-- The Apartment Association of Greater Los Angeles (AAGLA), a leading trade association representing rental housing providers and real estate professionals, announced today it has reached an agreement with 950 Credit, Inc. which conducts business under the tradename Credit Rent Boost to offer positive rent payment reporting pursuant to new state law, Assembly Bill 2747. Credit Rent Boost’s pioneering solution helps renters build a credit history and strengthen credit scores by reporting monthly, on time rent payments and also allows housing providers to comply with the requirements of Assembly Bill 2747, which is effective as of April 1, 2025.
California’s Assembly Bill 2747 goes into effect on April 1, 2025, and requires landlords to offer their renters the option to have their positive rental payment information reported to one or more of the major credit bureaus. Housing providers can connect with Credit Rent Boost directly, simplifying the process of enrolling renters and authorizing rent reporting. Renters can conveniently submit their monthly rent payments, ensuring accurate and timely reporting to credit bureaus.
“We are thrilled to work with Credit Rent Boost by offering our members another value-added service,” said Daniel Yukelson, Executive Director and Chief Executive Officer at AAGLA. “By connecting Credit Rent Boost with our members and other housing providers, we’re not only helping tenants build better credit scores leading to stronger financial health and long-term stability, but we are also offering housing providers a convenient way to comply with California law under Assembly Bill 2747.”
“We’re excited to work with AAGLA to make it easier for property managers and tenants to benefit from rent reporting,” said Gregg Watkins, Chief Development Officer at Credit Rent Boost. “By streamlining the process and providing a seamless integration, we’re making it easier than ever for tenants to build credit history and achieve their financial goals.”
This agreement marks a significant step forward in the rental housing industry by combining the power of technologies to improve financial outcomes for tenants and landlords. By leveraging the strengths of AAGLA and Credit Rent Boost, this collaboration will help shape the future of property management and tenant empowerment.
About the Apartment Association of Greater Los Angeles (AAGLA). Founded in 1917, the Apartment Association of Greater Los Angeles seeks to promote the highest levels of professionalism within the multifamily rental housing industry. It provides a wide array of services and benefits that meet the needs of rental housing providers of all sizes, including educational seminars and member events, expert operational advice, and an extensive library of forms needed to successfully own and manage rental properties. The Association also serves as a powerful advocate and lobbyist for rental housing providers at the local, county, state, and federal levels of government. For more information, go to: www.aagla.org.
About Credit Rent Boost 950 Credit / Credit Rent Boost is a revolutionary service designed to help tenants improve their credit scores by reporting on-time rent payments to all three major credit bureaus. By using Credit Rent Boost, renters can build a positive credit history without taking on additional debt. This service is particularly beneficial for those where traditional credit-building opportunities might be limited.
Landlords also benefit from the integration with property management systems, which simplifies the reporting process and ensures accurate, timely submissions. Credit Rent Boost offers robust support and resources to both tenants and landlords, empowering tenants to achieve financial stability and enhance their credit profiles while providing landlords with a streamlined, efficient way to support their tenants’ financial growth. See: https://www.creditrentboost.com/aagla/
Contact Details: AAGLA Daniel Yukelson (Executive Director / Chief Executive Officer) | dan@aagla.org | (213) 384-4131| www.aagla.org
Credit Rent Boost Brett Curley (Director of Marketing) support@creditrentboost.com Phone: (480) 360-6736 Website: Credit Rent Boost
Contact Info:
Name: Brett Curley
Email: Send Email
Organization: Credit Rent Boost
Phone: 480) 360-6736
Website: https://www.creditrentboost.com/aagla/
Release ID: 89156175
Should any errors, concerns, or inconsistencies arise from the content provided in this press release that require attention or if a press release needs to be taken down, we kindly request that you immediately contact us at error@releasecontact.com (it is important to note that this email is the authorized channel for such matters, sending multiple emails to multiple addresses does not necessarily help expedite your request). Our efficient team will be at your disposal for timely assistance within 8 hours – taking necessary measures to rectify identified issues or providing guidance on the removal process. We prioritize delivering accurate and reliable information.
