A team of property and technology experts realised that 11 million private renters who pay their rent on time each month were not having their rent payments recognised on their credit files.

This needed to change and through a partnership with Experian, CreditLadder was launched in 2017.

CreditLadder has now reported over £300 million in rental payments to The Experian Rental Exchange and is the UK's first and leading rent reporting service.

CreditLadder was the first property technology company to utilise the latest in OpenBanking technology to further enhance the experience for their users.

In 2018 the company was extremely proud to be announced as the biggest final stage winner of HM Treasury's Rent Recognition Challenge. In the same year we were awarded the Innovation in Credit award from the Credit and Collection Awards. The company also secured FCA approval as a Payment Institute which at the time made them one of only 15 companies to have achieved this.

In 2019 Moneynet awarded the company with the Best Credit Report Innovation in their recent awards.

In 2020 CreditLadder also started reporting rent payments to Equifax which can help a tenant improve their Equifax credit score. CreditLadder is the service through which a tenant can use their rent payments to improve their credit position on both Experian and Equifax.

Press support has come from BBC, Which?, Money Saving Expert, Sky News, The Times, FT, The Mirror, The Sun, i News, City A.M. & Metro.

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