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Unlocking credit potential: reporting rent payments to credit agencies

Unlocking Credit Potential: Reporting Rent Payments to Credit Agencies

Key Insights at a Glance Rent payments usually fly under the radar of credit bureaus, so they rarely sway your credit score directly. Third-party platforms exist that can relay your rent history to credit bureaus, but coverage across Experian, TransUnion, and Equifax varies. Consistently logged rent payments can bolster your creditworthiness, possibly opening doors to…