A new analysis by TransUnion gauges just how much the reporting of on-time rental payments can improve consumers' credit scores, especially for those with blemished credit.

Roughly eight in 10 consumers with blemished credit, or 79.1% of those with VantageScores below 641 on a scale of 501 to 990, saw an increase in their score one month after rental payment reporting was added, according to the study. Nearly 41% of these so-called subprime consumers saw their VantageScore increase by 10 points or more.

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