If you’re living in one of America’s 40 million renter households, there’s an easy way for you to quickly and painlessly increase your credit score and even help qualify for a mortgage.
What’s the secret? It’s simply adding your rental payment history to your credit reports.
Here’s what you need to know to go about adding alternative credit data, such as rent and utility payments, to your credit files and watching your credit score quickly rise. [continue reading…]