Credit Ladder allows tenants to be rewarded for paying their rent on time. They set up their rent payments to be recorded by us and we report the data to Experian. In return they get a credit benefit when they pay on time. This is similar to credit benefits house owners can receive for paying their mortgage on time each month.
Please direct them to our site and ask them to register. The service acts as an incentive for on-time payment so it is a benefit for your tenants to be registered to Credit Ladder. During the tenancy you would follow your usual rent collection and arrears handling procedures.