Thousands of tenants could find it easier to get onto the housing ladder and get better credit deals as Equifax includes rent in credit scores. How to be included.
Which? explains how Nesta Open Up 2020 finalists including Creditspring , Canopy and Toucan plan to transform borrowing, saving, credit scores and more using Open Banking.
More than 1.2 million tenants across the UK will now have their rent payments recorded on their Experian credit reports - which could make it easier to get access to better rates on loans, credit cards and mortgages.