Raise your credit score at no cost.

Your credit score is a three-digit number representing your "creditworthiness" - it's like a grade that assesses your ability to repay debt. Banks and other financial institutions use your credit score to determine whether or not they feel confident lending money to you. Scores can range anywhere from 300 to 850, and the higher your score is, the more likely you will qualify for financial products at lower interest rates.

In the United States, credit is your lifeline to the financial system. Having good credit makes it easier to achieve important milestones, like renting an apartment, refinancing student loans, buying a car, or getting a mortgage for your first home. Conversely, having bad credit or no credit makes all those things harder.

Esusu is a mission-driven company that works with property managers and renters, who choose to participate around the country, to report rental payment data into the credit bureaus as a way to improve renters' credit scores. Esusu is leveraging its network and resources to support renters in this difficult time.

Esusu is a secure, encrypted data processing and storage platform based in the cloud, that interfaces with property management systems via certified APIs. The system retrieves resident rental payment information for transformation and submission to credit bureaus on a monthly basis. Property managers interact with the system via a secure dashboard interface hosted in the cloud. File submissions to Equifax, TransUnion and Experian are undertaken via secure file transfer protocol to separate web portals controlled by each bureau.

Esusu does not report negative payment data to the credit bureaus. If you are late by more than 30 days, Esusu may cease reporting your data altogether.

No. This is a common misunderstanding. In the past, only late rent payments, usually from eviction or a lease skip-out, have been reported on credit reports sporadically. Today less than 1% of credit profiles include any rental data.

Esusu can report up to 2 years, or 24 months (counting from today’s date) of past rental payment history, as long as the resident in question was on the same lease that they are currently on.

The effects of reporting on-time rental payments are not immediately visible. It can take up to eight weeks for residents to see the impact on their credit reports.

Each credit bureau uses its own unique scoring models to determine your credit score, which can lead to discrepancies. Given these differences, lenders use FICO or VantageScore which are aggregates of credit scores from all three credit bureaus.

Esusu is plugged into the property management system, which notifies Esusu each month who has paid and who has not paid during the month. If you paid that month, Esusu will report those good payments which could help you grow your credit score. If you missed your payment that month, Esusu will not report you. You will no longer be enrolled in Esusu if you miss a payment.

If you wish to dispute the accuracy of the rental data submitted to the bureaus, please email Esusu Financial directly and they will work with us to investigate further. Esusu’s email address is [email protected] .

Yes, you can decide not to let Esusu access your payment history and report your rent payments. Every resident has the right to opt-out of this offer.