Consumers typically prioritize payments for expenses that are reported to Credit Bureaus; i.e., car loans, credit cards, etc., since late payments can negatively affect their credit score. Consequently, when a landlord/property manager is reporting rental payments, tenants are more likely to pay on time. Research has proven that implementing rental payment reporting has dramatically decreased late payments and delinquencies. Furthermore, recent surveys show that most renters today are more likely to rent from a landlord that reports rent payments, as timely payments can help them improve their credit score. Thus, rent payment reporting is a service which can help attract more responsible, credit-conscious tenants to your properties.