Moneyhub: Launches credit score-boosting ‘Rent Recognition’ feature
- Moneyhub, the market-leading Open Finance data, intelligence, and payments platform, has launched a new “Rent Recognition”
- The feature will drive financial inclusion by offering everyone a newer, simpler, and fairer way of building up their credit score
- Until now, renters have not been able to easily prove they have made regular payments to landlords
- The new feature makes it simple to send anonymized details of rent payments to credit reference agencies such as Experian
- Rent Recognition is a mission to improve financial inclusion and bring the benefits of Open Banking
- Also introduced a new Regular Recurring Transactions summary, which builds upon its Spending Analysis feature
