If you’re a renter, you’re likely paying thousands of dollars every year — but did you know those payments could be working for you?
Rent Credit is a simple, affordable way to build or improve your credit score by reporting your rent payments to Equifax, one of Canada’s major credit bureaus.
Why It Matters
Rent is often the largest monthly expense, yet most credit files don’t reflect it. Rent Credit changes that — by turning your on-time rent payments into credit-building power.
Benefits include:
Boost your credit without taking on debt
No landlord permission required
Credit-building results in as little as 3–6 months
Helps you qualify for loans, credit cards, and mortgages
Who It’s For
Renters with thin credit histories
Newcomers to Canada
Students or recent grads
Anyone looking to strengthen their financial profile