Experian, and TransUnion. In fact, residents can view their latest credit score and profile with helpful hints when they sign up to start them off on the right track.
RentTrack’s seamless integration with PropertyBoss will post payments to resident’s ledgers as they are made and provide an easy onramp for existing PropertyBoss clients. The integration will ensure PropertyBoss customers a smooth, online monthly payment process using e-Check or a credit card. PropertyBoss is used by owners and property managers daily to manage over one million units in multiple markets including apartments and multi-family; residential and third party owners; student housing; homeowner associations (HOAs); and commercial properties.
“We want our clients to be able to participate in this significant paradigm shift in consumer credit,” said Michael Mino, CEO, PropertyBoss. “With RentTrack, they’ll be able to offer their residents the ability to build their credit by incorporating their rent payments into their consumer credit profile.”
RentTrack empowers residents to pay the property manager in the format they desire: online with e-Check or Credit Card. The easy to use software or mobile app reduces late payments through credit awareness, rent reporting, and next day direct deposit, all while eliminating the hassle of paper checks.
“We know property managers are busy professionals, and find it difficult to add another amenity if it means additional work,” said Matt Briggs, CEO, RentTrack. “That’s why we’re working closely with PropertyBoss Solutions to create a smooth payment process and seamless integration where everything is kept up-to-date behind the scenes.”
For decades, renters have been unable to build credit history in the same way as homeowners. This is changing today, as the major credit bureaus and FICO have rolled out programs to incorporate rental payments into their data and scoring models.
RentTrack® gives residents a real reason to pay rent online and on-time. RentTrack’s online rent payment system can report rent payments directly to major credit bureaus to help residents build credit history. For the first time, consumers have a new avenue to build credit without incurring debt. RentTrack makes it easy to accept credit cards and e-checks online while maintaining an easy integration with the accounting software. For more information, visit renttrack.com.
About PropertyBoss Solutions
PropertyBoss®, the flagship product of PropertyBoss Solutions®, is an enterprise property management system designed specifically for today’s property and association manager. Through a “best of breed” integration with QuickBooks® and a solution with unrivaled functionality, PropertyBoss helps property managers of all sizes increase occupancy rates, reduce operating costs, and improve the overall productivity of their operations. Implementations are supported by a team of experienced professionals committed to ensuring that your investment in a property management solution yields the highest possible returns. For more information, visit propertyboss.com.