Credit scores should include rental history says Urban Institute

A new study suggests that a change in the information used for credit scores could enable millions of potential homebuyers to qualify for a mortgage. The Urban Institute says that while credit bureaus pick up missed rent payments, they do not generally record those that are made on time. But these payments are typically most consumers largest monthly expense, providing a good indication of their ability to meet a monthly financial commitment.

Source: Credit scores should include rental history says Urban Institute