Core Insights - Zillow has launched CreditClimb, a credit-building tool for renters, allowing them to report on-time rent payments to credit bureaus for an annual fee of $20 [1][2] - The initiative aims to help renters improve their credit scores, with the potential for significant financial benefits, including access to better financing options and homeownership [3][4] Company Overview - Zillow Group, Inc. is focused on transforming the real estate experience, providing digital solutions to help individuals find and secure homes [7] - The company operates various brands, including Zillow, Zillow Home Loans, and Trulia, among others [8] Partnership with Esusu - Esusu, a financial technology platform, collaborates with Zillow to enhance credit-building opportunities for renters by reporting rental payment data to credit bureaus [5][9] - Since early 2024, Zillow has enabled over 147,000 renters to improve their credit through on-time rent reporting, and CreditClimb expands this service to all renters in the U.S. [5]
Esusu and Zillow launch CreditClimb to help renters nationwide build credit with every rent payment