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Updated 6 months ago,

User Stats

6
Posts
6
Votes
Colton Carew
Pro Member
6
Votes |
6
Posts

Money Orders vs Online Payments reported to Credit Bureaus

Colton Carew
Pro Member
Posted

I have a potential tenant who is requesting to pay rent by money order rather than through the RentRedi platform. 

Their claim is that paying rent by money order will help them in some way when it comes time to purchasing a home in the future. Can someone explain why payment with money order would be better than reporting payments to credit bureaus through RentRedi?


Personally I see money orders as a pain to deal with both for the tenant and for myself by adding unnecessary steps. 

  • Colton Carew
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