rent reporting
Coverage of rent reporting in the Nexus archive.
- Expert: Rent reporting could boost your credit score by up to 150 points
WalletHub's rent reporting service allows renters to have their payments reported to TransUnion, potentially boosting credit scores by up to 150 points. Only 13% of renters currently have their payments reported, and utility bill reporting is also available through some services.
- 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.
- Expert: Rent reporting could boost your credit score by up to 150 points
WalletHub offers a rent reporting service that adds positive credit information by syncing checking accounts, with research indicating it can boost credit scores by up to 150 points. Only 13% of renters currently have their payments reported, and utility bills can also contribute to credit scores through similar services.