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BoomReport 101

BoomReport 101

Everything you need to know about BoomReport

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33 articles in this collection
Written by Chris Crump

What is BoomReport?

BoomReport is a credit-building product credentialized with all three credit bureaus. We help renters build credit with their rent payments.
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Written by Chris Crump
Updated over a week ago
Getting Started: Everything you need to know about getting started with BoomReport

How does BoomReport work?

Enrolling in BoomReport takes less than 7 minutes.
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Written by Chris Crump
Updated over a week ago

How much does BoomReport cost?

Report your ongoing rent payments for only $2/month.
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Written by Chris Crump
Updated over a week ago

Is BoomReport for me?

If you pay rent, BoomReport is for you. Good credit changes lives. Change yours today with Boom!
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Written by Chris Crump
Updated over a week ago

Which credit bureaus does BoomReport work with?

Boom reports to all three major credit bureaus for maximum credit score impact: Experian, Equifax and TransUnion.
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Written by Chris Crump
Updated over a week ago

How far back can you report my rent payments? What about my upcoming/future payments?

Boom can report both ongoing and past rent payments.
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Written by Chris Crump
Updated over a week ago

Can I report my old or prior lease if the lease is no longer active, valid, and/or I’ve already moved out?

Boom can also report up to 24 months of past rent payments from any residential lease.
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Written by Chris Crump
Updated over a week ago

What is the timeline expected to see my rental tradeline on my credit report?

It normally takes 14 days to see your new rental tradeline but sometimes it takes longer.
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Written by Chris Crump
Updated over a week ago
BoomReport Eligibility: Everything you need to know about your eligibility with BoomReport

Am I eligible for BoomReport?

Do you pay rent via bank account? Yep, you are probably eligible.
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Written by Chris Crump
Updated over a week ago

Do I need to use the Boom app to enroll in BoomReport?

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Written by Chris Crump
Updated over a week ago

Can I use Boom if I have subsidized housing (e.g. Section 8, HUD, housing vouchers)

TLDR: Yes, as long as you can link the bank account or rental portal used to make a partial rent payment.
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Written by Chris Crump
Updated over a week ago

What if I pay my rent with cash or money orders?

TLDR: we do not report rent paid with cash, money orders, or cashiers checks
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Written by Chris Crump
Updated over a week ago

Do I have to link my bank account to use BoomReport?

TLDR: Yes, you must link your bank account.
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Written by Chris Crump
Updated over a week ago

What if my bank account used to pay rent was deactivated?

TLDR: We need an active bank account or an active rent portal so we can verify the rent payments.
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Written by Chris Crump
Updated over a week ago

What if I'm having trouble connecting my bank account?

Reach out to our customer support team via the Boom app or the Boom website
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Written by Chris Crump
Updated over a week ago

What if I pay my rent via credit card?

TLDR: That's fine! Plaid links with 12,000 financial instructions, including credit cards.
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Written by Chris Crump
Updated over a week ago

What if I don’t have a copy of my lease?

TLDR: you can upload your lease later but it's required to use BoomReport
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Written by Chris Crump
Updated over a week ago

How does this work with my landlord? When do you need to contact them?

Boom does not contact your landlord. We do not accept rent receipts.
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Written by Chris Crump
Updated over a week ago

What is considered a formal lease agreement?

A formal lease agreement is required.
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Written by Chris Crump
Updated over a week ago

Can my spouse/roommate sign up? What if they pay me instead?

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Written by Chris Crump
Updated over a week ago
Credit Impact: Your rental tradeline and credit score

What is a rental tradeline?

TLDR: a rental tradeline helps boost your credit score
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Written by Chris Crump
Updated over a week ago

What if there is an error on my rental tradeline or my tradeline not been posted yet?

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Written by Chris Crump
Updated over a week ago

Can reporting my rent payments negatively impact my credit score?

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Written by Chris Crump
Updated over a week ago

How does this work if I have late payments?

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Written by Chris Crump
Updated over a week ago

What impact will reporting my rent have on my score?

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Written by Chris Crump
Updated over a week ago

How will the Boom rental tradeline look on my credit report?

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Written by Chris Crump
Updated over a week ago

Where can I view my rental tradeline?

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Written by Chris Crump
Updated over a week ago
Bummer: Cancellations and Refunds

How can I cancel my BoomReport account?

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Written by Chris Crump
Updated over a week ago

What is your refund policy?

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Written by Chris Crump
Updated over a week ago

If I cancel my account, will my Boom rental tradeline be deleted?

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Written by Chris Crump
Updated over a week ago
FAQs: The Boom App

How to link a new bank account in the Boom app

You can link more than one bank account and Boom will automatically scan all linked accounts to find your rent payments
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Written by Chris Crump
Updated over a week ago

How to add a new or additional address in the Boom app

Adding a new or additional rental address is easy (and Boom gives you a discount too!)
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Written by Chris Crump
Updated over a week ago

How to turn off auto-renew in the Boom app

It takes 30 seconds to turn on or off auto-renew in the Boom app
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Written by Chris Crump
Updated over a week ago