--- title: How Your Landlord Could Help Give Your Credit Score a Boost description: More landlords are reporting rent payments to credit bureaus like TransUnion and Experian. And it could improve your credit score. authors: - name: Pete Grieve role: Lead News Reporter url: https://money.com/author/pete-grieve/ bio: Pete Grieve is a personal finance reporter. In his time at Money, Pete has covered everything from car buying to credit cards to the housing market. education: University of Chicago, BA Political Science at_money_since: 2022 articles: 602 covers: - Credit - Banking - Business - Career Advice - Credit Cards - Debt - Economy and Politics - Education - Health and Wellness - Housing - Identity Theft - Insurance - Investing - Lifestyle - Loans - Mortgages - Personal Finance - Professional Services - Retirement - Shopping - Taxes social: - https://twitter.com/pete_grieve - https://linkedin.com/in/pete-grieve-b5aa02138 - https://www.facebook.com/petegrieve4 editors: - name: Brad Tuttle role: Senior Editor url: https://money.com/author/brad-tuttle/ bio: Brad Tuttle is a former senior editor at Money with over 10 years’ experience covering a vast number of personal finance topics, including careers, cars, travel, budgeting, investing, insurance, credit cards, consumer psychology, real estate, banking, and shopping and deals. education: Columbia University School of Journalism, MS at_money_since: 2014 articles: 366 covers: - Credit - Banking - Business - Career Advice - Credit Cards - Economy and Politics - Education - Health and Wellness - Housing - Identity Theft - Insurance - Investing - Lifestyle - Loans - Mortgages - Personal Finance - Pets - Professional Services - Retirement - Shopping - Taxes - Technology social: - https://twitter.com/bradrtuttle - https://linkedin.com/in/brad-tuttle-834b225 former_staff: true published: '2023-06-08T19:55:08.000Z' modified: '2024-10-03T04:27:49.000Z' section: Credit tags: - credit score - News word_count: 417 canonical: https://money.com/landlord-rent-payments-credit-score-increase/ type: NewsArticle source: structured-blocks --- > **Disclosure:** We research all brands listed and may earn a fee from our partners. Research and financial considerations may influence how brands are displayed. Not all brands are included. [Learn more](https://money.com/page/disclaimer/). ![Pho of a calendar close up with the rent due date circled](https://img.money.com/2023/06/News-landlord-report-rent-payments-boost-credit-score.jpg?crop=0px%2C200px%2C2880px%2C1620px&quality=85) Presented by: ![](https://s3.consumersadvocate.org/prd/image/image/17685/971d4710-a188-4b9a-90d5-a887cc13f521.png) Lexington Law’s credit repair consultants will work on your behalf to dispute mistakes on your report. Start repairing your credit today! [Go to LexingtonLaw.com](https://money.com/pr/rabf86210f6e?ap_referrer=%2Flandlord-rent-payments-credit-score-increase%2F) Does your landlord report your rent payments to credit bureaus? It may be beneficial if that happens. More property managers are reporting tenants’ rent payments to [credit bureaus](https://money.com/what-are-credit-reporting-agencies/) — a move that can potentially improve [credit scores](https://money.com/what-is-a-credit-score/) for some renters. A new [survey](https://www.transunion.com/lp/why-property-managers-embrace-rent-payment-reporting) from TransUnion, one of the three main credit reporting agencies, shows that there has been an uptick in [rent payment reporting](https://money.com/how-to-build-credit-with-rent-payments/) from large property management firms over the past year. If you have a thin credit background or negative items affecting your credit score, it could be beneficial to have your on-time rent payments on record with the credit bureaus. But this rent payment history is less important if you have more established history paying [loans](https://money.com/best-personal-loans/) and [credit card](https://money.com/best-credit-cards/) bills on time. ## Repair your credit today! ### Credit Repair experts can help you improve your credit score by identifying and disputing mistakes in your report. Click on your state to repair your credit today! [View