1. Doesn’t my rent already show on my credit report?
No, your rent payments are not being reported. This misconception hurts tenants because when you don’t pay
your rent on time, or have a landlord action against you, this is reported to the credit agencies in the form
of collections or an unlawful detainer filing in the public records. PayRentGetCredit.com is the solution
because we can report positive rent payments onto your credit profile boosting your credit score and making
it easier to get a low interest loan.
2. Can reporting rent boost my credit score?
Yes, when your rent payments are reported it helps strengthen your credit profile and will give the bureaus
more accurate information to make a better evaluation according to their credit scoring system and criteria.
Having positive rent payments show on your account can only help your credit score.
3. How much does it cost to get started and what does it cover?
Establishing a membership account is easy and inexpensive. There is a one-time rental and account verification
fee of $149.95 and a monthly reporting fee of $9.95 a month. These fees cover the cost of your account set-up,
security, fraud protection, landlord and rental verification, loading your information and transferring it to
the Credit Bureaus and getting it posted to your credit report every month. Think about it…for the cost of a
movie, you can have your rent payment making a positive impact on your credit score and your life!
4. How long does the information last on my report?
Your positive rent payments will remain on your credit report for 7 years after the last report is posted.
But the positive benefits to you will last far longer.
5. Is reporting rent legal?
Yes, when you give us permission to report your rent, we contact your landlord to complete the service agreement.
There is no additional cost to your landlord to do this and they are more than happy to be a credit reference for
their tenants. Because of our secure and accurate credit reporting practices and our 25 years of credit expertise,
it is safe to say, we are the only ones providing documented verification services for the rental industry.
6. How long does it take to show up on my report?
Usually, an individual can see their first rent payment on their credit report within 30 days of the final verification
step of the reporting process. This means that depending on the reporting cycle, you may have this information appear
no later than 60 days from the time you sign up for the service, so don’t delay. Now is the time to get credit where
credit is due!
7. How does my rent get to my credit report?
After you register online you will receive a stored value debit MasterCard™. You will load your card with enough
money to cover your rent payment. You will pay your rent by using our online bill payment service. Through this
service we obtain the on-time payment information from MasterCard’s™ processing database and we upload it to the
National Credit Bureaus where it makes its way onto your credit profile improving your credit worthiness & boosting your score.
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