Metro 2 Reporting for Property Managers & Landlords
Report rent payments to credit bureaus to help tenants build credit. Incentivize on-time payments and reduce collections.
Challenges for Property Management
Tenant Payment Incentives
Tenants often prioritize other bills over rent when there's no credit impact.
Collections Prevention
Late rent escalates to collections, damaging tenant relationships and requiring legal action.
Tenant Screening Limitations
Lack of rental payment history makes tenant screening less predictive.
Administrative Burden
Manually tracking and reporting rent payments is time-consuming.
How Metro2 Helps
Payment Incentive
Credit reporting motivates tenants to pay on time to build their credit scores.
Reduced Delinquency
Properties using rent reporting see lower delinquency rates.
Tenant Benefit
Offer credit building as an amenity that attracts and retains quality tenants.
Automated Reporting
Connect to property management software for hands-off rent reporting.
Features for Property Management
1Property Management Integration
Integrates with Yardi, AppFolio, Buildium, and other popular platforms.
2Multi-Property Support
Manage reporting for hundreds of units across multiple properties.
3Tenant Portal
Give tenants visibility into their reported payment history.
4Late Fee Tracking
Track and optionally report late fees and other charges.
Who Uses Metro2
Multi-Family Operators
Large apartment complexes and multi-family portfolios reporting all tenant payments.
Single-Family Rentals
Individual landlords and SFR portfolios building tenant credit.
Student Housing
Help students build credit history with their rent payments.
Affordable Housing
Support tenant financial wellness in affordable and workforce housing.
Compliance & Regulations
Tenant Consent
Built-in consent management for tenant permission to report.
Fair Housing
Consistent reporting practices to avoid fair housing concerns.
State Rent Reporting Laws
Compliance with state-specific rent reporting requirements.
Frequently Asked Questions
Do I need tenant permission to report rent?
Yes, you need tenant consent to report rent payments to credit bureaus. Our platform includes electronic consent collection during lease signing or enrollment.
How is rent reported - as a loan or tradeline?
Rent is typically reported as an open-end account (Portfolio Type O) with the monthly rent as the payment amount. This creates a tradeline that shows payment history.
What if a tenant pays late?
Late payments are reported based on your grace period. Typically, you'd report late (30, 60, 90 days) only after the grace period expires, similar to other credit accounts.
Can I report historical rent payments?
You can report up to 24 months of historical payments when a tenant enrolls, if you have documentation. This gives tenants immediate credit benefit.
Related Industries
Start Reporting Rent Payments
Better tenants, fewer collections, credit building for all.