Submitted by scottyLogJobs t3_10q391u in personalfinance
Our leasing company has something called “renttrack” which they say “helps us build credit”, and listed it as opt-in. If I wanted to build credit I would open another of countless credit cards with actual rewards programs, so we didn’t opt-in. Then a few months later I get an alert from Mint that our credit went down, and I see it’s because the average age of accounts went down due to RENTTRACK being added.
What does my rental company get out of this? What is my recourse?
It’s hard to even talk to someone from the leasing company over the phone, it’s some call center in South America with a horrible delay. My gut is to first try them, and then when that doesn’t work just dispute the account directly with the credit tracking companies. Any other suggestions?