If you're looking for more than just an average credit score increase from companies promising you the world, here are our top three best rent reporting companies that offer ongoing reporting to your credit report:
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Eddy's Top Pick
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Runner-Up
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Best Alternative
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$2.00 per month
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$9.95 per month
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$8.95 per month
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Did you know you can report your rent payments to the major credit bureaus online?
Yup! Rent reporting is one of the easiest ways to boost your credit score, especially if you're starting to rebuild your credit from previous mistakes.
So I put together a list of the six best rent reporting services on the market today and how you can use them to leverage your on-time rent payments
If you purchase through our partner links, we get paid for the referral at no additional cost! For more information, visit my disclosure page.
Some say paying your rent on time is good for boosting your credit score, while others say that's not true.
I've been in the credit repair industry before and have started my own credit repair business. So I definitely have some experience in improving your credit score.
While you don't need to do all the "right" things, according to some credit experts, reporting your rent online can help you build positive credit history with the credit bureaus.
Rent is a monthly expense that most people have, and there is no reason not to use it to your advantage.
If you want to know:
Then you came to the right place. Let's get started.
What Are The Best Rent Reporting Services?
Most rent reporting services offer a monthly fee, but the nice thing is that you only have to sign up once. After that, it's cost-effective because your credit score reflects your new rent payment every month on autopilot.
Before we start, look at my top recommended rent reporting services for 2022.
Best Overall
Boom Pay
Boom is a rent reporting service that reports to all three major credit bureaus. This service can even track back to 24 months of previous rental history.
Reports To:
Experian, Equifax, TransUnion
Trustworthy:
9/10
Ease of Use:
9/10
Reporting Benefits:
Up to 24 months
We earn a commission if you make a purchase, at no additional cost to you.
Best Service
Rent Reporters
RentReporters will report rent payments to Equifax and TransUnion. They provide a friendly service to those who need rent reporting.
Reports To:
Equifax, TransUnion
Pricing:
$94.95 signup fee
Ease of Use:
8/10
Reporting Benefits:
24 months of Rent History
We earn a commission if you make a purchase, at no additional cost to you.
The best reporting services are also straightforward and offer online tools to manage your accounts from anywhere with an internet connection.
You'll want to make sure these services can include your past rent and have it reflect on your credit report, as some online services don't offer this.
What to look for:
Ready for this list? Read below!
1. Boom Pay
Best Rent Reporting Service To All Three Credit Bureaus
Boom Pay is a rent reporting service that will help you build your credit. It's the most affordable and reports to all three major bureaus. So what more could one ask?
They can also report your past payments from your previous lease, which can be a huge help when boosting your credit score.
How Does Boom work? Basically, you enroll, and Boom Report does all the work behind the scenes to verify and report your rent payments.
Pricing
Pay $2 per month ($24 annually) & $25 to report your previous two years.
What's great is that they do not check your credit score resulting in a negative impact. Trust me, they trust you.
You only need your social security number and a bank account to start.
Pros 
Cons
Do I Recommend Boom Pay?
Yes! Boom is perfect for increasing your credit score and leveraging your rent history. If you have exhausted all other options, then try out this service.
4.5/5
Rent Reporters is a rental reporting service that specifically stays on top of rent payments. Rent Reporters will report your rental history to two major credit bureaus and can help build a great credit score.
They have an insane amount of positive reviews and state they see an average increase of 10 to 40 point credit increase for their customers. All because they report their current and previous rent.
Their signup process is straightforward, and Rent Reporters takes care of the rest once you register. They will verify your payment history with the landlord or property management company and start reporting to Transunion & Equifax.
Pricing
Monthly & Yearly Plans both include a $94.95 setup fee
You can save a few extra dollars if you sign up for their yearly price of $7.95 per month, while the monthly plan goes for $9.95 per month.
You can have a free credit score and a complete dashboard to view your service reports.
they also include a roommate/spouse discount and free credit repair training so you can keep increasing your credit.
Pros
Cons
Do I Recommend Rent Reporters?
Yes! Rent Reporters is the second on my list and a great solution if you're looking for a monthly service that's quick and easy. They provide great support and free training to help you understand how to use your credit score.
5/5
Credit Rent Boost is one the best rent reporting services to help build your credit with rental payments. Credit Rent Boost reports to Transunion and Equifax and works with your landlords.
Credit Rent Boost is simple to use and takes just a few minutes to apply. With their service, your rent will be reported after two weeks. Another great feature of this service is that you can view your rental payment history online at any time with their intuitive online portal.
They can take care of you whether you need to report ongoing rental payments or past rent payment history.
Pricing
They offer plans at $5.95/month or $45/year with a $25 fee
Credit Rent Boost offers three different plans that you can pay for. Depending on whether you want to report past rental payments, each plan has a solution.
- Annual payment: $49.00 1 Renter / $88.00 2 Renters / $117.00 3 Renters
- Monthly Subscription: $6.95 1 Renter / $9.95 2 Renters / $12.95 3 Renters
- Past 24 Months: $65.00 1 Renter / $125.00 2 Renters / $125.00 3 Renters
Each plan includes instant rent reporting, a free online account with your payment history, and credit-building tips.
Pros
Cons
Do I Recommend Credit Rent Boost?
I recommend credit rent boost for anyone looking to build their credit with past rent payments. This service will report your rental history to the major credit bureaus and is simple to use.
