Rentistry FAQs

Per the Fair Credit Reporting Act, FCRA, a Resident can only be considered delinquent if there is any outstanding balance on their rental payment 30 days after the due date.

Per the compliance guidelines from the Consumer Data Industry Association, a Resident can be reported delinquent if there is an outstanding balance on their account due to unpaid rent and/or recurring monthly fees as part of their rental agreement. Any one-time fees, such as a security deposit, are separate and not included in credit reporting.

No, a Property can choose not to report a Resident at their discretion.

Two of the most important variables Credit Bureaus look at when determining an individual's credit score is the ability to make payments both on-time and consistently over time. In short, month-over-month on-time payments go a long way in impacting a credit score, and the longer the history of both of these attributes, the better.

Reporting late payments is a common practice because it provides an accurate picture of a borrower's credit history and payment behavior, which is essential for assessing creditworthiness. If there are gaps in an individuals credit history (due to not reporting a negative month), a Credit Bureau may dismiss this tradeline's data as it would be inconsistent and therefore unreliable.

Residents can fill out the "Contact Us" form on this website, or email rentistry@foxen.com if they have any questions regarding the Rentistry service.

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