By Kate Lerette, Twin Cities Business Magazine
“Consumers have historically used credit cards to build their credit, but for some, that method has proven more detrimental than helpful. Identifying the need for an alternative method, Matt Briggs launched RentTrack in 2014, giving residents the option to build their credit history through rent payments.
Based in St. Louis Park, RentTrack is an online payment platform that renters can use to securely pay their rent while building their credit history. It’s the first and only company to report rent payments to all three major credit bureaus (Experian, TransUnion and Equifax).”