Does renting an apartment help improve your credit score?

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asked Jun 22, 2017 in Real Estate - Renting by manick (210 points)
edited Jun 22, 2017 by manick
Does renting an apartment help improve your credit score?

Do landlords report your on time rent payments which improves your credit scores?

1 Answer

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answered Jun 23, 2017 by Mechanic21 (29,150 points)
It depends on the landlord. Some big apartment complexes may report your payments and small landlords might not report your payments.

If they do report it make sure you make your payments on time as it can ruin your credit score and affect you getting apartments or loans in the future.

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