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Can Paying Rent Help Your Credit? — Rent reporting services collect and report timely rent payments which can help increase your credit score. It’s not automatic though. Find out how rent reporting works and how to set it up.

If you don’t have much in the way of credit or maybe you are trying to repair your credit, wouldn’t it be great if your on-time rental payments were factored into your credit score? Within the last few years, more and more services have popped up that can report your timely payments to all three credit reporting bureaus. But here’s the catch, the services are not free and you can not report them yourself. That means you will have to get your landlord on board with reporting your payments — which might be easy or difficult depending on the landlord and your relationship with your landlord. To use a rent reporting service, you will need to know which ones report to which bureaus and how much these services are going to cost your landlord. Read on!

   • Help Your Credit by Reporting Rent Payments  


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