Reporting rental and other recurring bill payments to PRBC is a community development service for banks under the Community Reinvestment Act.
Michael Nathans, Chairman and Founder, PRBC

PRBC, (Pay Rent Build Credit Inc.) has been granted a patent by the United States Patent and Trademark Office for the company's technology and method for collecting data on recurring bill payments that go largely unreported to traditional credit bureaus. Payment types traced include rent to own and pay day advance.

According to Michael Nathans, PRBC Chairman and Founder, "The patent recognizes PRBC's technology and method as a credit bureau, for collecting bill payment data from financial institutions that consumers and small businesses use to pay their bills each month, and for storing and scoring that data to produce a report indicating the payer's creditworthiness, specifically their willingness and ability to make timely payments."

"Reporting rental and other recurring bill payments to PRBC is a community development service for banks under the Community Reinvestment Act," added Nathans.