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Changes to Your Credit Score with Credit Boosting
Changes to Your Credit Score with Credit Boosting

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Charlie avatar
Written by Charlie
Updated over 8 months ago

If you've just signed up for credit boosting/ rent reporting, you may be excited about the changes ahead, and rightfully so!
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Signing up for credit boosting is a great way to grow your credit using payments you already make, and while this is a good strategy, it will take time to take effect.
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The first step of credit boosting creates a new tradeline on your credit report. The impact of this varies- for some people, this new tradeline will not have an impact on your credit score. For others, the addition of the new tradeline can have a positive or negative impact. This is dependent on the Account Age which is a considerable factor of all credit score activity.
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No matter the direction of this first step, as you continue to pay your rent, all on-time payments will be recorded in your favor.

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