Keep a good credit history and increase your credit score without being in debt

Include rent payments in your credit file

 

Rent payments paid on schedule can help you to increase your credit score. Landlords can now report on how the tenants pay their rents through a consumer reporting agency called RentBureau.

 

Paying your rent on schedule is like effectively managing installments debts; thus, it shows that you are accountable and trustworthy.

 

So be a responsible tenant and pay your rent on time!

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Author: Donna Woods

  • 6+ years of experience in financial analysis
  • 5+ years of experience as a writer, published author, editor, and screenwriter