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Plan in NY to make timely rent payment count towards good credit scores

Published Mon, Oct 23, 2017 · 09:50 PM

New York

HUNDREDS of thousands of New Yorkers pay their rent on time every month without seeing those payments counted towards their credit scores, which can be used to determine how much they pay in interest rates on loans or even for cellphone service.

Unlike homeowners who pay a mortgage, renters do not reap the benefits for their dutifulness and punctuality - a distinction that Scott M Stringer, the city comptroller, called "an issue of inequality" in a city overwhelmingly filled with renters.

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Property

Property

Plan in NY to make timely rent payment count towards good credit scores

Property

Private home prices ease to 1.4% rise in Q1; rents fall a further 1.9%

Singapore office rents in central region fall 1.7 per cent in Q1 after rising for 9 quarters

Singapore retail rents slip 0.4% in Q1 as vacancy rates creep up

Country Garden plans to present debt revamp plan in H2, sources say

Hong Kong home prices rise for first time in 11 months after curbs scrapped

HDB resale prices accelerate, rising 1.8% in Q1 on stronger demand

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