Build your credit by reporting past rent payments

If you’ve rented for six months or more, you have an excellent opportunity to build your credit. You can report past rent payments through a rent reporting service to the credit bureaus, and your rental history will appear on your credit report.

October 24, 2023

5 min read


If you’re like the majority of people, you probably don’t think about your credit score very often. But did you know that reporting your rent payments can actually help improve your credit score? 

A good credit score not only gives landlords a positive impression of your financial health, it also makes it easier to access loans and additional credit at desirable terms when you’re finally ready to buy your dream home. Here’s everything you need to know to help you if reporting rent is the right move for your financial future.

Understanding the link between rent payments and your credit score

On-time rent payments can help you bounce back from previous financial setbacks and rebuild your credit. Making and reporting punctual rent payments not only helps boost credit scores, but also creates a solid foundation for people who are trying to build their credit history for the first time. By showing a consistent track record, you’ll be able to show lenders that they can depend on you to manage financial obligations. 

Pros of Rent Reporting

The advantages of reporting past rent payments have far reaching benefits.  

Establishes a Positive Credit History

When you report your rent, you're not just paying bills—you're building a positive credit history. Regular, on-time rent payments demonstrate that you’re financially responsible, even with payments that don't traditionally contribute to your credit score.

Expands Access to Financial Opportunities

A higher credit score can make you more eligible for loans, credit cards, and other financial products. It can also increase your chances of being approved for a mortgage, giving you the opportunity to own a home.

Encourages Timely Payments

When you report your rent payments it gives you an incentive to pay on time. And with a heightened sense of accountability, you’ll develop more financial discipline and long-lasting payment habits. 

Beneficial for Those with Limited Credit History

If you’re a student or a young professional, you probably have a limited credit history or no credit history at all. If this sounds like you, rent reporting is an excellent way to start building credit and give landlords and lenders confidence that you’re reliable. 

Leads to a better relationship with your landlord

Showing your landlord that you take financial commitments seriously is a great way to start a good relationship with them. Plus, it also gives your landlord the confidence that you’ll likely pay rent on time and fulfill your responsibilities as a tenant.

Downsides to Rent Reporting

Although rent reporting has many advantages, it's important to be aware of some of its drawbacks.

Not all landlords participate

Whether or not rent reporting is an option is up to the discretion of your landlord or property manager. Some may shy away from it because of concerns regarding privacy, potential administrative burdens, and fears of legal liabilities. This means that even if you want to report your rent payments, it may not be an option. 

Potential for reporting errors

As with any financial reporting, there's a possibility for errors. But when it comes to rent reporting, errors can potentially harm your credit instead of helping it. Manual data entry mistakes or system glitches, incorrect payment amounts or dates, and reporting rent for the wrong tenant, particularly in situations where multiple individuals share a rental unit, can all create discrepancies in your credit history. 

Doesn't affect all credit scores equally

While rent reporting can positively impact your credit score, the extent of its impact may vary depending on the scoring model used by lenders. Some scoring models, for example, may weigh rental history more heavily while others may prioritize different aspects of your credit profile. It’s important to recognize that while reporting your rent payments is a proactive step towards building creditworthiness, it's just one piece of the larger financial puzzle.

Limited influence on other credit factors

Rent reporting primarily affects your payment history. It doesn't have a direct impact on other factors like credit utilization, length of credit history, or types of credit in use, which are also important components of your credit score.

How to report rent to credit bureaus

Here are three different ways you can report past rent payments. 

1. Rent reporting services

To have payments added to your credit reports, you can use a rent reporting service. Rent report services can report to one, two, or all three bureaus. Services like Rent Spree’s Credit Builder, for example, report to TransUnion but not Experian or Equifax. Keep in mind however, that if your landlord isn’t already using a service, you may need to ask them to enroll with one.

2. Rental payment platforms

Some rent payment platforms offer rent reporting as a feature that allows you to make payments while simultaneously building your credit history. Designed to make the reporting process seamless, these platforms make it easy for renters to simultaneously pay and get credit for their rent. 

3. Rent tracking applications

If rent reporting services or rental payment platforms don’t work for you, you may prefer using an app instead. Not only are rent tracking apps practical and convenient, but they don’t require your landlord to participate or sign-off on them. They typically include features like payment reminders and notifications, so you don’t have to worry about missing a payment or submitting payment late. Some apps even let you schedule automatic payments, providing extra peace of mind. 

Factors you need to consider before reporting your rent

While rent reporting services make it simple for landlords and property managers to report rent to the credit bureaus, it’s still important to consider these factors before deciding which one to choose. 


Since there may be some hefty fees associated with reporting, you’ll want to evaluate the costs to determine whether the benefits outweigh the expense — especially if you’re the one who needs to pay for it. If you don’t want it to come out of your pocket, consider shopping around for services that bill landlords instead. 

Reporting to all three major bureaus

If you truly want to maximize the impact on your credit profile, opt for a service that reports to all three major credit bureaus: Equifax, Experian, and TransUnion. It’s a strategic move that will ensure your payment history is comprehensively reflected in your credit report. You’ll also increase the visibility and credibility of your responsible payment habits, potentially leading to improved loan terms, better interest rates, and a stronger overall financial standing. 

Late or missed payments

Life can be unpredictable, and unforeseen circumstances can sometimes lead to financial hardships. But not every reporting service treats late or missed payments the same way. Some may report them as negative marks on your credit history so when you’re researching your options, find out if a service’s policy will work against you or in your favor. 

Credibility and reputation

Before you hand over your sensitive financial data to a reporting service, check reviews and ask for recommendations. A reputable company is more likely to have established procedures and systems in place to securely record and report rent payments to credit bureaus.

Cancellation policy

A transparent and accommodating cancellation policy shows a company cares about keeping you happy and ethically doing business. Since some providers will be more flexible than others, find out if there are any specific conditions or fees associated with canceling the service. This way, you’ll be off the hook if unforeseen circumstances arise and you need to make changes to your rental reporting arrangement.

Eligibility and service location

Before signing up for a rent reporting service, verify if your specific rental unit meets the eligibility criteria for that particular service. To avoid any potential complications down the line, be sure to also check that the service is available in your area. 

Ease of use

Choose a user-friendly platform that will enable you to report your rent payments efficiently. Doing so will save you a lot of valuable time and motivate you to be consistent, which is essential for building a positive credit history. Look for a service with an intuitive interface since it will reduce the likelihood of errors and will guarantee that your rent payments are accurately recorded and reported to credit bureaus.

Customer support

If you’re seeking a seamless and hassle-free reporting experience, adequate customer support is non-negotiable. Whether it's to resolve a technical issue or to address any concerns about the reporting process, if you have access to a good support team you’ll be able to get assistance and guidance when needed.

How To Boost Your Credit With RentSpree

By staying vigilant and actively monitoring your credit report, you can make sure your efforts yield desired results. With patience and persistence, you can watch your credit score soar, setting the stage for a more secure financial future. And it’s as simple as taking advantage of rent reporting services. 

RentSpree's Credit Builder not only transforms a routine expense into a valuable credit-building tool but also makes it easy for you to report your rent payments directly to TransUnion.

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