At Kory White Real Estate Group, we know that strong credit is key to unlocking your financial goals—whether you’re buying your first home, upgrading to your dream property, or qualifying for the best mortgage rates. If you’re consistently paying rent and utilities every month, why not have those payments help build your credit score?
Here’s how you can start getting credit for the bills you’re already paying, plus options to make sure you’re maximizing your financial potential.
👉 Schedule a Consultation if you’d like personalized credit-building strategies with our team!
Report Rent Payments with ExtraCredit®
ExtraCredit® from Credit.com is a monthly subscription designed to simplify credit management. One of its standout features is rent reporting. Once connected to your bank account, ExtraCredit scans for rent payments and submits them to all three major credit bureaus—Equifax, TransUnion, and Experian.
Why ExtraCredit?
• Reports rent directly to major bureaus
• No large upfront fees
• Affordable monthly subscription
• Free credit score updates every two weeks
Typically, rent payments begin showing on your credit report within a few weeks, though processing times may vary.
👉 Ready to explore? Book an Appointment and let us walk you through setting it up!
Add Utility Payments to Your Credit Report with Experian Boost™
Experian Boost™ is another great tool that helps you get credit for recurring payments you already make, including:
• Utilities (like water, gas, and electricity)
• Streaming services
• Rent payments
Once you link your qualifying bank account, Experian Boost scans for consistent payment history and adds positive tradelines to your Experian credit file (note: Boost only reports to Experian, not TransUnion or Equifax).
Requirements:
• At least three payments in the past six months
• An existing active credit account
• Online payment history
Other Rent & Utility Reporting Services
If you’re looking for alternatives, services like RentReporters and SimpleBills can help by reporting your payments. However, they often come with higher setup costs and require managing multiple accounts.
Before committing to any service, schedule time with us to compare your best options.
👉 Let’s Chat
Can Your Landlord Help?
Absolutely! One overlooked option is asking your landlord to report your rent payments. While not all landlords do this, many may not realize the benefits it offers their tenants—or that it’s even possible.
Encourage them to sign up with a rent reporting service or get registered directly with the credit bureaus. Their cooperation can streamline the process and even help others in your building.
Need help talking to your landlord? 👉 Book a Strategy Session
How to Choose the Right Reporting Service
When selecting a rent or utility reporting service, consider:
• Which payments get reported
• Which credit bureaus they report to
• Fees (setup and monthly)
• How long reporting takes
• Whether credit scores are included
• Security for your data
• How easy it is to cancel
We’re happy to guide you through comparing your options.
👉 Schedule a Credit Consultation
Credit-Building Alternatives
If rent reporting isn’t the right fit, here are other powerful ways to strengthen your credit:
âś… Use a Credit Card for Monthly Bills
Pay utilities, subscriptions, or even rent (if your landlord allows) using a credit card. Just make sure to pay off your balance each month to avoid interest.
âś… Try a Credit Builder Loan
These unique loans hold your funds in a savings account while you make payments. Once the loan is fully paid, you get your money—and a stronger credit history.
âś… Become an Authorized User
Ask a trusted family member or friend to add you as an authorized user on their credit card. Their on-time payments can help build your credit file.
Make Every Payment Count
Maximize the impact of your rent and utility payments today! At Kory White Real Estate Group, we’re here to help you build a brighter financial future—whether that means improving your credit, finding your next home, or both.
