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Expert: Rent reporting could boost your credit score by up to 150 points
John Kiernan of WalletHub explains that reporting rent payments to TransUnion via services like WalletHub can boost credit scores by up to 150 points, with research from VantageScore supporting this claim. Only 13% of renters currently have their payments reported, and utility bills can also be reported to build credit.
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- Expert: Rent reporting could boost your credit score by up to 150 points
- Expert: Rent reporting could boost your credit score by up to 150 points
- Need a credit-score boost? Call your credit-card company and ask for this — but proceed with caution.
- Sen. Elizabeth Warren investigating credit card that lets you earn points and miles by paying your rent
- Trying to fix your credit? Start with on-time payments
- Trying to fix your credit? Start with on-time payments