Boom - Build credit with rent.

by Boom Pay


Finance

free



Did you know that your rent payments aren’t automatically reported to the credit bureaus? Boom makes it easy to build credit with your rent. Join the tens of thousands of renters who use BoomReport to report ongoing payments, past payments, or both. Boom reports to all 3 major credit bureaus - Experian, TransUnion, and Equifax - so you see the maximum impact of the largest payment you make every month.BUILD & TRACK YOUR CREDITOn average, Boom customers see an average credit score increase of 28 pointsSome users see increases of over 105 pointsReporting your rent payments can help give you a credit score if you do not already have one See your new rental tradeline on your credit report in as little as 10 days Access your credit score for free in the Boom app to track your progressHOW IT WORKS Enroll in as few as 5 minutes via the Boom app Available for anyone who pays rent via a digitally-tracked method, such as a rental portal, bank account, check, ACH, or payment apps (e.g. Venmo, PayPal)Report ongoing payments and up to 24 months of prior rent history You can even report old leases too, as long as you moved out within the past 12 months SECURITYYour security is a top priority. Sensitive user data is stored with our verification partners, which are bank-grade, highly-encrypted services. Our verification partners perform similar services for trusted companies such as PayPal, Robinhood, Coinbase, Venmo, Chime and more. Your data is never stored on your device. We do not sell your personal information to any third parties.Still reading? What are you waiting for? Download Boom and supercharge your rent today. Chat our team at www.boompay.app or via the in-app support feature in the Boom Pay app if you have any questions, suggestions, or feedback.