Does Renting an apartment help build your credit?

+1 vote
asked Jun 28, 2017 in Real Estate - Renting by Duckbricks (370 points)
Does Renting an apartment help build your credit?
Does renting an apartment help build or establish your credit score?

1 Answer

0 votes
answered Jul 16, 2017 by Shawn (105,070 points)
Because rent payments aren't reported to the credit agencies they don't improve credit scores.

But if you miss payments then it can affect your credit score.

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