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Unlock Additional Revenue While Boosting Resident Engagement

Credit Gnomes not only helps improve operational efficiency and reduce delinquencies, we also create opportunities to generate meaningful revenue for your bottom line. Whether you choose to pass through the cost of credit reporting or build a full Resident Rewards Program, the financial upside can be significant.

Resident-Paid Credit Reporting: A Win-Win

By offering credit reporting as a resident-paid benefit, your community gains an additional, consistent revenue stream. Most residents are not only willing to pay for this service, but they also value it. When they know their monthly rent payments can positively impact their credit score, engagement increases, and so does their satisfaction.

  • Typical Resident Fee: $7–$10/month
  • Value to Resident: Builds credit history with all three bureaus (Experian, Equifax, TransUnion)
  • Value to You: Predictable revenue, improved payment behavior, and longer average lease terms

Why Residents Are Willing to Pay

Today’s renters care about financial wellness. Credit reporting has become a high-impact amenity that adds real value to their renting experience. Residents focused on improving or building credit understand the long-term benefits—whether qualifying for a car loan, mortgage, or even a better job.

These residents:
  • Stay longer – Building credit takes time, and they don’t want to lose the progress they’ve made
  • Pay on time – Because their credit is at stake
  • Tell others – They promote your property by sharing their positive experience with others

Enhance with a Resident Rewards Program

If you decide to bundle credit reporting into a larger Resident Rewards Program, you can offer even more value while increasing revenue:

  • Identity theft protection
  • Credit monitoring
  • Financial Literacy Tools
  • Exclusive discounts and perks
  • Renter’s insurance verification
  • Loyalty rewards for on-time payments

This optional program can be fully white-labeled and integrated into your leasing and communication process, further positioning your brand as innovative and resident-focused.

Boost Retention. Add Revenue. Deliver Value.

Whether you choose to pass on the credit reporting benefit directly or offer it as part of a premium rewards program, Credit Gnomes provides the tools to increase NOI, improve resident satisfaction, and set your property apart from the competition.

Let us help you turn what was once a cost center into a value-driven profit stream.

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