using rent payments to build credit

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.


Fortunately, there are a handful of companies that let you initiate this process: two of them are and Both are online rent payment reporting services.


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…]