Survey: Only Half of U.S. Consumers Realize Rental Payments Can Be Regularly Reported to Credit Bureaus
Renters Are Confused About What Payments Impact Their Credit Standing
Nearly half (48 percent) of renters mistakenly believe rental payments are automatically reported to credit bureaus. The survey findings reveal widespread confusion about which payments are included in a consumer’s credit history. A majority wrongly believe payments for cable and internet fees (53 percent), utility fees (54 percent) and cell phone bills (52 percent) are regularly reported to credit bureaus. At the same time, less than a third (29 percent) correctly identified mortgage payments as data that is regularly reported to credit bureaus.
Being a thorn in your agent’s side could undermine your house hunt. If you want a friendly relationship with your agent, here’s what you shouldn’t do
Your real-estate agent may stand to make a nice commission off you, but that’s no reason to take him for granted. After all, the agent is working for you — as in, on your behalf. If inspired, he can think creatively and act quickly — for you. He can negotiate wisely and fiercely — for you.