Plans](https://money.com/pr/a3c75f9737a7?ap_referrer=%2Flandlord-rent-payments-credit-score-increase%2F) ## What it means for you A lot of people don't know if their rent payments are being reported, according to TransUnion, and it may be worth trying to find out. Only 11% of renters think their payment history is getting reported, which is a slight decrease from last year. - On-time rent payments can signal an ability to manage financial commitments, which is why a lender *may* look favorable at this type of history. (In some lending scenarios, rent payments may not be a factor at all.) - You can ask your landlord if they are currently reporting your rent payments. If they are not, you could request that they start doing it, but be aware that these services typically have costs. - Your credit score and credit history will affect many parts of your financial life, including [how much you can borrow](https://money.com/how-much-house-can-i-afford/), the terms of [auto loans](https://money.com/best-auto-refinance/) and other loans, the credit limit on your [credit cards](https://money.com/best-credit-cards/) and more. So it's obviously in your best interest to have a high credit score. ## Keep in mind Some major types of credit score models don’t factor your rent payments because rental accounts are classified as “non-traditional credit tradelines.” In other words, rent is not [debt](https://money.com/how-to-pay-off-debt/), so rent payments are usually not reported. - But certain newer types of credit scores — VantageScore 3.0/4.0 and FICO 9/10 — can include rent payment history. - FICO 9 and 10 scores, however, aren’t as widely used as scores like FICO 8, which the auto industry relies on for [car loans](https://money.com/best-auto-loan-rates/). That means the benefits of having your rent payments reported are situational. ## Take the first step toward better credit today ### Lexington Law leverages its 20 years of industry experience to work on your behalf. Don’t let bad credit weigh you down. Click below and get started now. [VIEW PLANS](https://money.com/pr/t3b67cc95913?ap_referrer=%2Flandlord-rent-payments-credit-score-increase%2F) ```json { "@context": "https://schema.org", "@graph": [ { "@type": "BreadcrumbList", "@id": "https://money.com/landlord-rent-payments-credit-score-increase/#breadcrumb", "itemListElement": [ { "@type": "ListItem", "position": 1, "name": "Home", "item": "https://money.com" }, { "@type": "ListItem", "position": 2, "name": "Credit", "item": "https://money.com/credit/" }, { "@type": "ListItem", "position": 3, "name": "Credit Score", "item": "https://money.com/credit-score/" }, { "@type": "ListItem", "position": 4, "name": "How Your Landlord Could Help Give Your Credit Score a Boost" } ] }, { "@type": "WebSite", "@id": "https://money.com/#website", "url": "https://money.com", "name": "Money", "publisher": { "@id": "https://money.com/#organization" } }, { "@type": "WebPage", "@id": "https://money.com/landlord-rent-payments-credit-score-increase/#webpage", "url": "https://money.com/landlord-rent-payments-credit-score-increase/", "name": "How Your Landlord Could Help Give Your Credit Score a Boost", "isPartOf": { "@id": "https://money.com/#website" }, "datePublished": "2023-06-08T19:55:08.000Z", "mainEntity": { "@id": "https://money.com/landlord-rent-payments-credit-score-increase/" }, "inLanguage": "en-US", "breadcrumb": { "@id": "https://money.com/landlord-rent-payments-credit-score-increase/#breadcrumb" }, "dateModified": "2024-10-03T04:27:49.000Z" }, { "@type": "NewsArticle", "headline": "How Your Landlord Could Help Give Your Credit Score a Boost", "articleSection": "Credit", "image": [ { "@type": "ImageObject", "url": "https://img.money.com/2023/06/News-landlord-report-rent-payments-boost-credit-score.jpg?crop=0px%2C200px%2C2880px%2C1620px&quality=85", "width": 1012, "height": 569, "caption": "News-landlord-report-rent-payments-boost-credit-score" } ], "author": [ { "@type": "Person", "name": "Pete Grieve", "url": "https://money.com/author/pete-grieve/", "@id": "https://money.com/author/pete-grieve/#author", "description": "Pete Grieve is a personal finance reporter. 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