By reporting your on-time rent payments to credit bureaus, you can significantly improve your credit score. On average, customers see an increase in their credit score after adding their rent to their credit file. In fact, you can even add up to 4 years of past rent payments, which can boost your score dramatically!
No, the registration process is simple and takes just a few minutes. You'll need to provide some basic information about yourself and your landlord, and then you're on your way to a better credit score!
Once you're enrolled, your rent payment history will be reported to the credit bureaus, and you can expect to see an improvement in your credit score in as little as 10 days. Your rent history will appear on your credit report, and your score will continue to improve each month as your rent payments are verified and reported.
Yes, there is a satisfaction guarantee. If you're not delighted with your score change, you can request a refund within 7 days of being notified that your updated credit score has posted. Your rent history will be removed from your credit report, and you'll receive a complete refund.
Reporting your rent payments continuously has a significant impact on your credit score. Just like a credit card, showing that you pay your rent on time over multiple months and years plays an important role in building your credit. The longer you report your rent, the more impact it has on your credit, and your results will continue to improve over time.
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