We want to make sure that you have a path to understand what was reported through Openroom has reached and shows up on the Tenant’s credit history report.
It can take anywhere from 2 weeks to 6 months for it to show up on a report. The entire process is not a transparent process as we’d like it to be with credit bureaus.
After 6 months of using the Openroom Rental Debt Ledger, you will have an option to work with our official Openroom Partners to pull an Equifax Report on the respective tenants.
Every single report you request our partners to pull means it’s a hard-hit on the Tenant’s credit history profile. Each hard-hit affects a tenant’s score and profile negatively.