with your rent
Build your credit for free by just paying your rent every month and unlock a brighter financial future.
No landlord approval
No matter who your landlord is, you can start now.
No credit check
There is no credit check to start using LeaseSimple.
All 3 credit bureaus
Payments are reported to Equifax, Experian, Transunion.
Up to 100 points
Renters usually see results after their first rent payment.
How does it work?
Pay your rent through your LeaseSimple bank account. We support all payment methods accepted by landlords.
Your rent payments are automatically reported to Equifax, Experian and Transunion.
Credit bureaus include your rent payments in your credit report and credit score calculation.
Our trusted partners
Connect your regular bank account to LeaseSimple and set up automatic rent payments every month. Your rent is then sent to your landlord through your preferred method: paper check via mail, ACH transfer, or direct debit (using your LeaseSimple account and routing numbers).
Not at all. To get started with LeaseSimple, you don’t need to involve your landlord and we will never contact them directly.
You have full control over when your rent is sent to your landlord from your account.
You can use any bank account for free – usually the one where you receive your pay check – or alternatively, you have the option to use a debit or credit card with applicable fees.
You are free to send your rent to the landlord whenever you want and when your balance is sufficient. But we strongly recommend that you send your rent to the landlord by the due date indicated in your lease.
The landlord receives the rent within a period that can range from immediately and up to 7 days depending on the payout method chosen (ACH, Direct Debit or Paper Check). All payments are made under your name and you have the option to notify the landlord by email immediately after a payment is sent.
Having your rent payments reported to credit bureaus can help you build a positive credit history and generally improve your credit score by up to 100 points. It allows your responsible payment behavior to be included in your credit profile, which can be beneficial when applying for loans, credit cards, or future rental agreements.
If you choose this option, your rent payments will be automatically reported every month to the major credit bureaus, Equifax, TransUnion, and Experian. You can track your reported rents and monitor the progress of your credit score within your LeaseSimple account.
Nope. LeaseSimple can never negatively impact your credit score since we only report positive events and don’t report late or missed payments.
Yes, reporting rent payments to credit bureaus can be particularly beneficial for first-time renters who are building their credit history. It allows them to establish a positive credit profile based on their responsible rent payment behavior.
Nope. The basic bank account to pay rent and build your credit is free. There is no catch, we’ll introduce soon more products and certain will require to pay a fee.
Yes, we use bank-level security standards to make sure you can make payments securely.