Berkshire-based fintech Evlo has partnered with CreditLadder, the UK’s first and largest rent-reporting platform. The collaboration is designed to support more renters in developing a stronger credit history by ensuring their regular monthly rent payments are officially recorded on their credit files.
The move represents the latest step forward in Evlo’s pioneering Financial Freedom for Everyone campaign, an initiative that advocates for meaningful reforms to create a fairer and more inclusive credit system for renters across the country.
Financial exclusion continues to be a significant challenge across the UK. Through its campaign, Evlo highlights the sheer scale of the problem: 20.2 million adults remain financially underserved, one in three people are unable to access mainstream credit, and 5.6 million individuals are classified as “credit invisible,” meaning they lack sufficient recorded credit history to demonstrate their creditworthiness.
Addressing the rent discrepancy
For millions of renters, this lack of financial visibility is worsened by a longstanding inconsistency in the credit system. Whilst mortgage payments typically contribute to a homeowner’s credit profile, rent payments—which are often among the largest monthly financial commitments a person makes—do not consistently help renters establish or improve their credit history.
As part of the new partnership, Evlo will connect its renter customers, particularly those with “thin files” or limited credit histories, to a practical solution that enables them to establish a more comprehensive financial profile over time. By routing through CreditLadder, tenants will be provided with a straightforward route to have their rent payments reported to the major credit reference agencies.
Industry perspectives
Asif Nadeem, chief transformation officer at Evlo, explained the strategic importance of the alliance: “At Evlo, our mission is financial inclusion, helping people move back towards mainstream finance. Rent is one of the biggest monthly payments many people make, yet it hasn’t consistently helped renters build their credit history. Partnering with CreditLadder is a practical step we can take right now to help change that, while we continue to lead the industry push for broader reform through Financial Freedom for Everyone.”
Sheraz Dar, chief executive Officer at CreditLadder, added: “We’re delighted to partner with Evlo in our efforts to get every tenant in the UK reporting their rent payments and to help tenants use what is typically their biggest monthly expenditure to improve their credit position.”
This partnership follows previous coordinated industry action to address the structural issues in the credit market. In October 2025, Evlo joined forces with a coalition of financial services organisations and consumer advocates to submit a formal representation to HM Treasury in advance of the Autumn Budget. The submission called for rental payment data to be officially incorporated into credit scoring frameworks, and for tenants to be given a clear mechanism to share positive rent-payment data with credit reference agencies.
