SingleKey, a leading residential leasing solutions provider, has expanded its relationship with Equifax Canada to offer a suite of innovative solutions to its customers. The new solutions aim to improve housing accessibility, financial literacy, and credit transparency for renters and landlords. SingleKey will leverage three unique Equifax solutions, including Credit Health, Rental Credit History, and Global Consumer Credit File, to help renters build their credit history and give landlords better risk management tools. The partnership is expected to benefit over 180,000 Canadian renters in 2025 alone.
SingleKey, a leading provider of residential leasing solutions, has expanded its relationship with Equifax Canada to offer a suite of innovative solutions to its customers. The new solutions aim to improve housing accessibility, financial literacy, and credit transparency for renters and landlords. SingleKey will leverage three unique Equifax solutions, including Credit Health, Rental Credit History, and Global Consumer Credit File, to help renters build their credit history and give landlords better risk management tools. The partnership is expected to benefit over 180,000 Canadian renters in 2025 alone [2].
Credit Health allows SingleKey customers to monitor their credit information and gain insights into responsible financial habits. Rental Credit History provides a seamless way for tenants to build their credit history by reporting their rent payments to Equifax Canada. The Global Consumer Credit File offers newcomers to Canada and lenders a secure means to access global credit data, leveraging foreign credit history in Canada. These solutions are designed to empower renters with better financial tools while providing landlords with stronger risk management capabilities [2].
The collaboration between Equifax and SingleKey is part of Equifax's broader commitment to financial inclusion. By integrating Equifax's credit data and solutions, SingleKey is breaking down barriers to housing accessibility and ensuring renters have the same opportunities to build credit as homeowners. The partnership is expected to significantly impact the rental market, making it more transparent, accessible, and financially empowering for both landlords and renters [2].
The new solutions are set to be rolled out in 2025, with over 180,000 Canadian renters gaining free access to Credit Health alone. This initiative is part of SingleKey's ongoing efforts to enhance the rental experience and empower both landlords and tenants with better financial tools and insights [2].
References:
[1] https://www.marketscreener.com/news/equifax-empowering-financial-well-being-with-equifax-consumer-friendly-solutions-ce7c51dcd081f322
[2] https://www.businesswire.com/news/home/20250820394654/en/SingleKey-Leverages-Innovative-Credit-Solutions-from-Equifax-Canada-to-Empower-Renters-and-Landlords-Across-Canada
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