Get Credit For The Rent You Pay Through PropertyCard

If you search on the Internet, you will probably find a thousand ways that can help you build your credit score. But how many of these ways actually involve practical methods that are actually doable in real life? If you are someone who likes to maintain a decent enough credit score, you can build it simply by paying your rent ontime. PropertyCard is an app that is used by the majority of homeowners and tenants in the UK. It allows the synchronization of bank details with your details and builds your credit score through rent payments.

 

 

How do rent payments appear in credit data? 

Along with all the things that determine creditworthiness, rent payment is also considered an eligible method. If you want to improve your credit score slowly over time, you can build it by timely rent payments as well. To do this, you will need to take help from a rent reporting system that uses bank transactions to efficiently report live data to the bank.

How much time does it take to improve the credit score? 

With rent payments, you won't notice a sudden boost in credit score in a short period. The best way to improve credit score by this method is to wait for at least 6 months to 1 year before judging the results. If you use PropertyCard, you can increase your credit score by 20 to 50 points if you follow the right strategy.

What if you don’t pay rent online?

If you want to start paying rent online, you don’t even have to transfer the money to your bank account. PropertyCard app can do that for you if you enable automated rent payments through the bank account. Enabling automated payments can also give a boost to your credit score.

If you are looking forward to improving your credit score through rent payments, be sure to download the PropertyCard app. This app was developed by a company founded by Oliver Muller and is one of the most trusted apps in the UK used by homeowners as well as tenants. Homeowners can save their time and money by listing their property for rent or sale on this platform. Tenants can enjoy a wide range of facilities through this platform. If you want to know about their benefits and services, you can visit their website to know more.

About Oliver Muller:

Oliver Muller is a well-known entrepreneur popularly known as the CEO and founder of PropertyCard.

For more information, visit https://www.propertycard.com/



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