Credit Boosting for Occupants
Reporting on-time resident monthly or weekly payments
At Seekhaven, we understand the importance of financial well-being for both providers and occupants. That’s why we’ve partnered with Esusu to offer a unique solution that enables occupants to enhance their credit scores by reporting on-time fee payments.
How It Works:
When your occupants pay fees through the (Seeker) Seekhaven portal they have the opportunity to report all payments to TransUnion, Equifax and Experian, thereby boosting their credit score.
Benefits of Having Credit Boost:
77% of seekers prefer the one with payment reporting.
Credit scores may increase by as much as 26 – 45 basis points following a 9 months of payment reporting.
Benefits of Adding Credit Boost:
- Encourage On-Time Payments: 7 in 10 occupants are more likely to make on-time fee payments if providers report payments to a credit bureau.
- Attract Quality Seekers: Given the choice between two identical properties, 67% of seekers prefer the one with payment reporting.
- Increase Credit Scores: Seekers’ credit scores may increase by as much as 26 basis points following a year of fee payment reporting.
Enroll in Provider-Paid Credit Boosting for Occupants:
Credit Boosting can be enabled for each unit as desired. Here’s how to get started:
Unlock the potential for financial growth and stability for your occupants with Seekhaven’s Credit Boosting for Occupants.
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*Terms and conditions apply. Seekhaven’s Credit Boosting for Occupants is subject to Esusu’s terms of service and approval. Results may vary based on individual credit histories and reporting practices.*