How RateLoft reports
On-time rent only
Late or missed payments, collections and evictions are never reported.
With consent
A resident is reported only after signing consent at the property. Opt out at any time.
Free for residents
Residents never pay. Opting out has no effect on the lease.
How it works
- The property manager joins. RateLoft checks and approves the business before any data goes out.
- The resident signs consent. The rent reporting consent is part of the lease addendum.
- RateLoft sends the file. Each month RateLoft reads the property's rent ledger, keeps on-time payments for enrolled residents, checks the file and sends it to Experian.
- The payments can appear on the resident's Experian credit report. Each on-time month adds to the resident's rental payment history.
HUD guidance
RateLoft follows HUD's January 2025 FAQ on positive rent reporting in HUD-assisted housing.
- Resident consent before reporting.
- Positive-only reporting.
- No use of information collected to verify income or program eligibility.
Who we are
RateLoft LLC is an affiliate of Flagstone Community Foundation, a nonprofit organization.
Flagstone Community Foundation is an independent 501(c)(3) that runs affordable housing, healthcare, and social-service programs across 18 states.
RateLoft is responsible for the accuracy of what it reports and handles every dispute about it.