Credit bureaus are testing the inclusion of rent payments in credit scores, saying it's a positive move launched by Ottawa. But critics fear the move could compound the issues faced
Credit bureaus are testing the inclusion of rent payments in credit scores, saying it’s a positive move launched by Ottawa. But critics fear the move could compound the issues faced
No missed rent payments affecting credit score unless/until rent payment history can qualify you for a mortgage.
Rent payments can and should prove financial ability to service a mortgage, and it’s high time we gave people this tool. Rent will always be more than a comparable mortgage, so disregarding this financial history is punishing the poor for the crime of poverty.
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No missed rent payments affecting credit score unless/until rent payment history can qualify you for a mortgage.
Rent payments can and should prove financial ability to service a mortgage, and it’s high time we gave people this tool. Rent will always be more than a comparable mortgage, so disregarding this financial history is punishing the poor for the crime of poverty.