You already pay rent. Why not build credit too?
Let your hard-earned rent payments jumpstart your credit
Why is rent reporting worth it?
You already know building good credit is the key to getting the big-ticket items you want, better loans, lower interest rates, and more. By automatically reporting your on-time rent payments, you can start building credit today¹ without any negative effects.
Did you know that reporting your rent can up your credit score by 60 points on average?²
3 Reasons to Report Your Rent
There’s nothing to manage (or lose)
Land your next rental
Prime your accounts for purchases
1https://www.usatoday.com/story/money/2019/06/26/credit-score-your-rent-can-boost-your-fico-score-instantly/1556743001/ USA Today (2019)
2 Alternative Data Such as Rent Payment Reporting Bridges the Gap for Unscorable Consumers and Increases Financial Inclusion Opportunities. TransUnion (2021)
3 This is subject to change without prior notice, but residents’ monthly rental payments will be reported to at least one of the three major bureaus during their subscription to Rent Reporting, powered by Buildium.
4 Please note, Buildium is not a credit bureau and does not have direct influence over any aspect of credit bureau consumer profiles or credit scores calculated by the bureaus. Each bureau to which we report your rental payment information will determine, in its sole discretion, whether and how to use that information.