When you pay a bill on time every month, like a mortgage or credit card, you might expect that your payments will automatically appear on your credit report and boost your credit score. However, rental payments for an apartment are not always the same. For a rent payment to build your credit score, your landlord needs to report the payment to a credit bureau. If you want your monthly rent payment to count in your credit score, there may be steps you can take to initiate rent reporting.
Does Paying Rent Build Your Credit?
Last Updated: November 12, 2024
3 min read
Next steps
See if you're pre-approved
Learn about Discover It® Cash Back Credit Card
See rates, rewards and other info
You may also be interested in
Was this article helpful?
Was this article helpful?
-
Legal Disclaimer: This site is for educational purposes and is not a substitute for professional advice. The material on this site is not intended to provide legal, investment, or financial advice and does not indicate the availability of any Discover product or service. It does not guarantee that Discover offers or endorses a product or service. For specific advice about your unique circumstances, you may wish to consult a qualified professional.