Dear Pay Dirt: I have reluctantly had to pay my rent one day late for the past three consecutive months.
Do I have any grounds to ask them to stop reporting? For some context, in my city, landlords are required by law to give a four-day grace period for late rent payments .I’m generally a fan of the various services that report rent to credit bureaus because it is an excellent way for people to build a credit history without borrowing money.
It’s becoming more common for property management companies to offer services likeas a perk to their tenants, though this is generally an opt-in service. Unfortunately, these services can hurt more than they can help if you pay late. But most of these services only report to one credit bureau. Request a free copy of your credit report from all three bureaus from
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