4. Rental Kharma
Rental Kharma reports your qualifying rent payment history to TransUnion Equifax every month. They allow you to manage credit responsibly by showing timely rent payments.
Rental Kharma was created for renters who want the option of reporting their positive payment behavior to their current landlord or property manager. Just like Credit Karma offers free credit scores, you can enjoy the benefits of a rent payment history.
4/5
Pricing
Price ranges from $8.95-$60
To use this service, you must pay a one-time fee of $50, which includes six months of past rental history and a monthly charge of $8.95.
Rental Kharma offers add-ons such as:
- $25 discount for roommate/spouse
- $60 one time fee to report your entire rental history
- Split payment options
Pros
Cons
Do I Recommend Rental Kharma?
I recommend Rental Kharma if you are on a budget and only want to include up to six months of past rental history. You can pay for more added history, but at that point, I'd say choose one of the options above.
5. Rock The Score
Rock Your Score offers affordable rent reporting services to TransUnion and Equifax.
They provide an intelligent reporting option that can add up to 24 months of credit history in less than 30 days which is perfect if you're looking to buy a home or car.
Rock The Score will contact your property manager or landlord and verify your past payments to build your credit history, so you must register. They will handle the rest for you.
You also need to ensure you have your lease or rental agreement to provide it to them. This will make the process a lot simpler.
4/5
Pricing
A setup fee of $48 is required with a monthly reporting fee of $6.95 per month
If you want to take advantage of their smart reporting option, you'll need to pay an extra $65 which will count as a "seasoned" tradeline of 2 years.
Pros
Cons
Do I Recommend Rock The Score?
Yup, Rock The Score is perfect if you're on a budget and want to increase your credit score fast. They have an excellent customer support team that can help you if you get stuck throughout the signup process.
6. RentTrack
RentTrack is a custom solution for reporting residents' rental history to all three major credit bureaus. The property manager needs to signup for the service, and then they are given a custom CRM to share with their residents.
The resident is then invited to sign up for RentTrack, where they can track their credit score while protecting their identity.
3/5
Pricing
Monthly fee of $6.95 and past rent from $49.95-$89.95
Pros
Cons
Do I Recommend RentTrack?
Possibly. Since RentTrack can report to the three big credit reporting agencies, then that is the reason why I listed it on my website. But if they could increase positive customer service, then It would be #1.
How To Build Credit With Rent Payments
To build a good credit history, people can report their rent payments and establish a strong credit line with their landlord or property management company.
With more landlords required to provide rent reporting services in California via the FCRA & California Law SB-1157, more leasing centers will need to hop on board.
Many renters who are new to building up their own personal finances may not know how easy it is to get started improving your credit by just paying your monthly rent payment on time each month.
There are plenty of great ways to start building up your own personal finances today that could help you improve your financial stability and qualify for a lease or mortgage to buy your own house in the future.
To start building credit with your rental payments, first sign up with a rent reporting service.
Once you have signed up for an account, the service will contact the landlord on your behalf and report your payments to the major credit bureaus.
Building up a good credit score is all about consistency, so one missed payment can take a toll on your credit score.
Remember this. Having good credit will let you own a home, start a side hustle, or apply for things we usually can't do without credit.
Your landlord should be able to provide you with a letter that will allow you to report your rent payments as a form of payment history on time, but in the worst-case scenario, make sure you have a copy of the documents.
Is Rent Reporting Legit?
Yes, reporting your rent to increase your credit score is entirely legit.
It is excellent for people who are new to credit, have bad credit, or have no credit history.
Rental payment history plays a massive factor in building your credit score since having an excellent overall payment history is one of the biggest factors in determining your credit score.
The best part is that reporting rental costs, like paying rent each month to an apartment complex or even if you are living with roommates, will only benefit you by raising your credit score over time.
If you can prove to lenders, landlords, and other financial institutions that you pay your bills on time, you will qualify for different types of mortgages, leases, and credit cards.
Top Rent Reporting Services
Boom Pay
2. Rent Reporters
3. Rental Kharma
4. Rock The Score
5. RentTrack
Does Paying Rent Increase Your Credit Score?
No, that is why you should sign up for some rent reporting service to have your landlord or property management company report your monthly rent payments to the major credit bureaus.
If they aren't signed up for this, most of these services will guide your landlord through the process to make it as easy as possible for them to report your rent payments.
The credit bureaus like TransUnion, Equifax, and Experian will automatically update your account with each payment that gets reported making updating your credit score easier.
FAQ:
Paying rent can improve your credit score should you leverage rent reporting companies.
These companies record rent payment histories and make that data available so potential lenders can use rental data as evidence of creditworthiness when making loan decisions.
To benefit from rent reporting services, sign up with the service, provide rent history information, and continue to pay rent on time.
It seems unfair that rent often doesn’t count toward credit, making it tougher for some to secure a loan or rent an apartment.
The reason rent doesn't count is simple: rent payments are not regularly reported to the three major credit bureaus. However, there is a solution. You can use rent reporting services which have begun to pop up across the U.S., to help build good credit.
These services allow your rent history to be reported to the rent payment bureaus, allowing you to benefit from timely rent payments as far as your credit score is concerned.
Conclusion
That completes the best rent reporting services on my list. Make sure you start building your credit correctly and then use these credit building services for a boost.
If you want to see the best credit repair software, check out this article.
Have you tried any of these services?
Best Overall
Boom Pay is our #1 rent reporting company.
