On-time rent payments are now helping you build credit! | BCU partners with KarlaRent.com - BCU Financial

On-time rent payments are now helping you build credit! | BCU partners with KarlaRent.com

27.03.25


BCU Financial has partnered with KarlaRent.com to help you establish and grow your credit score.

KarlaRent allows tenants to use their on-time rental payments to build credit via the Rent Reporting platform! The Federal Government has approved Rent Reporting. Like a Mortgage, Rent Payments will start counting towards your Credit Score! The KarlaRent platform also includes live credit score monitoring and financial literacy resources.

KarlaRent has rent reporting, financial resources and live credit score

Easy Steps to Enroll:

  1. Sign up for KarlaRent via bcu.karlarent.com/register
  2. Enter the code: BCUMEMBER
  3. Pay your rent on time through your BCU Financial account
  4. KarlaRent reports your on-time payments to the credit bureaus
  5. Monitor your credit score online or through an app

Not a BCU member yet?
Become a member of BCU by opening an account at the nearest branch or online via apply.bcufinancial.com

At this early stage, your valuable feedback about the process and platform is very important, so please be generous in sharing it! If you experience any difficulties or have anything to comment on, don’t hesitate to reach out to memberservices@bcufinancial.com.


About KarlaRent.com

KarlaRent is dedicated to improving renters’ financial health. Founded in 2022, KarlaRent proudly serves over 150,000 renters across Canada and beyond. Karla provides members with the tools for every step of the rental journey, helping renters build credit and financial wellness.

Disclaimer: Credit building does not happen overnight. Maintaining consistent and timely payments is important to see credit score improvement. BCU Financial reserves the right to change, extend or withdraw this offer at any time. 

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