Blog > Boost Your Credit by Getting Your Rent Payments Reported!
How to get your rent reported to credit bureaus
For many, rent is the largest monthly expense, and you can take steps to make sure your on-time rent payments are being reported to credit bureaus and helping you build credit.
Building a credit history is crucial in today’s economy. It allows you to access diverse financing, obtain lower interest rates and qualify for future mortgages. Unfortunately, rent payments are not automatically factored into your credit score. That means, for many people, their largest monthly expense doesn’t help build credit.
Read the full Freddie Mac article here
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Leigh Ann Parkinson
REALTOR® Agent ABR® SRS® | License ID: 357037
REALTOR® Agent ABR® SRS® License ID: 357037