We have generally seen a range of 7 to 120 point increases. For someone that has not established credit, it is possible for them to get a score above 640 fairly quickly. On the other side of the spectrum, if someone has  established a strong credit profile, with all on-time payments, they will probably see a much lower impact to their credit score – as with adding any new trade line. It has been our experience that in most cases someone will always pay their rent on time, however, may let a car payment or credit card go late. If this is the case, they should definitely be reporting their monthly rent payments. While you should never go late on any payment, you should at least get credit for all your on-time payments. We report twice a month to TransUnion and Equifax on the 5th and 15th. After reporting, TransUnion & Equifax typically have your new account active within 5-7 business days. If you are using a 3rd party Credit Report Provider such as Credit Karma, Free Credit Report, or Credit Sesame to view your report, you need to be mindful of how often they update their database. Some of these companies only update once a month, while others update once a week. In addition, some of these companies will update and show your new rental account, but will not update your score. Credit Rent Boost offers a simple solution for tenants to boost their credit score by simply paying their rent on time. By reporting their payments to credit bureaus, we help our clients establish a positive credit history and improve their financial future.

We want you to enroll with confidence! If we are unable to verify your landlord, we will immediately issue you a 100% refund as long as you also meet the requirements to be eligible for a refund (see FAQ “Why would I not qualify for a refund?”).! We do not set the landlord verification methods… TransUnion and Equifax have a strict vetting procedure that we are required to follow. While we are able to verify most landlords, some unfortunately will not qualify.