Qira, a provider of financial solutions for the rental industry, has announced a partnership with Tackle that will enable renters on the Qira platform to opt into Tackle’s credit reporting services, allowing them to build a positive credit history while renting. The partnership aims to empower renters, enhance their financial stability and foster stronger relationships between property management companies and their residents.
By leveraging Tackle’s credit reporting services, renters on the Qira platform can choose to include their rental payment data in their credit reports, either at a small monthly cost to the renter or paid for by the property management company, resulting in no cost to the renter. This integration presents an way for renters to establish a solid credit profile, opening doors to better financial opportunities in the future.
“At Qira, we support our renters’ journeys toward financial freedom and stability,” said Brian Ball, CEO. “Our Pay Later and Security Deposit Alternative products significantly help renters to manage their cash flow and meet their lease obligations. Adding the Tackle credit reporting aspect and these products provide renters the tools they need to secure their financial futures.”
The Qira-Tackle partnership offers numerous benefits to both renters and property management companies. For renters, it provides an avenue to build a positive credit history, which is essential for accessing credit cards, loans and other financial services. The inclusion of rental payment data in credit reports helps renters demonstrate their financial responsibility, potentially leading to lower interest rates and better terms on future credit products.
Property management companies can leverage this partnership to attract responsible and financially stable renters. By offering a built-in credit reporting service through Qira, property management companies can differentiate themselves in a competitive market and strengthen their appeal to prospective residents. This collaboration aligns with Qira’s commitment to empowering partners with innovative tools to enhance resident satisfaction and retention rates.
