For most Americans, rent is the largest monthly household expense, but you are currently not getting credit for making these on-time payments each month.
With BoomReport, you can report both your ongoing and past payments (up to 24 months of prior rental history on an active or closed lease).
Adding a rental tradeline to your credit report can help diversify your credit profile and can improve your credit score. The average Boom customer sees a credit score increase of over 28 points, with some users seeing increases of over 105 points.
Additionally, reporting your rent payments can help give you a credit score if you are a "thin-file" customer with no credit score.
Get started today! Download the Boom app here.