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What is Rent Credit Score?

Approximately 30% of your monthly income goes into rent payment. But while it's a constant subtraction on your expense tab, it doesn't add anything for your financial profile. Currently, timely and consistent rent payment is not even acknowledged as a financial parameter.

At RentenPe, we have come up with a unique concept – the Rent Credit Score (R Score™). The R Score™ is generated using an advanced algorithm based on various rental parameters. It is derived from the rental profile of the tenants who have registered on the app. If you have maintained a good R Score™, you will get better rental deals and going forward, fulfil your goal of becoming a homeowner too.

Start leveraging your R Score™ today to improve your financial standing and rental opportunities.

How to build your Rent Credit Score?

790 Continue using RentenPe app for timely rent payment with rewards for the next consecutive 12 months. Get pre-approved home loan.

740 Pay rent on time through our app for 6 consecutive months and get rewarded. Add 30 points to youR Score™.

710 Upload details such as income, work details like company name, education, family, etc. and earn up to 40 points.

650 The base score. Use our app to pay rent on time to build a stronger credit profile. Check eligibility for loan for rent and security deposit.

FAQs


Which payment methods are accepted on the app?arrow
How does RentenPe reward users?arrow
Are there any platform charges for rent payments?arrow
Will Rent Credit Score affect my CIBIL score?arrow
How do I pay Rent on the RentenPe app?arrow
How many days will it take to process the payment?arrow
What is in it for the landlord?arrow
I do not have a Registered Rent Agreement? What can I do?arrow
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