Credit Builder for student housing
Rent paid on time
should build credit.
Credit Builder reports your residents' on-time rent to the credit bureaus. Students build credit from rent they already pay. Your communities earn revenue on every enrollment, at no cost to you.
Resident-funded
No cost to your communities. No budget cycle.
New revenue
You earn on every enrolled resident, every month.
Runs on your PMS
Yardi, RealPage, Entrata and ResMan. Most properties go live within 30 days.
Why it fits student housing
Your residents are just getting started.
Rent is the biggest bill a student pays. Credit Builder makes it count toward the credit history they'll need for their next apartment, car or card.
Thin files
Many sign their first lease with little or no credit.
Every on-time payment reported gives them a record to build on while they're still in school.
By the bed
Priced per enrolled resident, not per unit.
It works the same on an individual bed lease as it does on a conventional lease.
Lease signing
Add it once and every new resident can enroll.
Set it up before pre-leasing and it's part of every lease your teams sign for fall.
How it works
Four steps.
Your site teams barely touch them.
Residents enroll at lease signing
Credit Builder is offered as a resident benefit. Residents can opt out in one click.
On-time rent goes to the bureaus
Union reports each on-time payment every month. Late payments are never reported.
Your community earns revenue
You set the resident price. The difference above Union's fee is yours.
Union handles resident support
Questions about reporting come to Union, not your leasing office.
What operators ask
The short answers.
What does it cost our communities?
Nothing. Credit Builder is resident-funded. Your community earns revenue on every enrolled resident.
Which property management systems does it work with?
Yardi, RealPage, Entrata and ResMan. There's no new system for your teams to learn.
How long does it take to go live?
Most properties are live within 30 days.
What happens if a resident pays late?
Nothing gets reported. Only on-time payments go to the bureaus.
Can residents opt out?
Yes, in one click, at any time.
Who answers resident questions?
Union does. Your site teams don't pick up the extra calls.
See it on your portfolio
What would Credit Builder earn across your beds?
Book 20 minutes. We'll walk through enrollment, pricing and what it adds up to for your communities.