Read Hud's Press Release for Rent Reporting.

NEW REPORT EXPLORES PROBLEM OF 'CREDIT INVISIBILITY' AMONG HUD-ASSISTED HOUSEHOLDS

WASHINGTON - Landlords and property management groups regularly use credit checks to make determinations about renting to potential tenants and many employers incorporate credit checks in hiring decisions. A low credit score or credit invisibility can thusly limit housing choice and employment opportunity for low-income families. A new first-of-its-kind study from the U.S. Department of Housing and Urban Development (HUD) and the Policy and Economic Research Council (PERC) finds that if the rent payments of HUD-assisted families are reported to credit reporting agencies, many of these households would cease being 'credit invisible.' READ MORE ->