What's your score?
With Pay Rent Online & Build Credit, you can view, grow and track your score.
Your credit score is the number that gives lenders and employers a quick picture of your creditworthiness.
With a better credit score, you'll qualify for better rates, save money, and improve your financial future.
Your credit score is your ticket to a stronger financial future
Put yourself in stronger position buying a car, applying for a loan, a mortgage, insurance, and going after that next job.
A recent RentTrack study showed a 29 points average increase in just two months. With that improvement, you'll qualify for lower interest rates. Over 24 months, this could save you:
Understanding your credit score
What does your credit score tell lenders? It's not just about late payments or unpaid accounts—a low credit score might indicate that credit bureaus simply don't have enough information to go on.
Until you open a credit account that is reported to a credit bureau, you'll have no credit file and no credit score. We call this The Catch-22 of Credit - it's typically difficult to establish credit on your own without a co-signer. Fortunately, you don't need a credit score to use RentTrack.
Lender's like to see a pattern of responsibility. If you only have one or two accounts, even a major car loan, you'll have a thin credit file. To secure a better score and qualify for a mortgage, you'll want to add additional accounts. RentTrack is great for beefing up your credit file.
Life happens. Late payments and accounts in collection will result in bad credit. By demonstrating responsibility with a new tradeline, you can patch things up and secure a stable financial future. A long-term lease, reported through RentTrack, can go a long way for your credit history.