In July alone, over 78,000 renters utilized the platform to report their monthly payments, marking a 26% increase compared to the previous year. This growth highlights the urgent demand for tools that bridge the gap between monthly living expenses and long-term credit health. According to data from VantageScore, incorporating rent history into credit files could qualify nearly 4 million U.S. renters for a mortgage.
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Zillow Rent Reporting Program Hits 2 Million Payment Milestone
Nearly one-third of mortgage applicants are rejected annually due to thin credit files, making insufficient history the primary barrier to homeownership. To combat this, Zillow has expanded its rent reporting program, successfully logging nearly 2 million on-time payments to credit bureaus to help renters build the financial credibility lenders demand.
Michael Sherman, senior vice president of Zillow Rentals, noted that credit history serves as a significant hurdle for potential buyers. By treating rent as legitimate evidence of financial responsibility, the company aims to move renters closer to the housing market. Beyond its native payment portal, Zillow expanded access in late 2025 through its CreditClimb tool, powered by Esusu. This broader integration allows renters who do not pay through the Zillow platform to report their data, with participants seeing an average credit score increase of 53 points.
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